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Chatham Lodging Trust (REIT) (CLDT) Ex-Dividend Date Scheduled for February 26, 2013

Posted
2/22/2013 9:00:00 AM
By: NASDAQ.com News
Referenced Stocks:AMT;CLDT;SPG

Chatham Lodging Trust (REIT) ( CLDT ) will begin trading ex-dividend on February 26, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on March 29, 2013. Shareholders who purchased CLDT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -60% decrease from the same period a year ago. At the current stock price of $16.25, the dividend yield is 5.17%.

The previous trading day's last sale of CLDT was $16.25, representing a -3.62% decrease from the 52 week high of $16.86 and a 41.18% increase over the 52 week low of $11.51.

CLDT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). CLDT's current earnings per share, an indicator of a company's profitability, is -$.13. Zacks Investment Research reports CLDT's forecasted earnings growth in 2013 as 23.08%, compared to an industry average of 7.8%.

For more information on the declaration, record and payment dates, visit the CLDT Dividend History page.