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Summit Hotel Properties, Inc. (INN) Ex-Dividend Date Scheduled for February 11, 2013
By: NASDAQ.com News
Summit Hotel Properties, Inc. ( INN ) will begin trading ex-dividend on February 11, 2013. A cash dividend payment of $0.1125 per share is scheduled to be paid on February 28, 2013. Shareholders who purchased INN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that INN has paid the same dividend.
The previous trading day's last sale of INN was $9.37, representing a -7.78% decrease from the 52 week high of $10.16 and a 26.62% increase over the 52 week low of $7.40.
INN is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). INN's current earnings per share, an indicator of a company's profitability, is -$.2. Zacks Investment Research reports INN's forecasted earnings growth in 2012 as 10%, compared to an industry average of 8.6%.
For more information on the declaration, record and payment dates, visit the INN Dividend History page.