Chatham Lodging Trust (REIT) ( CLDT ) will begin trading ex-dividend on September 28, 2016. A cash dividend payment of $0.11 per share is scheduled to be paid on October 28, 2016. Shareholders who purchased CLDT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that CLDT has paid the same dividend. At the current stock price of $19.65, the dividend yield is 6.72%.
The previous trading day's last sale of CLDT was $19.65, representing a -20.77% decrease from the 52 week high of $24.80 and a 21.9% increase over the 52 week low of $16.12.
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 $.88. Zacks Investment Research reports CLDT's forecasted earnings growth in 2016 as .55%, compared to an industry average of 3.3%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.