Summit Hotel Properties, Inc. ( INN ) will begin trading ex-dividend on May 15, 2018. A cash dividend payment of $0.18 per share is scheduled to be paid on May 31, 2018. Shareholders who purchased INN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.88% increase over prior dividend payment. At the current stock price of $14.84, the dividend yield is 4.85%.
The previous trading day's last sale of INN was $14.84, representing a -23.47% decrease from the 52 week high of $19.39 and a 16.21% increase over the 52 week low of $12.77.
INN is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). INN's current earnings per share, an indicator of a company's profitability, is $.5. Zacks Investment Research reports INN's forecasted earnings growth in 2018 as .19%, compared to an industry average of 2.3%.
Interested in gaining exposure to INN through an Exchange Traded Fund [ETF]?
The following ETF(s) have INN as a top-10 holding:
- Hartford Multifactor REIT ETF ( RORE ).
The top-performing ETF of this group is RORE with an decrease of -7.81% over the last 100 days. It also has the highest percent weighting of INN at 2.16%.