Summit Hotel Properties(US:INN) Prnewswireยท2025-08-01 20:30Core Insights - Summit Hotel Properties, Inc. has declared a cash dividend of $0.08 per share for the second quarter ended June 30, 2025, representing an annualized dividend yield of 6.1% based on the closing price on July 31, 2025 [1] - The Company has also declared cash dividends for its preferred stock, including $0.390625 per share for the 6.25% Series E Cumulative Redeemable Preferred Stock and $0.3671875 per share for the 5.875% Series F Cumulative Redeemable Preferred Stock, both for the period ending August 31, 2025 [2] - Additionally, a cash distribution of $0.328125 per unit has been authorized for the operating partnership's unregistered 5.25% Series Z Cumulative Perpetual Preferred Units for the distribution period ending August 31, 2025 [3] Company Overview - Summit Hotel Properties, Inc. is a publicly-traded real estate investment trust focused on owning premium-branded lodging properties primarily in the Upscale segment of the lodging industry [4] - As of July 31, 2025, the Company's portfolio consists of 97 assets, including 53 wholly owned properties, with a total of 14,577 guestrooms located across 25 states [4]