United States

Summit Hotel Properties Inc (INN.N)

INN.N on New York Stock Exchange

9 Dec 2016
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$-0.24 (-1.56%)
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Wed, Nov 2 2016

BRIEF-Summit Hotel Properties qtrly adjusted FFO $0.37/diluted share

* Summit Hotel Properties Inc - qtrly adjusted FFO $0.37 per diluted share

BRIEF-Summit Hotel increases quarterly dividend by 23 percent

* Declared, a cash dividend for Q3 ended September 30, 2016, of $0.1625 per share Source text for Eikon: Further company coverage:

BRIEF-Summit Hotel announces redemption of 9.25 pct series A cumulative redeemable preferred stock

* Summit Hotel Properties announces redemption of 9.25 percent series A cumulative redeemable preferred stock

BRIEF-Summit Hotel Properties posts Q2 adj. FFO per share $0.42

* Qtrly same-store REVPAR grew to $117.44, an increase of 6.5 percent over same period in 2015

BRIEF-Summit Hotel Properties prices public offering

* Priced offering of 3 million shares of its 6.45% series D cumulative redeemable preferred stock at price of $25/share

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