Summit Hotel Properties Dividend
Summit Hotel Properties Dividend history 13 years & estimates 2024 to 2026
Dividend Analysis of the Summit Hotel Properties Stock
| Current dividend yield | 2.9 % |
| Dividendenrendite 5 Jahre | 1.49 % |
| Dividend Yield 10Y | 9.14 % |
| Payout 3Y | 9.38 % |
When does Summit Hotel Properties pay a dividend?
The Summit Hotel Properties stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Summit Hotel Properties stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Summit Hotel Properties are distributed via February, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.08
$0.08
|
Aug 16 2024
Aug 16 2024
Aug 30 2024
Aug 16 24
Aug 30 24 |
Aug 30 2024 |
quarterly
quarterly
|
| 2024 |
$0.08
$0.08
|
May 16 2024
May 16 2024
May 31 2024
May 16 24
May 31 24 |
May 31 2024 |
quarterly
quarterly
|
| 2024 |
$0.06
$0.06
|
Feb 14 2024
Feb 14 2024
Feb 29 2024
Feb 14 24
Feb 29 24 |
Feb 29 2024 |
quarterly
quarterly
|
| 2023 |
$0.06
$0.06
|
Nov 15 2023
Nov 15 2023
Nov 30 2023
Nov 15 23
Nov 30 23 |
Nov 30 2023 |
quarterly
quarterly
|
| 2023 |
$0.06
$0.06
|
Aug 16 2023
Aug 16 2023
Aug 31 2023
Aug 16 23
Aug 31 23 |
Aug 31 2023 |
quarterly
quarterly
|
| 2023 |
$0.06
$0.06
|
May 16 2023
May 16 2023
May 31 2023
May 16 23
May 31 23 |
May 31 2023 |
quarterly
quarterly
|
| 2023 |
$0.04
$0.04
|
Feb 13 2023
Feb 13 2023
Feb 28 2023
Feb 13 23
Feb 28 23 |
Feb 28 2023 |
quarterly
quarterly
|
| 2022 |
$0.04
$0.04
|
Nov 15 2022
Nov 15 2022
Nov 30 2022
Nov 15 22
Nov 30 22 |
Nov 30 2022 |
quarterly
quarterly
|
| 2022 |
$0.04
$0.04
|
Aug 16 2022
Aug 16 2022
Aug 31 2022
Aug 16 22
Aug 31 22 |
Aug 31 2022 |
quarterly
quarterly
|
| 2020 |
$0.085574
$0.09
|
Feb 13 2020
Feb 13 2020
Feb 28 2020
Feb 13 20
Feb 28 20 |
Feb 28 2020 |
quarterly
quarterly
|
How much dividend does Summit Hotel Properties pay?
Summit Hotel Properties most recently paid a dividend of $0.08. Summit Hotel Properties paid a Dividend of $0.22 Per Share in the financial year 2023. With a stock price of $6.39 at Sep 06 2024, the current dividend yield is 3.44% (calculation: $0.22 / $6.39 = 3.44%). No special dividend was paid.
What is the Summit Hotel Properties Dividend Yield and payout ratio?
The average Summit Hotel Properties dividend yield over the last 5 years is 2.77% and the average over the last 10 years is 3.73%.
The payout ratio of Summit Hotel Properties in relation to the last financial year is -81.48%. The payout ratio smoothed over 3 years is -24.39%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Summit Hotel Properties |
|---|---|
| Current dividend yield | 3.44% |
| Dividend Yield 5Y | 2.77% |
| Dividend Yield 10Y | 3.73% |
| Payout 1Y | -81.48% |
| Payout 3Y | -24.39% |
Is the Summit Hotel Properties dividend safe? Continuity & Dividend Growth
Is the Summit Hotel Properties dividend safe?
Summit Hotel Properties has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 175.00%. The average Summit Hotel Properties Dividend Growth over the last 5 years is -21.11%. The average for the last 10 years is -6.91%.
| Metric | Summit Hotel Properties |
|---|---|
| Increased | 2 Years |
| Continuity | 2 Years |
| Paid | 2 Years |
| Growth 1Y | 175.00% |
| Growth 5Y | -21.11% |
| Growth 10Y | -6.91% |
Continuity
Summit Hotel Properties has been paying a dividend for 2 years and has not lowered the dividend for 2 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 175.00%. The average Summit Hotel Properties Dividend Growth over the last 5 years is -21.11%. The average for the last 10 years is -6.91%.
Summit Hotel Properties Stock Forecast 2024
On the stock exchange, the Summit Hotel Properties stock (ISIN: US8660821005) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Summit Hotel Properties -4.91% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Summit Hotel Properties stock price in real time at the top of the page.
Summit Hotel Properties (symbol: INN) is valued at a Price / Earnings Ratio (P/E ratio) of -21,300.00 and a price/sales ratio (P/S ratio) of 0.93 valued. Based on analyst estimates, the Summit Hotel Properties stock forecast 2024 of the current financial year corresponds to a valuation of 42.60 according to P/E ratio and 0.94 according to P/S.
| Metric | Summit Hotel Properties |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
4.91%
|
| P/E TTM | -21,300.00 |
| P/S TTM | 0.93 |
| P/E forward | 42.60 |
| P/S forward | 0.94 |
Summit Hotel Properties (symbol: INN) is valued at a Price / Earnings Ratio (P/E ratio) of -21,300.00 and a price/sales ratio (P/S ratio) of 0.93 valued. Based on analyst estimates, the Summit Hotel Properties stock forecast 2024 of the current financial year corresponds to a valuation of 42.60 according to P/E ratio and 0.94 according to P/S.
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