Summit Hotel Properties Sets Third Quarter Dividends

The Board of Directors also authorized payments for preferred shareholders, 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. Additionally, holders of the operating partnership’s 5.25% Series Z Cumulative Perpetual Preferred Units will receive $0.328125 per unit. All dividends are scheduled for payment on November 30, 2026, to shareholders of record as of November 16, 2026.

Summit Hotel Properties currently manages 92 assets across 24 states, totaling 14,027 guestrooms. The company maintains a primary focus on upscale, premium-branded lodging properties. These declarations reflect the firm's ongoing commitment to its current capital structure and operating partnership obligations.