Summit Hotel Properties Dividends and Buybacks
Dividend criteria checks 4/6
Summit Hotel Properties is a dividend paying company with a current yield of 4.69% that is well covered by earnings.
Key information
4.7%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | -3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.320 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Summit Hotel Properties: Swapping A 6.96% Yield For A 7.44% Yield
Oct 25Summit Hotel Properties: I Am Still Long The 7.4% Preferred Shares
May 26Summit Hotel Properties Offers 7.4% On Its Preferred Shares
Mar 05Summit Hotel: Collect 8.4% Yield On The Preferred Stock
Dec 10Summit Hotel Properties: A Lot Of Debt
Nov 27Summit Hotel Properties: Well-Covered Dividends; Attractive Valuation
Aug 09Summit Hotel Properties: Post-Pandemic Recovery Continues
May 26Summit Hotel declares $0.3906 dividend
Jan 26Summit Hotel declares $0.3906 dividend
Oct 28Summit Hotel goes ex-dividend tomorrow
Aug 15Summit Hotel FFO of $0.27 misses by $0.02, revenue of $183.2M beats by $13.47M
Aug 02I'm Adding To My 6.5% Yielding Preferred Securities Of Summit Hotel Properties
Feb 23Summit Hotel joint venture to acquire Steamboat Springs hotel for $33M
Jun 07Summit Hotel FFO beats by $0.01, misses on revenue
May 04Summit Hotel Properties (NYSE:INN) Share Prices Have Dropped 30% In The Last Three Years
Feb 19
Summit Hotel Properties climbs amid short squeeze enthusiasm
Feb 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: INN's dividend payments have been volatile in the past 10 years.
Growing Dividend: INN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Summit Hotel Properties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INN) | 4.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Hotel and Resort REITs) | 5.0% |
| Analyst forecast (INN) (up to 3 years) | 4.9% |
Notable Dividend: INN's dividend (4.69%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: INN's dividend (4.69%) is in the top 25% of dividend payers in the US market (4.5%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), INN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.2%), INN's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:15 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Summit Hotel Properties, Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Bellisario | Baird |
| Mark Lutenski | BMO Capital Markets U.S. (Historical) |
| Dany Asad | BofA Global Research |