SUMMIT HOTEL PROPERTIES DECLARES FOURTH QUARTER 2025 DIVIDENDS

Rhea-AI Summary

Summit Hotel Properties (NYSE: INN) declared cash dividends payable Feb 27, 2026 for holders of record Feb 13, 2026. The Company declared a $0.08 per share common dividend for the fourth quarter ended Dec 31, 2025, which represents an annualized yield of 6.6% based on the Jan 21, 2026 closing price. The Board also declared preferred dividends of $0.390625 per share for 6.25% Series E and $0.3671875 per share for 5.875% Series F for the period ending Feb 28, 2026, and an operating partnership distribution of $0.328125 per unit for Series Z units for the period ending Feb 28, 2026.

Positive

• Common dividend of $0.08 per share for Q4 2025
• Annualized yield of 6.6% based on Jan 21, 2026 close
• Series E preferred dividend of $0.390625 per share for period ending Feb 28, 2026
• Series F preferred dividend of $0.3671875 per share for period ending Feb 28, 2026
• OP Series Z distribution of $0.328125 per unit for period ending Feb 28, 2026

Negative

• None.

AUSTIN, Texas, Jan. 22, 2026 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), announced today that its Board of Directors has authorized, and the Company has declared, a cash dividend for the fourth quarter ended December 31, 2025, of $0.08 per share of common stock of the Company and per common unit of limited partnership interest in Summit Hotel OP, LP, the Company's operating partnership. The Company's fourth quarter common dividend represents an annualized dividend yield of 6.6 percent based on the closing price of shares of the common stock on January 21, 2026.

The Board of Directors has also authorized, and the Company has declared, a cash dividend of $0.390625 per share of the Company's 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending on February 28, 2026, and a cash dividend of $0.3671875 per share of the Company's 5.875% Series F Cumulative Redeemable Preferred Stock for the dividend period ending on February 28, 2026.

Additionally, the Board of Directors has authorized a cash distribution, and the Company has declared on behalf of the operating partnership, distributions of $0.328125 per unit pertaining to the operating partnership's unregistered 5.25% Series Z Cumulative Perpetual Preferred Units for the distribution period ending on February 28, 2026.

The dividends are payable on February 27, 2026, to holders of record as of February 13, 2026.

About Summit Hotel Properties

Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded lodging properties with efficient operating models primarily in the Upscale segment of the lodging industry. As of January 22, 2026, the Company's portfolio consisted of 95 assets, 52 of which are wholly owned, with a total of 14,348 guestrooms located in 24 states.

For additional information, please visit the Company's website, www.shpreit.com, and follow the Company on X, formerly Twitter, at @SummitHotel_INN.

Forward Looking Statements

This press release contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "may," "will," "should," "potential," "intend," "expect," "seek," "anticipate," "estimate," "approximately," "believe," "could," "project," "predict," "forecast," "continue," "plan," "likely," "would" or other similar words or expressions. These forward-looking statements relate to the payment of dividends. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. These forward-looking statements are subject to various risks and uncertainties, not all of which are known to the Company and many of which are beyond the Company's control, which could cause actual results to differ materially from such statements. These risks and uncertainties include, but are not limited to, the state of the U.S. economy, supply and demand in the hotel industry and other factors as are described in greater detail in the Company's filings with the Securities and Exchange Commission, including, without limitation, the Company's Annual Report on Form 10-K for the year ended December 31, 2024. Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Summit Hotel Properties, Inc.

FAQ

What dividend did Summit Hotel Properties (INN) declare for Q4 2025?

The company declared a $0.08 per share cash common dividend for the quarter ended Dec 31, 2025.

When will Summit Hotel Properties (INN) pay the declared dividends?

Dividends are payable on February 27, 2026 to holders of record as of February 13, 2026.

What preferred dividends did INN declare for the period ending February 28, 2026?

INN declared $0.390625 per share for 6.25% Series E and $0.3671875 per share for 5.875% Series F for the period ending Feb 28, 2026.

What distribution did Summit Hotel OP, LP declare for Series Z units for the period ending Feb 28, 2026?

The operating partnership declared a distribution of $0.328125 per unit for Series Z units for the period ending Feb 28, 2026.

How was the 6.6% annualized dividend yield for INN calculated?

The 6.6% annualized yield is based on the closing price of INN common stock on January 21, 2026 as stated by the company.