Chatham Lodging Declares Monthly Dividend
Thursday October 10th, 2013 - 10:06AM XH
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PALM BEACH, FL—Chatham Lodging Trust has declared a monthly common share dividend of $0.07 for October 2013.
The common dividend is payable Nov. 29, 2013, to shareholders of record on Oct. 31, 2013.
Chatham Lodging Trust is a self-advised REIT that invests in upscale extended-stay hotels and premium-branded, select-service hotels. The company owns interest in 75 hotels, comprised of 23 hotels it wholly owns and a minority investment in two joint ventures that own 52 hotels.
Tags: Chatham Lodging Trust • monthly dividend • Hospitality • Ownership • Quarterly Results •
For the past few years, the talk of The Lodging Conference in Phoenix had been focused on the economic recovery, solid industry projections and “cautious optimism.” With the word cautious no longer necessary, the economic outlook took a backseat this year to the seemingly unending parade of new lifestyle brands.