Chatham Lodging Announces First Monthly Dividend
Friday January 11th, 2013 - 10:07AM X
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
PALM BEACH, FL—The board of trustees of Chatham Lodging Trust, a hotel real estate investment trust based here, has declared the company’s first monthly dividend payment.
A monthly common share dividend of $0.07 for January 2013 is payable February 22, 2013, to shareholders of record on January 31, 2013.
Tags: • Hospitality • Quarterly Results •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.