Chatham Lodging Declares Monthly Dividend
Wednesday April 10th, 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 (REIT) focused on investing in upscale extended-stay hotels and premium branded select-service hotels, has declared a monthly common share dividend of $0.07 for April 2013. The common dividend is payable May 31, 2013, to shareholders of record on April 30, 2013.
The company owns interests in 74 hotels acquired for approximately $1.5 billion, comprised of 20 hotels it wholly owns and a minority investment in a joint venture that owns 54 hotels.
Tags: • Hospitality • Quarterly Results •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.