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Chatham Lodging Declares Monthly Dividend

Wednesday April 10th, 2013 - 10:07AM

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.