SmarterDividends
INN

Summit Hotel Properties, Inc.

INN

Real Estate · REIT - Hotel & Motel · Stock · quarterly payer

$6.54

Overvalued · -46% Add to Portfolio

Forward Yield

4.89%

Annual Dividend

$0.32

Payout Ratio

200%

5-Yr Growth

-15.0%

Ex-Date

Aug 17, 2026

Frequency

Quarterly

Key facts about INN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Summit Hotel Properties, Inc. (INN) has a forward dividend yield of 4.89%, based on an annual dividend of $0.32 per share and a share price of $6.54.
  • As of Oct 18, 2026, INN's dividend safety grade from SmarterDividends is D (46 out of 100), which rates the dividend as unsafe.
  • By SmarterDividends' count, Summit Hotel Properties, Inc. (INN) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
  • INN last cut its regular dividend in 2023.
  • INN's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.0800 per share.
  • As of Oct 18, 2026, INN pays out 200% of its trailing 12-month earnings as dividends (its payout ratio).
  • INN's dividend has shrunk at an average rate of 15.0% a year over the past five years.
  • As of Oct 18, 2026, INN's 4.89% yield is 31% above its five-year average yield of 3.74%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for INN is $3.53 per share, 46% below the $6.54 share price, so INN screens as overvalued.
  • Summit Hotel Properties, Inc. (INN) pays its dividend quarterly, 4 times a year.
  • Summit Hotel Properties, Inc. (INN) has raised its regular dividend 7 times and cut it 0 times across the 47 payments on record since 2011. Its most recent change was a 33.3% increase to $0.0800 per share, going ex-dividend on May 16, 2024.
Cite this page

SmarterDividends, "INN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/INN

Summary

As of Oct 18, 2026, Summit Hotel Properties, Inc. (INN) yields 4.89% ($0.32 a year per share), has a dividend safety grade of D (46/100) and has 3 consecutive years of dividend increases on record.

Is INN a good dividend stock?

Mixed

Summit Hotel Properties, Inc. (INN) pays a quarterly dividend yielding 4.89% ($0.32/yr), with 3 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (200%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    4.89%
    Payout Ratio
    200%
    Annual Dividend
    $0.32
    5-Yr Avg Growth
    -15.0%
    Ex-Dividend Date
    Aug 17, 2026
    Years of Growth
    3
    Frequency
    quarterly
    Beta
    1.26
    Market Cap
    $705.4M
    P/E Ratio
    —
    5-Yr Total Return
    -27%
    52-Week Range
    $3.98 – $7.17
    Dividend Safety
    D · 46/100
    Ever Cut?
    Yes (2023)

    INN dividend raises and cuts

    Summit Hotel Properties, Inc. (INN) has raised its regular dividend 7 times and cut it 0 times across the 47 payments on record since 2011. Its most recent change was a 33.3% increase to $0.0800 per share, going ex-dividend on May 16, 2024.

    Ex-dateChangeOld → newMove
    May 16, 2024Raise$0.0600 → $0.0800+33.3%
    May 16, 2023Raise$0.0400 → $0.0600+50.0%
    Feb 15, 2018Raise$0.170 → $0.180+5.9%
    May 12, 2017Raise$0.163 → $0.170+4.3%
    Feb 10, 2017Raise$0.117 → $0.163+39.3%
    Aug 13, 2014Raise$0.113 → $0.118+4.4%
    Aug 18, 2011Raise$0.0560 → $0.113+101.8%
    Every INN payment →Download every raise and cut (CSV)
    INN ex-dividend date & scheduleNext ex-date Aug 17, 2026 · full ex-dividend historyView →INN dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is INN a good dividend stock?

    Mixed. Summit Hotel Properties, Inc. (INN) pays a quarterly dividend yielding 4.89% ($0.32/yr), with 3 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is INN undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, INN's fair value is about $3.53 versus a $6.54 share price — so it looks overvalued (-46% vs. fair value).

    Is INN's dividend safe?

    INN has a dividend-safety grade of D (46/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is INN's fair value?

    Our blended fair-value estimate for INN is about $3.53 per share, about 46% below the current $6.54 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is INN a buy, hold, or sell?

    We don't issue formal ratings, but on the data INN screens as "mixed" and overvalued. Summit Hotel Properties, Inc. (INN) pays a quarterly dividend yielding 4.89% ($0.32/yr), with 3 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will INN cut its dividend?

    INN earns a dividend-safety grade of D (46/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does INN pay a dividend?

    Yes. Summit Hotel Properties, Inc. pays a quarterly dividend of about $0.32 per share annually, a forward yield of roughly 4.89%.

    What is INN's dividend yield?

    As of Oct 18, 2026, INN's forward dividend yield is 4.89%, based on a $0.32 annual dividend and a $6.54 share price.

    What is INN's dividend per share?

    As of Oct 18, 2026, INN pays $0.32 per share per year, distributed on a quarterly basis.

    What is INN's dividend payout ratio?

    As of Oct 18, 2026, INN's payout ratio is 200% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has INN grown its dividend?

    As of Oct 18, 2026, INN has increased its dividend for 3 consecutive years.

    When is the next INN ex-dividend date?

    As of Oct 18, 2026, INN's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.0800 per share.

    Income Calculator

    At $0.32 / yr per share

    Per payment (quarterly)$8.00
    Annual$32.00
    Monthly avg$2.67

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