Chesapeake Lodging Trust Declares Dividend for the Fourth Quarter
December 18 2017 - 10:15AM
Business Wire
Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”) announced
today that its board of trustees has declared a quarterly dividend
payment of $0.40 per common share. The dividend will be paid on
January 12, 2018 to shareholders of record at the close of business
on December 29, 2017. The dividend represents a 5.7% annualized
yield based on the closing price of the Trust’s common shares on
December 15, 2017.
ABOUT CHESAPEAKE LODGING TRUST
Chesapeake Lodging Trust is a self-advised lodging real estate
investment trust (REIT) focused on investments primarily in
upper-upscale hotels in major business and convention markets and,
on a selective basis, premium select-service hotels in urban
settings or unique locations in the United States. The Trust owns
21 hotels with an aggregate of 6,472 rooms in eight states and the
District of Columbia. Additional information can be found on the
Trust’s website at www.chesapeakelodgingtrust.com.
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Chesapeake Lodging TrustDouglas W. Vicari, 571-349-9452
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