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Stock impact report

Chatham Completes Substantial Acquisition, Increases Dividend 11 Percent

Chatham Lodging Trust (REIT) Common Shares of Beneficial Interest (CLDT) 
Last chatham lodging trust (reit) common shares of beneficial interest earnings: 2/26 06:30 am Check Earnings Report
Company Research Source: Business Wire
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Trust (NYSE: CLDT) today announced the acquisition of six hotels comprising 589 rooms for $92 million, or approximately $156,000 per room. Additionally, the company increased its quarterly common dividend by 11 percent to $0.10 per share, the second consecutive year of double digit increases to its common share dividend.Dividend UpdateChatham’s board of trustees declared both its quarterly common and preferred dividends. The $0.10 per share common dividend and preferred share dividend of $0.41406 per preferred share are payable on April 15, 2026, to shareholders of record as of March 31, 2026.Jeffrey H. Fisher, Chatham’s president and chief executive officer, highlighted, “We are proud of the job we’ve done over the past few years repositioning the company for growth. The combination of historically low new supply growth, record amounts of new investments in technology, especially with respect to artificial intelligence, and Show less Read more
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