10 Updates

INN Dividend Yield Pushes Above 5%

Jan 10 2014, 2:55pm CST | by

Looking at the universe of stocks we cover at Dividend Channel , in trading on Friday, shares of Summit Hotel Properties Inc (NYSE: INN ) were yielding above the 5% mark based on its quarterly...

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27 weeks ago

INN Dividend Yield Pushes Above 5%

Jan 10 2014, 2:55pm CST | by

Looking at the universe of stocks we cover at Dividend Channel , in trading on Friday, shares of Summit Hotel Properties Inc (NYSE: INN ) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.45), with the stock changing hands as low as $8.89 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 5% would appear considerably attractive if that yield is sustainable. Summit Hotel Properties Inc (NYSE: INN ) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Summit Hotel Properties Inc, looking at the history chart for INN below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.

Click here to find out which 9 other dividend stocks just recently went on sale, at DividendChannel.com »


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According to the ETF Finder at ETFChannel.com, INN makes up 2.75% of the KBW Premium Yield Equity REIT Portfolio ETF (AMEX: KBWY ) which is trading higher by about 0.9% on the day Friday.

Source: Forbes Business

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Update
10

6 weeks ago

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Update
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Update
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KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Ser ...
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Update
6

6 weeks ago

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Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

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Update
5

6 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

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Update
4

6 weeks ago

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KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustap ...
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Update
3

7 weeks ago

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Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

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Update
1

7 weeks ago

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PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara Skyw ...
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