Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded select-service hotels, today announced that its board of trustees has declared a monthly common share dividend of $0.07 for January 2013. This represents the company’s first monthly dividend payment. The common dividend is payable February 22, 2013, to shareholders of record on January 31, 2013.
About Chatham Lodging Trust
Chatham Lodging Trust is a self-advised REIT that was organized to invest in upscale extended-stay hotels and premium-branded, select-service hotels. The company currently owns 19 hotels with an aggregate of 2,536 rooms/suites in 11 states and the District of Columbia and holds a minority investment in a joint venture that owns 55 hotels with 7,282 rooms/suites. Additional information about Chatham may be found at www.chathamlodgingtrust.com.
This press release may contain “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995
about Chatham Lodging Trust, including those statements regarding
acquisitions, capital expenditures, future operating results and the
timing and composition of revenues, among others, and statements
containing words such as “expects,” “believes” or “will,” which indicate
that those statements are forward-looking.
Except for historical
information, the matters discussed in this press release are
forward-looking statements that are subject to certain risks and
uncertainties that could cause the actual results or performance to
differ materially from those discussed in such statements.
risks are discussed in the company’s filings with the Securities and
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