Chatham Lodging Trust (NYSE:CLDT – Get Free Report) announced a quarterly dividend on Monday, March 3rd, RTT News reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.02 per share by the real estate investment trust on Tuesday, April 15th. This represents a $0.08 annualized dividend and a dividend yield of 0.98%.
Chatham Lodging Trust Trading Up 0.7 %
Shares of NYSE CLDT opened at $8.14 on Tuesday. Chatham Lodging Trust has a 1 year low of $7.60 and a 1 year high of $10.46. The stock has a market cap of $398.66 million, a P/E ratio of -35.39 and a beta of 1.80. The firm has a 50-day moving average of $8.68 and a 200 day moving average of $8.69. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.96 and a quick ratio of 0.96.
Wall Street Analyst Weigh In
Separately, Alliance Global Partners began coverage on shares of Chatham Lodging Trust in a research report on Wednesday, December 11th. They set a “buy” rating and a $12.00 price target for the company.
About Chatham Lodging Trust
Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. The company owns 39 hotels totaling 5,915 rooms/suites in 16 states and the District of Columbia.
See Also
- Five stocks we like better than Chatham Lodging Trust
- Breakout Stocks: What They Are and How to Identify Them
- Warren Buffett Sold ULTA Stock—But Should You?
- Investing In Automotive Stocks
- 3 Actively Managed ETFs Outperforming Despite Their Higher Fees
- NYSE Stocks Give Investors a Variety of Quality Options
- Monster Beverage: Monster Upside or a Risky Buy?
Receive News & Ratings for Chatham Lodging Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chatham Lodging Trust and related companies with MarketBeat.com's FREE daily email newsletter.
