Chesapeake Lodging Trust Declares Dividends for the First Quarter
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 April 14, 2017 to shareholders of record at the close of business
on March 31, 2017. The dividend represents a 6.6% annualized yield based on the closing price of the Trust’s common shares on March
16, 2017.
The Trust also announced that its board of trustees has declared a quarterly dividend payment of $0.484375 per share of the
Trust’s 7.75% Series A Cumulative Redeemable Preferred Shares. The dividend will be paid on April 14, 2017 to shareholders of
record at the close of business on March 31, 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 22 hotels with an aggregate of 6,694 rooms in nine states and the
District of Columbia. Additional information can be found on the Trust’s website at www.chesapeakelodgingtrust.com.
Chesapeake Lodging Trust
Douglas W. Vicari, 410-972-4142
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