Inactive Instrument

Chesapeake Lodging Trust

Equities

CHSP

Chesapeake Lodging Trust : Declares Dividend for the Third Quarter

September 18, 2017 at 04:29 pm EDT

ARLINGTON, Va.--(BUSINESS WIRE)--Sep. 18, 2017-- 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 October 13, 2017 to shareholders of record at the close of business on September 29, 2017. The dividend represents a 6.2% annualized yield based on the closing price of the Trust's common shares on September 15, 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.

View source version on businesswire.com:http://www.businesswire.com/news/home/20170918006252/en/

Source: Chesapeake Lodging Trust

Chesapeake Lodging Trust
Douglas W. Vicari (571) 349-9452

CLT - Chesapeake Lodging Trust published this content on 18 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 September 2017 20:28:09 UTC.

Original documenthttp://www.chesapeakelodgingtrust.com/phoenix.zhtml?c=233098&p=irol-newsArticle&ID=2301340

Public permalinkhttp://www.publicnow.com/view/38AAD8A1237EACBB3C8CAFBEC3D700DD5B8EFDC0

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Company Profile

Chesapeake Lodging Trust is a real estate investment trust. The Company is focused on investments primarily in upper-upscale hotels in various business and convention markets and, on a selective basis, select-service hotels in urban settings or other locations in the United States. The Company operates through the hotel ownership segment. The Company conducts its operations primarily though Chesapeake Lodging, L.P., its operating partnership (the Operating Partnership). The Company owns approximately 20 hotels with an aggregate of 6,288 rooms in seven states and the District of Columbia. The Company's portfolio includes Hyatt Regency Boston; Hilton Checkers Los Angeles; Boston Marriott Newton; Le Meridien San Francisco; Homewood Suites Seattle Convention Center; Hotel Indigo San Diego Gaslamp Quarter; Courtyard Washington Capitol Hill/Navy Yard; Hotel Adagio San Francisco, Autograph Collection; Denver Marriott City Center, and Hyatt Regency Mission Bay Spa and Marina.

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