Chatham lodging trust reinstates common dividend, declares preferred dividend

West palm beach, fla.--( business wire )--chatham lodging trust (nyse: cldt), a lodging real estate investment trust (reit) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 39 hotels, today announced that it has reinstated a fourth quarter common dividend, its first since early 2020. chatham announced that its board of trustees declared a common share dividend of $0.07 per common share, as well as a preferred share dividend of $0.41406 per share, payable on january 17, 2023, to shareholders of record as of december 30, 2022.
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