Chesapeake Lodging Trust (NYSE:CHSP) Updates On Quarterly Dividend


As per Chesapeake Lodging Trust (NYSE:CHSP) statement on 2016-05-18, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.4 per share as dividend to stakeholders. The record date is set as 2016-06-30, the payout date as 2016-07-15 and the ex-dividend date is 2016-06-28.

Last fiscal Chesapeake Lodging Trust (NYSE:CHSP) disbursed cash dividend of $0.4. A year ago, the payout was $0.4, which indicates a difference of 25%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.4, implying 30.2586% growth.

For the period ended on 2015-12-31, Chesapeake Lodging Trust (NYSE:CHSP)’s earnings came at $0.75 per share compared to EPS of $0.73 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-07. For this quarter, the analysts have earnings estimate of $0.75 per share.

The interim price target for Chesapeake Lodging Trust (NYSE:CHSP) is set at $23.666. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Chesapeake Lodging Trust (NYSE:CHSP) is seen at $29 and the lowest level is established at $14. This broad range highlights a standard deviation of $5.202 in reported estimates.

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