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Chesapeake Lodging Trust Declares Dividend for the First Quarter

March 19, 2019

ARLINGTON, Va.--(BUSINESS WIRE)--Mar 19, 2019--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 15, 2019 to shareholders of record at the close of business on March 29, 2019. The dividend represents a 5.5% annualized yield based on the closing price of the Trust’s common shares on March 18, 2019.

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 20 hotels with an aggregate of 6,288 rooms in eight 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:https://www.businesswire.com/news/home/20190319005751/en/

Douglas W. Vicari (571) 349-9452

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK VIRGINIA

INDUSTRY KEYWORD: TRAVEL LODGING REIT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY

SOURCE: Chesapeake Lodging Trust

Copyright Business Wire 2019.

PUB: 03/19/2019 04:15 PM/DISC: 03/19/2019 04:15 PM

http://www.businesswire.com/news/home/20190319005751/en