Chesapeake Lodging reports Q4 preliminary adjusted FFO 41c, consensus 12c Consensus for AFFO/share may not compare. Reports Q4 preliminary revenue $85.1M, consensus $82.39M. Reports Q4 preliminary pro forma RevPAR increase over 2011 of 5.5%.
Chesapeake Lodging increases dividend 17% to 35c Chesapeake Lodging Trust announced that its board of trustees has declared a quarterly dividend payment of 35c per common share. The dividend will be paid on April 15 to shareholders of record at the close of business on March 31. The dividend represents a 3.6% annualized yield based on the closing price of the Trustís common shares on January 23.