Chesapeake Lodging Trust 6.25M share Spot Secondary priced at $20.75 The deal size was increased to 7.25M shares from 6.25M shares and priced between the $20.50-$21.00 range. JPMorgan, Deutsche Bank, Wells Fargo and RBC Capital acted as joint book running managers for the offering.
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.