CorePoint Lodging Inc. (CPLG)

[Enterprising Investor]

CorePoint Lodging Inc. Announces Second Quarter 2018 Dividend (8/07/18)

IRVING, Texas, Aug. 07, 2018 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”) announced today that its Board of Directors declared a cash dividend of $0.067 per share of common stock with respect to the second quarter of 2018, which represents an anticipated regular quarterly dividend of $0.200 per share of common stock pro rated for the period of the completion of CorePoint’s spin-off from La Quinta Holdings Inc. on May 30, 2018 through the last day of the second quarter of 2018. This dividend is payable on September 14, 2018 to stockholders of record as of the close of business on August 30, 2018.

About CorePoint

CorePoint Lodging Inc. is the only pure-play publicly-traded U.S. lodging REIT strategically focused on the ownership of midscale and upper-midscale select-service hotels. CorePoint owns a geographically diverse portfolio of 316 hotels and more than 40,000 rooms across 41 states in attractive locations primarily in or near employment centers, airports and major travel thoroughfares. The portfolio consists of all La Quinta branded hotels, except for one Baymont branded hotel. For more information, please visit CorePoint’s website at www.corepoint.com.

https://www.nasdaq.com/press-release/corepoint-lodging-inc-announces-second-quarter-2018-dividend-20180807-01364