NORFOLK, NE – Sept. 9, 2008 – Supertel Hospitality, Inc. (NASDAQ: SPPR), a self-administered real estate investment trust, today announced that its board of directors has declared a cash dividend to its common stock shareholders for the 2008 third quarter.A dividend of $0.12¾ per share will be distributed on October 31, 2008 to common shareholders of record on September 30, 2008.
The payment is equal to the 2008 second quarter dividend and is an increase of $0.0025 from the $0.12½ dividend paid for the same period a year earlier.
Supertel Hospitality, Inc. specializes in limited-service lodging. The company owns 125 hotels in 24 states.
Contacts:
Donavon A. Heimes, Supertel Hospitality Chief financial officer, 402.371.2520
Donavon A. Heimes, Supertel Hospitality Chief financial officer, 402.371.2520
Jerry Daly, Carol McCune, Daly Gray, (Media contact), 703.435.6293, jerry@dalygray.com
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