Chesapeake Lodging Trust (NYSE:CHSP) announced that its board of trustees has declared a dividend payment of $.20 per common share. The dividend will be paid on October 14, 2011 to shareholders of record at the close of business on September 30, 2011. The dividend represents a 7% annualized yield based on today's closing price.

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 and extended-stay hotels in urban settings or unique locations in the United States.

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