Chatham's Preferred Shares Pay 6.625% Like Clockwork. The Interesting Part Is What's Underneath.
Chatham Lodging Trust's preferred dividend is doing exactly what preferred dividends do... nothing surprising. But the Q1 2026 numbers underneath it tell a more useful story about what's actually working in upscale select-service right now, and what that 135-basis-point margin expansion means for operators watching their own expense lines creep.