Dividends Declared and Paid

9 Months Ended

Sep. 30, 2021

Common Dividends

The Company suspended common dividends beginning after the payment of the March 27, 2020 dividend due to a decline in operating performance caused by the COVID-19 pandemic. During the three months ended March 31, 2020, the Company declared total common share dividends of $0.22 per share and distributions on LTIP units of $0.22 per unit. There were no common share dividends declared during the three and nine months ended September 30, 2021. The common share dividends and distributions paid during the three months ended March 31, 2020 were as follows:


	Record Date	Payment Date	Common share distribution amount		LTIP unit distribution amount
January	1/31/2020	2/28/2020	$	0.11	$	0.11
February	2/28/2020	3/27/2020	0.11		0.11

1st Quarter 2020			$	0.22	$	0.22











Total 2020			$	0.22	$	0.22

Preferred Dividends

In September 2021, Chatham declared a dividend of $0.48307 per share of 6.625% Series A Cumulative Redeemable Preferred Shares payable on October 15, 2021 to shareholders of record as of September 30, 2021.