Ashford Hospitality Prime (AHP) Declares $0.16 Quarterly Dividend, 6.9% Yield; Offers 2018 Dividend Guidance

Ashford Hospitality Prime (NYSE: AHP) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.

The dividend will be payable on January 16, 2018, to stockholders of record on December 29, 2017, with an ex-dividend date of December 28, 2017.

The annual yield on the dividend is 6.9 percent.

The Board also approved the Company's dividend policy for 2018. The Company expects to pay a quarterly cash dividend of $0.16 per share for 2018, or $0.64 per share on an annualized basis. The Board will continue to review its dividend policy on a quarter-to-quarter basis. The adoption of a dividend policy does not commit the Board of Directors to declare future dividends or the amount thereof.

For a dividend history and other dividend-related data on Ashford Hospitality Prime (AHP) click here.

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