Extended Stay America (STAY) Tops Q1 EPS by 1c, Offers FY15 Guidance

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Extended Stay America Announces Distributions for First Quarter 2015

April 30, 2015 7:05 AM EDT

Increases Distribution by 13.3% to $0.17 per Paired Share

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Extended Stay America, Inc.s (NYSE: STAY) (the Companys) subsidiary, ESH Hospitality, Inc., today announced that its Board of Directors has declared a cash distribution of $0.15 per share for the first quarter of 2015, payable to ESH Hospitality, Inc.s Class A and Class B common shareholders. Additionally, the Board of Directors of Extended Stay America, Inc. has declared a cash distribution of $0.02 per share for the first quarter of 2015, payable to Extended Stay America, Inc.s common shareholders.... More