Ashford Hospitality Prime (AHP) Declares $0.10 Quarterly Dividend; 3.8% Yield

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Ashford Prime Declares Dividends For First Quarter Of 2016

March 14, 2016 4:15 PM EDT

DALLAS, March 14, 2016 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per diluted share for the Company's common stock for the first quarter ending March 31, 2016.  The dividend, which equates to an annual rate of $0.40 per share, is payable on April 15, 2016, to shareholders of record as of March 31, 2016.

The Board declared a quarterly cash dividend of $0.3438 per diluted share for the Company's 5.5% Series B Cumulative Convertible Preferred Stock for the first quarter ending March... More