Ashford Hospitality Prime (AHP) Declares $0.12 Quarterly Dividend; 3.5% Yield

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Ashford Prime Declares Dividends For Second Quarter Of 2016

June 14, 2016 2:10 PM EDT

DALLAS, June 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 $0.12 per diluted share for the Company's common stock for the second quarter ending June 30, 2016.  The dividend, which equates to an annual rate of $0.48 per share, is payable on July 15, 2016, to shareholders of record as of June 30, 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 second quarter ending June... More