Ashford Hospitality Prime (AHP) Declares $0.12 Quarterly Dividend; 3.3% Yield

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Ashford Prime Declares Dividends For Fourth Quarter Of 2016 And Issues Guidance For 2017 Dividends

December 12, 2016 8:00 AM EST

DALLAS, Dec. 12, 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 fourth quarter ending December 31, 2016.  The dividend, which equates to an annual rate of $0.48 per share, is payable on January 17, 2017, to shareholders of record as of December 30, 2016.

The Board also approved the Company's dividend policy for 2017.  The Company expects to pay a quarterly cash dividend of $0.12 per share for 2017, or $0.48 per... More