Extended Stay America (STAY) Declares $0.04 Quarterly Dividend; 0.9% Yield

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Extended Stay America Announces Distributions for Fourth Quarter 2016

February 28, 2017 6:40 AM EST

- Distribution of $0.19 per Paired Share -

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Extended Stay America, Inc. (NYSE: STAY) and its subsidiary, ESH Hospitality, Inc., today announced that their Boards of Directors have declared a combined cash distribution of $0.19 per Paired Share for the fourth quarter of 2016. This includes a distribution of $0.15 per share payable to ESH Hospitality, Inc.s Class A and Class B common shareholders and a distribution of $0.04 per share payable to Extended Stay America, Inc.s common shareholders. These distributions will be payable on March 28, 2017 to shareholders of record as of March 14,... More