InnSuites Hospitality Trust (IHT) Declares $0.01 Annual Dividend; 0.6% Yield

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Innsuites Hospitality Trust (iht) Doubles Dividend

December 8, 2017 5:34 PM EST

Phoenix, AZ, Dec. 08, 2017 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT)

The Board of Trustees of InnSuites Hospitality Trust (IHT) declared a dividend of $0.01 per share payable on January 31, 2018 to shareholders of record as of December 20, 2017 continuing an uninterrupted 47-year annual dividend record since the formation of the Trust in 1971. IHT has initiated semiannual dividends as of July 31, 2017 of one cent each 6 months effectively doubling the prior annual dividend rate.

The IHT Board of Trustees thanks and congratulates Pamela Barnhill, IHTs President and COO, who has been recently recognized in the... More