Ashford Hospitality Prime (AHP) Declares $0.16 Quarterly Dividend, 6.9% Yield; Offers 2018 Dividend Guidance

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Ashford Prime Declares Dividends For Fourth Quarter Of 2017 And Issues Guidance For 2018 Dividends

December 11, 2017 8:00 AM EST

DALLAS, Dec. 11, 2017 /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 $0.16 per diluted share for the Company's common stock for the fourth quarter ending December 31, 2017.  The dividend, which equates to an annual rate of $0.64 per share, is payable on January 16, 2018, to shareholders of record as of December 29, 2017.

The Board also approved the Company's dividend policy for 2018.  The Company expects to pay a quarterly cash dividend of $0.16 per share for 2018, or $0.64 per share on an annualized basis.... More