Ashford Hospitality Prime (AHP) to Double Dividend
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Ashford Prime Increases Quarterly Dividend Policy
May 13, 2015 8:01 AM EDTDALLAS, May 13, 2015 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today announced that its Board of Directors increased its quarterly cash dividend policy from $0.05 to $0.10 per diluted share for the Company's common stock beginning with the second quarter dividend. This new policy reflects a 100% increase in the common dividend.
Future dividends will be subject to board approval and will continue to be reviewed by the board on a quarter-to-quarter basis. The adoption of a dividend policy does not commit the Board of Directors to declare... More
