MHI Hospitality Corporation Declares Dividend for First Quarter 2012
February 07 2012 - 9:00AM
Business Wire
MHI Hospitality Corporation (NASDAQ: MDH) (the
“Company”) today announced that its Board of Directors has declared
a quarterly cash dividend of $0.02 per common share of
beneficial interest for the quarter ending March 31, 2012. The
first quarter dividend will be paid on April 11, 2012 to
shareholders of record as of March 15, 2012.
About MHI Hospitality Corporation
MHI Hospitality Corporation is a self-managed and
self-administered lodging REIT focused on the acquisition,
renovation, upbranding and repositioning of upscale to upper
upscale full-service hotels in the Mid-Atlantic and Southern United
States. Currently, the Company’s portfolio consists of investments
in ten hotel properties, nine of which are wholly-owned and
comprise 2,113 rooms. All of the Company’s wholly-owned properties
operate under the Hilton Worldwide, InterContinental Hotels Group
and Starwood Hotels and Resorts brands. The Company has a 25.0
percent interest in the Crowne Plaza Hollywood Beach Resort. MHI
Hospitality Corporation was organized in 2004 and is headquartered
in Williamsburg, Virginia. For more information please visit
www.mhihospitality.com.
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