MHI Hospitality Corporation Announces Second Quarter Dividend
April 28 2008 - 7:00AM
PR Newswire (US)
WILLIAMSBURG, Va., April 28 /PRNewswire-FirstCall/ -- MHI
Hospitality Corporation (NASDAQ:MDH) announced today that its board
of directors has declared a quarterly dividend of $0.17 per share
of common stock payable to shareholders of record on the close of
business Monday, June 16, 2008. The dividend will be paid on
Friday, July 11, 2008. About MHI Hospitality Corporation MHI
Hospitality Corporation is a self-advised lodging REIT focused on
the acquisition, redevelopment and management of mid-scale, upscale
and upper upscale full service hotels in the Mid-Atlantic, Midwest
and Southeastern United States. Currently, the Company's portfolio
consists of eight properties comprising 2,143 rooms, all of which
operate under the Hilton, InterContinental Hotels Group and
Starwood Hotels and Resorts brands. In addition, the Company has a
25 percent interest in the Crowne Plaza Resort Hollywood Beach and
a leasehold interest in the common area of Shell Island Resort, a
resort condominium property. MHI Hospitality Corporation was
organized in 2004 and is listed on the Russell Microcap(TM) Index.
The Company is headquartered in Williamsburg, Virginia. For more
information please visit http://www.mhihospitality.com/.
DATASOURCE: MHI Hospitality Corporation CONTACT: Bill Zaiser, Chief
Financial Officer of MHI Hospitality Corporation, +1-301-220-5400;
or Vicki Baker, General Information, Financial Relations Board,
+1-703-796-1798, for MHI Hospitality Corporation Web site:
http://www.mhihospitality.com/
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