MHI Hospitality Corporation Declares Dividend for Fourth Quarter 2011
October 20 2011 - 3:00PM
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 December 31, 2011. The
fourth quarter dividend will be paid on January 11, 2012 to
shareholders of record as of December 15, 2011.
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 2,110 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. The
Company also has a leasehold interest in the common area of Shell
Island Resort, a resort condominium property. 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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