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Ashford Hospitality Prime Declares Q1 Dividend

Monday March 17th, 2014 - 9:07AM

DALLAS—Ashford Hospitality Prime, Inc. declared a quarterly cash dividend of $0.05 per diluted share for the company's common stock for the first quarter ending March 31. 

The dividend, which equates to an annual rate of $0.20 per share, is payable on April 15, 2014, to shareholders of record as of March 31. 

Ashford Hospitality Prime is a REIT focused on investing in high RevPAR full-service and urban select-service hotels and resorts located predominantly in domestic and international gateway markets.