Humphrey Hospitality Trust, Inc. (The Nasdaq Stock Market: HUMP) today announced the monthly dividend payment schedule for October 1999 to December 1999 as follows:
Declared for Shareholders of Record 10/21/1999
Declared for Shareholders of Record 11/30/1999
Declared for Shareholders of Record 12/31/1999
The monthly dividend will be paid at the rate of $.075 per share which represents an annualized rate of $.90 per share.
Humphrey Hospitality Trust, Inc. is a self-advised real estate investment trust headquartered in Silver Spring, Maryland, which owns twenty-five hotels located in nine eastern states. Humphrey Hospitality Trust recently announced that its shareholders have approved a merger agreement with Supertel Hospitality, Inc. (Nasdaq/National Market: SPPR). After the merger, which is expected to close before October 31, 1999, the combined company will own 88 hotels in 19 mid-western and eastern states.
Forward-looking statements in this news release, if any, are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors that could cause results to differ materially from those anticipated by the forward-looking statements are discussed from time to time in reports filed with the Securities and Exchange Commission.