Humphrey Hospitality Trust, Inc. (The Nasdaq Stock Market: HUMP) today announced that its board of directors had declared a monthly cash dividend payment schedule for January 2000 to March 2000 as follows:
Declared for Shareholders of Record 01/31/2000 Paydate 02/29/2000
Declared for Shareholders of Record 02/29/2000
Declared for Shareholders of Record 03/31/2000
The monthly dividend will be paid at the rate of $.075 per share, which represents an annualized rate of $.90 per share. Based on Friday`s closing stock price of $6.875 (or 6 7/8), the annualized dividend yield is 13.1 percent.
Humphrey Hospitality Trust, Inc. is a self-advised real estate investment trust headquartered in Silver Spring, Maryland, which owns 88 hotels located in 19 states.