Humphrey Hospitality Trust, Inc. (The Nasdaq Stock Market: HUMP) today announced that its board of directors had declared its monthly cash dividend.
The dividend payment schedule for January 2001 to March 2001 is as follows:
Declared for Shareholders of Record 01/31/2001
Pay date 02/28/2001
Declared for Shareholders of Record 02/28/2001
Pay date 03/30/2001
Declared for Shareholders of Record 03/30/2001
Pay date 04/30/2001
The monthly dividend will be paid at the rate of $.077 per share, which represents an annualized rate of $.924 per share. Based on Tuesday’s, January 9, 2001 closing stock price of $7.25 (or 7 1/4), the annualized dividend yield is 12.7 percent.
Humphrey Hospitality Trust, Inc. is a self-advised real estate investment trust headquartered in Columbia, Maryland, which owns 92 hotels located in 19 states.