dividend
confidence high
sentiment neutral
materiality 0.25
Procaccianti Hotel REIT authorizes Q4 2022 distributions at 7% annual rate
PROCACCIANTI HOTEL REIT, INC.
- Board authorized $690,862 distribution for K Shares, $236,904 for K-I Shares, and $7,877 for K-T Shares.
- Class K OP unit holders of Hilton Garden Inn Providence receive $22,606 distribution.
- All distributions accrue at $0.001917808 per share/unit per day (7% per annum).
- Payments from legally available funds to holders of record as of December 31, 2022.