dividend
confidence high
sentiment neutral
materiality 0.20
Procaccianti Hotel REIT authorizes $944K in Q2 2023 distributions at 7% annual rate
PROCACCIANTI HOTEL REIT, INC.
- Board authorized Q2 2023 distributions totaling $944,307 across K, K-I, K-T shares and Class K OP units.
- Accrual rate of $0.001917808 per share per day, reflecting 7% per annum under the charter.
- Record date for distributions was June 30, 2023.