dividend
confidence high
sentiment neutral
materiality 0.30
Procaccianti Hotel REIT board authorizes Q4 2023 distributions of $932K across stock and OP units
PROCACCIANTI HOTEL REIT, INC.
- Board authorized $689,607 on K Shares, $240,782 on K-I Shares, $1,817 on K-T Shares for Q4 2023.
- Class K OP Unit distribution of $22,606 authorized for Affiliate Sellers of Hilton Garden Inn property.
- Accrual rate of 7% per annum for all share classes and OP units.
- Record date as of December 31, 2023; distributions from legally available funds.