dividend
confidence high
sentiment neutral
materiality 0.40
Board okays $684K distribution on K Shares, $246K on K-I Shares, $23K on OP Units
PROCACCIANTI HOTEL REIT, INC.
- K Share distribution: $684,393 cumulative accrued for quarter ended Dec 31, 2024 at 7% per annum.
- K-I Share distribution: $245,671 cumulative accrued at same rate.
- Class K OP Unit distribution: $22,544 cumulative accrued for affiliate sellers.
- Daily accrual rate: $0.0019125683 per share/unit (7% annual).
- Payments from legally available funds; record date Dec 31, 2024.