dividend
confidence high
sentiment neutral
materiality 0.25
Procaccianti Hotel REIT authorizes $933,805 in Q3 distributions for K and K-I shares, plus $22,606 for OP units
PROCACCIANTI HOTEL REIT, INC.
- Board authorized Q3 common stock distributions: $682,533 for K shares and $251,272 for K-I shares, totalling $933,805.
- Distribution accrual rate of 7% per annum ($0.001917808 per share per day) for both K and K-I share classes.
- Also authorized $22,606 in distributions to Class K OP units held by Affiliate Sellers of Hilton Garden Inn property.
- Distributions payable from legally available funds; record date September 30, 2025.