dividend
confidence high
sentiment neutral
materiality 0.50
Procaccianti Hotel REIT authorizes $946,706 in Q2 distributions for K and K-I shares and OP units
PROCACCIANTI HOTEL REIT, INC.
- Board authorized $671,513 for K Shares and $252,833 for K-I Shares for Q2 2026, payable Aug 4 to holders of record Aug 3.
- Also authorized $22,360 distribution for Class K OP Units held by Affiliate Sellers of the Hilton Garden Inn property.
- Accrual rate of 7% per annum for all classes, unchanged from prior quarter.
- Distributions paid from legally available funds; no change in dividend policy.