dividend
confidence high
sentiment positive
materiality 0.60
InnSuites declares $0.01 semi-annual dividend; FY2025 revenue expected to exceed $7.5M
INNSUITES HOSPITALITY TRUST
- Dividend of $0.01 per share payable Feb 5, 2025 to holders of record Jan 24, 2025, extending 55-year consecutive annual dividend history.
- Combined December hotel revenue $505,422; record revenue and gross operating profit projected for FY2025 ending Jan 31, 2025.
- FY2025 total revenues anticipated to exceed $7.5M (Feb 1, 2024 – Jan 31, 2025).
- UniGen clean energy investment progressing; seeking additional funding; exploring other diversification opportunities.