American Hotel Income Properties REIT LP announces October 2018 U.S. dollar cash distribution

Start generating passive income through real estate.

Own a piece of your favorite cities through diversified real estate investments in the country's top markets

*Terms and conditions apply. Visit Nada's website for more details.

Loading...
Loading...

American Hotel Income Properties REIT LP announces October 2018 U.S. dollar cash distribution

PR Newswire

VANCOUVER, Oct. 15, 2018 /PRNewswire/ - American Hotel Income Properties REIT LP ("AHIP") HOT HOT.U, and HOT.DB.U))) announced today a cash distribution of US$0.054 per limited partnership unit ("Unit") for the period of October 1, 2018 to October 31, 2018, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will be paid on November 15, 2018 to unitholders of record at the close of business on October 31, 2018.

The policy of AHIP is to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month.

ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP

American Hotel Income Properties REIT LP HOT HOT.U and HOT.DB.U))), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 113 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG, Wyndham and Choice Hotels through license agreements.  The company's long-term objectives are to build on its proven track record of successful investment, deliver reliable and consistent U.S. dollar denominated distributions to unitholders, and generate value through the continued growth of its diversified hotel portfolio.  More information is available at www.ahipreit.com.

View original content:http://www.prnewswire.com/news-releases/american-hotel-income-properties-reit-lp-announces-october-2018-us-dollar-cash-distribution-300730398.html

SOURCE American Hotel Income Properties REIT LP

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: DividendsPress ReleasesReal EstateBanking/Financial Services
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...