MHI Hospitality Corporation Declares Quarterly Dividend
WILLIAMSBURG, Va. -- October 23, 2012
MHI Hospitality Corporation (NASDAQ: MDH) today announced that its Board of
Directors has declared a quarterly cash dividend of$0.03per issued and
outstanding common share. The quarterly dividend will be paid on January 11,
2013 to its common shareholders of record as of December 14, 2012.
About MHI Hospitality Corporation
MHI Hospitality Corporation is a self-managed and self-administered lodging
REIT focused on the acquisition, renovation, upbranding and repositioning of
upscale to upper upscale full-service hotels in the Mid-Atlantic and Southern
United States. Currently, the Company’s portfolio consists of investments in
ten hotel properties, nine of which are wholly-owned and comprise 2,113 rooms.
All of the Company’s wholly-owned properties operate under the Hilton
Worldwide, InterContinental Hotels Group and Starwood Hotels and Resorts
brands. The Company has a 25.0 percent interest in the Crowne Plaza Hollywood
Beach Resort. MHI Hospitality Corporation was organized in 2004 and is
headquartered in Williamsburg, Virginia. For more information please visit
MHI Hospitality Corporation
Scott Kucinski, 757-229-5648
Director - Investor Relations
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