MHI Hospitality Corporation Announces Third Quarter Dividend
16 July 2008 - 3:05AM
PR Newswire (US)
WILLIAMSBURG, Va., July 15 /PRNewswire-FirstCall/ -- MHI
Hospitality Corporation (NASDAQ:MDH) announced today that its board
of directors has declared a quarterly dividend of $0.17 per share
of common stock payable to shareholders of record on the close of
business Monday, September 15, 2008. The dividend will be paid on
Friday, October 10, 2008. About MHI Hospitality Corporation MHI
Hospitality Corporation is a self-advised lodging REIT focused on
the acquisition, redevelopment and management of mid-scale, upscale
and upper upscale full service hotels in the Mid-Atlantic, Midwest
and Southeastern United States. Currently, the Company's portfolio
consists of nine properties comprising 2,143 rooms, all of which
operate under the Hilton, InterContinental Hotels Group and
Starwood Hotels and Resorts brands. In addition, the Company has a
25 percent interest in the Crowne Plaza Resort Hollywood Beach and
a leasehold interest in the common area of Shell Island Resort, a
resort condominium property. MHI Hospitality Corporation was
organized in 2004 and is listed on the Russell Microcap(TM) Index.
The Company is headquartered in Williamsburg, Virginia. For more
information please visit http://www.mhihospitality.com/.
DATASOURCE: MHI Hospitality Corporation CONTACT: Bill Zaiser, Chief
Financial Officer of MHI Hospitality Corporation, +1-301-220-5400;
or Vicki Baker of Financial Relations Board, General Information,
+1-703-796-1798, for MHI Hospitality Corporation Web site:
http://www.mhihospitality.com/
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