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Stock Market & Financial Investment News

News Breaks
March 3, 2014
08:11 EDTAHT, AHPAshford Hospitality Prime completes acquisition of Pier House Resort and Spa
Ashford Hospitality Prime (AHP) announced it has completed the acquisition of the 142-room Pier House Resort and Spa from Ashford Hospitality (AHT) for a total consideration of $92.M. In connection with the transaction, the company has assumed the existing $69Mproperty level debt financing that Ashford Trust closed in September 2013. The balance of the purchase price was funded with proceeds from the company's January equity offering.
News For AHP;AHT From The Last 14 Days
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December 19, 2014
11:19 EDTAHTAshford to acquire Prudential interest of Highland portfolio
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11:16 EDTAHTCorrection: Ashford to acquire Prudential interest of Highland portfolio
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December 15, 2014
08:11 EDTAHPAshford Hospitality Prime sees 2015 dividends flat at 20c annually
Ashford Hospitality Prime announced that its Board of Directors declared a quarterly cash dividend of 5c per diluted share for the company's common stock for the fourth quarter ending December 31. The dividend, which equates to an annual rate of $0.20 per share, is payable on January 15, 2015, to shareholders of record as of December 31, 2014. The board also approved the company's dividend policy for 2015. The company expects to pay a quarterly cash dividend of 5c per share for 2015, or 20c per share on an annualized basis. The company believes a conservative approach is appropriate given the company's recent stock buyback announcement, and the board will continue to review its dividend policy on a quarter-to-quarter basis. The adoption of a dividend policy does not commit the board of directors to declare future dividends or the amount thereof.
08:09 EDTAHTAshford Hospitality sees 2015 annual dividend remaining flat at 48c
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December 8, 2014
08:04 EDTAHPAshford Hospitality Prime announces share repurchase activity
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