Published:
Supertel Hospitality, Inc. Declares Second Quarter 2008 Dividend of $0.12 3/4 per Common Share
Supertel Hospitality, Inc. (NASDAQ: SPPR), a
self-administered real estate investment trust, today announced that its
board of directors has declared a cash dividend to its common stock
shareholders for the 2008 second quarter.
A dividend of $0.12 3/4 per share will be distributed on July 31, 2008 to
common shareholders of record on June 30, 2008. The payment is equal to
the 2008 first quarter dividend and is an increase of $0.01 1/4 from the
$0.11 1/2 dividend paid for the same period a year earlier.
Supertel Hospitality, Inc. specializes in limited-service lodging. The
company owns 125 hotels in 24 states.
Certain matters within this press release are discussed using
forward-looking language as specified in the Private Securities Litigation
Reform Act of 1995, and, as such, may involve known and unknown risks,
uncertainties and other factors that may cause the actual results or
performance to differ from those projected in the forward-looking
statement. These risks are discussed in the company's filings with the
Securities and Exchange Commission.
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Daily NewsTags: ,Travel and Hospitality:Hotels, ,NASDAQ01,NASDAQ01,NE,NORFOLK, NE
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