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Ashford Hospitality Prime Inc declares first quarterly dividend for fourth quarter of 2013 and issues guidance for 2014 dividends

Monday, 16 Dec 2013 08:05am EST 

Ashford Hospitality Prime Inc:Says the board declares a quarterly cash dividend of $0.05 per diluted share for the company's common stock for the fourth quarter ending of 2013.The dividend is payable on Jan. 15, 2014, to shareholders of record as of Dec. 31, 2013.The board also approves the company's dividend policy for 2014.The company expects to pay a quarterly cash dividend of $0.05 per share for 2014, or $0.20 per share on an annualized basis.