PHOENIX, Jan. 11, 2012 /PRNewswire/ -- InnSuites Hospitality Trust (NYSE Amex: IHT) today announced that its Board of Trustees approved the payment of an annual dividend of $0.01 per share to shareholders of record on January 23, 2012, payable on January 31, 2012. This dividend continues InnSuites' uninterrupted 42-year history of paying dividends each year on its Shares of Beneficial Interest. Your Suite Choice® - Value ConceptInnSuites Hospitality Trust is a mid-market studio and two-room suite hospitality business trust operating InnSuites Boutique Hotel Collection of 56 hotels. For reservations, call 1-888-INNSUITES, or visit www.innsuites.com or www.ibchotel.com. For investor information, visit www.innsuitestrust.com. Certain matters within this press release may be discussed using forward-looking language as specified in the 1995 Private Securities Litigation Reform Act and we intend that such forward-looking statements be subject to the safe-harbor created thereby. InnSuites Hospitality Trust cautions that these statements 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 statements contained herein. SOURCE InnSuites Hospitality Trust
Looking at the universe of stocks we cover at Dividend Channel, on 1/14/15, Innsuites Hospitality Trust will trade ex-dividend, for its annual dividend of $0.01, payable on 1/30/15. As a percentage of IHT's recent stock price of $2.22, this dividend works out to approximately 0.45%.