LuxUrban Hotels Inc. Announces Timing of Regular Monthly
From GlobeNewswire: 2025-02-07 09:33:40
LuxUrban Hotels Inc. announced the timing for the payment of its declared regular monthly dividend of $0.2708333 per share of its 13.00% Series A Cumulative Redeemable Preferred Stock for January 2025. The dividend will be payable on February 28, 2025, to holders of record as of February 15, 2025. LuxUrban Hotels Inc. secures long-term operating rights for entire hotels through Master Lease Agreements (MLA) and rents out hotel rooms to business and vacation travelers. The Company is strategically building a portfolio of hotel properties in destination cities. The forward-looking statements in this press release are based on current expectations and beliefs concerning future developments and their potential effect on the Company.
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