IHT Declares 51st Consecutive Annual Dividend As Industry Recovers
June 29 2021 - 4:25PM
On June 23 2021, the Board of Trustees of InnSuites Hospitality
Trust (NYSE Am: IHT), announced a semi-annual dividend of $0.01 per
share payable on July 30, 2021 to shareholders of record as of July
15, 2021, continuing an uninterrupted 51-year history of annual
dividends. InnSuites Hotel operations continue to recover while the
UniGen diversified efficient clean energy investment continues to
progress.
For more information, visit
www.innsuitestrust.com and www.innsuites.com.
Forward-Looking Statements
With the exception of historical information,
matters discussed in this news release may include “forward-looking
statements” within the meaning of the federal securities laws. All
statements regarding IHT’s review and exploration of potential
strategic, operational and structural alternatives and expected
associated costs and benefits are forward-looking. Actual
developments and business decisions may differ materially from
those expressed or implied by such forward-looking statements.
Important factors, among others, that could cause IHT’s actual
results and future actions to differ materially from those
described in forward-looking statements include continuation of
Covid-19 business recovery, the uncertain outcome, impact, effects
and results of IHT’s review of strategic, operational and
structural alternatives, IHT’s success in finding potential
qualified purchasers for its hospitality real estate, or a reverse
merger partner, the success of and timing of the UniGen clean
energy innovation, the continuation of semi-annual dividends in the
year ahead, and other risks discussed in IHT’s SEC filings. IHT
expressly disclaims any obligation to update any forward-looking
statement contained in this news release to reflect events or
circumstances that may arise after the date hereof, all of which
are expressly qualified by the foregoing, other than as required by
applicable law.
FOR FURTHER INFORMATION:
Marc Berg, Executive Vice President 602-944-1500
email: mberg@innsuites.com
INNSUITES HOTEL CENTRE1730 E. NORTHERN AVENUE,
#122Phoenix, Arizona 85020Phone: 602-944-1500
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