American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s): AHOTF | T.HOT.UN

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

TSX:HOT.DB.V - Post by User

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures > Distribution to be re-instated..a few quick points

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Comment by apollojeticon Nov 09, 2021 6:13pm

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Post# 34107221

RE:Distribution to be re-instated..a few quick points

Hopefully folks won't be disappointed with about a 2 cents a month CDN dividend starting in March 2022.

Based on that we have about a 5% yield going forward.

Looks like they want to keep that payout ratio at a very healthy level to protect from any more shocks to the economy and travel.

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