Luxurban hotels declares dividend on 13.00% series a cumulative redeemable preferred stock

Miami--(business wire)--luxurban hotels inc. (or the “company”) (nasdaq: luxh, luxhp), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, today announced that its board of directors has declared a monthly cash dividend for the company's 13.00% series a cumulative redeemable preferred stock. dividend per share $0.270833 record date january 16, 2024 payment date january 31, 2024 lu.
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