InnSuites Hospitality Trust shares surge 17.08% after-hours after announcing a $0.01 semi-annual dividend with a 1.64% yield, extending its 56-year dividend history.

miércoles, 21 de enero de 2026, 5:50 pm ET1 min de lectura
IHT--
InnSuites Hospitality Trust (IHT) surged 17.08% in after-hours trading following the announcement of a $0.01 semi-annual dividend per share, payable on February 9, 2026, to shareholders of record as of January 27, 2026. The dividend, representing a 1.64% yield based on the $1.23 stock price, reaffirmed the company’s 56-year streak of uninterrupted dividend payments despite reporting a negative EPS of $0.17 over the past 12 months. The move was bolstered by the firm’s guidance of projected hotel revenues exceeding $7.54 million for fiscal 2026, up modestly from $7.44 million, and positive progress in diversification initiatives like IBC Hotels and UniGen clean energy investments. Investors likely interpreted the dividend as a confidence-building measure amid the company’s strategic expansion and revenue stabilization efforts.

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