Strategic Hotels & Resorts Declares Fourth Quarter Dividends
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Strategic Hotels & Resorts Declares Fourth Quarter Dividends
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Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2007-12-04
Strategic Hotels & Resorts, Inc. (NYSE:BEE), announced today that its Board of Directors has declared a quarterly dividend of $0.24 per share of common stock. The dividend is payable to shareholders of record as of the close of business on December 27, 2007. The dividend will be paid on January 10, 2008.
The company also announced today that its Board of Directors has declared a quarterly dividend of $0.53125 per share of 8.5 percent Series A Cumulative Redeemable Preferred Stock payable on December 31, 2007 to shareholders of record on December 17, 2007, a quarterly dividend of $0.51563 per share of 8.25 percent Series B Cumulative Redeemable Preferred Stock payable on December 31, 2007 to shareholders of record December 17, 2007 and a quarterly dividend of $0.51563 per share of 8.25 percent Series C Cumulative Redeemable Preferred Stock payable on December 31, 2007 to shareholders of record December 17, 2007.
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