Host Hotels & Resorts, Inc. announces Quarterly Dividend on Common Stock (United States)
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Host Hotels & Resorts, Inc. announces Quarterly Dividend on Common Stock (United States)
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Category: North America & West Indies / Carribean islands - United States - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2011-06-16
Host Hotels & Resorts, Inc. (NYSE: HST) announced that its board of directors authorized a regular quarterly cash dividend of $0.03 per share on the Company's common stock, an increase of $0.01 from the previous quarter. The dividend is payable on July 15, 2011 to stockholders of record on June 30, 2011.
ABOUT HOST HOTELS & RESORTS
Host Hotels & Resorts, Inc. is an S&P 500 and Fortune 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 106 properties in the United States and 17 international properties totaling approximately 65,000 rooms, and also holds a non-controlling interest in a joint venture in Europe that owns 11 hotels with approximately 3,500 rooms. Guided by a disciplined approach to capital allocation and aggressive asset management, the Company partners with premium brands such as Marriott®, Ritz-Carlton®, Westin®, Sheraton®, W®, St. Regis®, Le Meridien®, The Luxury Collection®, Hyatt®, Fairmont®, Four Seasons®, Hilton®, Swissotel®, ibis® and Novotel®* in the operation of properties in over 50 major markets worldwide.
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