FelCor Declares Preferred Dividends (United States)
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FelCor Declares Preferred Dividends (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 2011-07-01
FelCor Lodging Trust Incorporated (NYSE: FCH) today announced that its Board of Directors declared the current quarterly dividends payable on its Series A Cumulative Convertible Preferred Stock and its 8% Series C Cumulative Redeemable Preferred Stock.
FelCor will pay dividends of $0.4875 per share on its Series A Preferred Stock and $0.50 per depositary share evidencing its Series C Preferred Stock to its stockholders of record on July 15, 2011. The dividend payment date is August 1, 2011.
About Felcor
FelCor, a real estate investment trust, is the nation's largest owner of upper-upscale, all-suite hotels. FelCor owns interests in 81 properties located in major markets throughout 22 states. FelCor's diversified portfolio of hotels and resorts are flagged under global brands such as - Doubletree (R), Embassy Suites Hotels(R), Hilton(R), Fairmont(R), Marriott(R), Renaissance(R), Sheraton(R), Westin(R) and Holiday Inn(R).
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