Host Hotels & Resorts, Inc. announces Quarterly Dividend on Common Stock
|
|
Host Hotels & Resorts, Inc. announces Quarterly Dividend on Common Stock
|
Category: Worldwide - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2011-12-19
Host Hotels & Resorts, Inc. (NYSE: HST) announced that its board of directors authorized a regular quarterly cash dividend of $0.05 per share on the Company's common stock, an increase of $0.01 from the previous quarter. The dividend is payable on January 17, 2012 to stockholders of record on December 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 105 properties in the United States and 16 properties internationally totaling approximately 65,000 rooms. The Company also holds non-controlling interests in a joint venture in Europe that owns 13 hotels with approximately 4,200 rooms and a joint venture in India that is developing seven hotels in three cities with approximately 1,800 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®, Pullman® and Novotel®* in the operation of properties in over 50 major markets worldwide.
|
|
