Strategic Hotels & Resorts Declares Second Quarter Dividends
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Strategic Hotels & Resorts Declares Second Quarter Dividends
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Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2007-06-01
Strategic Hotels & Resorts (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 on July 10, 2007 to shareholders of record as of the close of business on Tuesday, June 26, 2007.
The company also announced today that it has declared a quarterly dividend of $0.53125 per share of 8.5 percent Series A Cumulative Redeemable Preferred Stock payable on June 29, 2007 to shareholders of record on June 15, 2007. Additionally, the company has declared a quarterly dividend of $0.51563 per share of 8.25 percent Series B Cumulative Redeemable Preferred Stock and 8.25 percent Series C Cumulative Redeemable Preferred Stock payable on June 29, 2007 to shareholders of record on June 15, 2007.
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