FelCor Announces Preferred Dividends for Fourth Quarter
15 Dezembro 2005 - 2:23PM
PR Newswire (US)
IRVING, Texas, Dec. 15 /PRNewswire-FirstCall/ -- FelCor Lodging
Trust Incorporated (NYSE:FCH), one of the nation's largest hotel
real estate investment trusts (REITs), today announced its fourth
quarter preferred dividends. FelCor will pay a dividend of $0.4875
per share on its $1.95 Series A Cumulative Convertible Preferred
Stock (CUSIP No. 31430F 20 0) and $0.50 per depositary share
evidencing its 8% Series C Cumulative Redeemable Preferred Stock
(CUSIP No. 31430F 50 7). The fourth quarter preferred dividends
will each be payable on January 31, 2006, to stockholders of record
on December 30, 2005. On October 31, 2005, FelCor announced the
reinstatement of the payment of a common dividend. It paid $0.15
per share on its Common Stock on December 1, 2005, to shareholders
of record on November 15, 2005. FelCor is one of the nation's
largest hotel REITs and the nation's largest owner of full service,
all-suite hotels. FelCor's portfolio is comprised of 126
consolidated hotels, located in 30 states and Canada. FelCor's
portfolio includes 66 upper upscale, all-suite hotels, and it is
the largest owner of Embassy Suites Hotels(R) and Doubletree Guest
Suites(R) hotels in the U.S. FelCor's hotels are flagged under
global brands such as Embassy Suites Hotels, Doubletree(R),
Hilton(R), Sheraton(R), Westin(R), Crowne Plaza(R), Holiday Inn(R)
and Staybridge Suites(R). FelCor has a current market
capitalization of approximately $3.3 billion. Additional
information can be found on the Company's Web site at
http://www.felcor.com/ . With the exception of historical
information, the matters discussed in this news release include
"forward looking statements" within the meaning of the federal
securities laws that are qualified by cautionary statements
contained herein and in FelCor's filings with the Securities and
Exchange Commission. DATASOURCE: FelCor Lodging Trust Incorporated
CONTACT: Stephen A. Schafer, Vice President of Investor Relations,
+1-972-444-4912, or , or Monica L. Hildebrand, Vice President of
Communications, +1-972-444-4917, or , both of FelCor Lodging Trust
Incorporated Web site: http://www.felcor.com/
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