FelCor Declares Dividends for Second Quarter
29 Junho 2007 - 12:00PM
Business Wire
FelCor Lodging Trust Incorporated (NYSE: FCH) today declared its
second quarter dividends. FelCor will pay a dividend of $0.30 per
share on its Common Stock, which reflects a $0.05 increase from the
prior quarter. FelCor will also pay $0.4875 per share on its $1.95
Series A Cumulative Convertible Preferred Stock and $0.50 per
depositary share evidencing its 8% Series C Cumulative Redeemable
Preferred Stock. The second quarter dividends will each be payable
on July 31, 2007, to stockholders of record on July 13, 2007.
FelCor, a real estate investment trust, is the nation�s largest
owner of upper upscale, all-suite hotels. FelCor�s portfolio is
comprised of 83 consolidated hotels, located in 23 states and
Canada. FelCor�s portfolio includes 65 upper upscale hotels, and
FelCor is the largest owner of Embassy Suites Hotels� and
Doubletree Guest Suites� hotels. FelCor�s hotels are flagged under
global brands such as Embassy Suites Hotels, Doubletree�, Hilton�,
Sheraton�, Westin� and Holiday Inn�. FelCor has a current
enterprise value of approximately $3.5�billion. Additional
information can be found on the Company�s Web site at
www.felcor.com.
Felcor Lodging (NYSE:FCH)
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