FelCor Declares Dividends for Fourth Quarter
14 Dezembro 2007 - 4:20PM
Business Wire
FelCor Lodging Trust Incorporated (NYSE: FCH) today declared its
fourth quarter dividends. FelCor will pay a dividend of $0.35 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 fourth quarter dividends will each be payable
on January 31, 2008, to stockholders of record on December 31,
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 $3.0�billion. Additional
information can be found on the Company�s Web site at
www.felcor.com.
Felcor Lodging (NYSE:FCH)
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