FelCor Announces Preferred Dividends for Third Quarter
30 Setembro 2004 - 6:15PM
PR Newswire (US)
FelCor Announces Preferred Dividends for Third Quarter IRVING,
Texas, Sept. 30 /PRNewswire-FirstCall/ -- FelCor Lodging Trust
Incorporated (NYSE:FCH), the nation's second largest hotel real
estate investment trust (REIT), today announced its third quarter
preferred dividends. FelCor will pay a dividend of $0.4875 per
share on its $1.95 Series A Cumulative Convertible Preferred Stock
and $0.5625 per depositary share evidencing its 9% Series B
Cumulative Redeemable Preferred Stock. The third quarter dividends
will each be payable on October 29, 2004, to stockholders of record
on October 15, 2004. FelCor is the nation's second largest lodging
REIT and the largest owner of full service, all-suite hotels.
FelCor's consolidated portfolio is comprised of 149 hotels, located
in 32 states and Canada. FelCor owns 70 upscale, all-suite hotels,
and is the owner of the largest number of Embassy Suites Hotels(R)
and Doubletree Guest Suites(R) hotels in the U.S. FelCor's
portfolio also includes 70 hotels in the upscale and full service
segments. FelCor has a current market capitalization of
approximately $3.0 billion. Additional information can be found on
FelCor'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. Forward looking statements are not
guarantees of future performance. Numerous risks and uncertainties,
and the occurrence of future events, may cause actual results to
differ materially from those currently anticipated. Certain of
these risks and uncertainties are described in our filings with the
Securities and Exchange Commission. Although we believe our current
expectations to be based upon reasonable assumptions, we can give
no assurance that our expectations will be attained or that actual
results will not differ materially. 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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