FelCor Announces Preferred Dividends for Fourth Quarter
20 Dezembro 2004 - 3:04PM
PR Newswire (US)
FelCor Announces Preferred Dividends for Fourth Quarter IRVING,
Texas, Dec. 20 /PRNewswire-FirstCall/ -- FelCor Lodging Trust
Incorporated (NYSE:FCH), the nation's second largest public hotel
real estate investment trust (REIT), 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 and $0.5625 per depositary share evidencing its 9% Series B
Cumulative Redeemable Preferred Stock. The fourth quarter dividends
will each be payable on January 28, 2005, to stockholders of record
on December 31, 2004. FelCor is the largest owner of full service,
all-suite hotels. FelCor's consolidated portfolio is comprised of
145 hotels, located in 32 states and Canada. FelCor owns 69
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 69 hotels in the
upscale and full service segments. FelCor has a current market
capitalization of approximately $3.1 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 that are qualified by cautionary statements
contained herein and in FelCor's filings with the SEC. DATASOURCE:
FelCor Lodging Trust Incorporated CONTACT: Monica L. Hildebrand,
Vice President of Communications, +1-972-444-4917, or , or Stephen
A. Schafer, Vice President of Investor Relations, +1-972-444-4912,
or , both of FelCor Lodging Trust Incorporated Web site:
http://www.felcor.com/
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