FelCor Declares Fourth Quarter Dividends
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Common Dividend Increases 50% to $0.06 Per Share
IRVING, Texas--(BUSINESS WIRE)-- FelCor Lodging Trust Incorporated (NYSE: FCH) today announced that its Board of Directors declared fourth quarter dividends on its common and preferred stock.
The Board of Directors approved a 50% increase in the quarterly common stock dividend, authorizing FelCor to pay $0.06 per share. Additionally, the company will pay preferred dividends of $0.4875 per share on its Series A Preferred Stock. The dividends will be paid on January 29, 2016 to stockholders of record on January 15, 2016.
About FelCor
FelCor, a real estate investment trust, owns a diversified portfolio of primarily upper-upscale and luxury hotels that are located in major urban and resort markets throughout the U.S. FelCor partners with top hotel companies that operate its properties under globally renowned names and as premier independent hotels. Additional information can be found on the company's website at www.felcor.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151221005054/en/
FelCor Lodging Trust Incorporated
Stephen A. Schafer, 972-444-4912
Senior
Vice President
[email protected]
Source: FelCor Lodging Trust Incorporated
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