Felcor Lodging Trust (FCH) Declares $0.04 Prorated Dividend; 0.6% Yield

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FelCor Declares Prorated Dividend

August 17, 2017 7:01 PM EDT

IRVING, Texas--(BUSINESS WIRE)-- FelCor Lodging Trust Incorporated (FelCor) (NYSE: FCH) today announced that its Board of Directors declared a prorated dividend of $0.04 per share of common stock in anticipation of the pending merger with RLJ Lodging Trust, which is expected to close on or about August 31, 2017, payable on August 30, 2017 to all holders of record at the close of business on August 28, 2017.

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... More