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 100% increase in the quarterly common stock dividend, authorizing FelCor to pay $0.04 per share. Additionally, the company will pay preferred dividends of $0.4875 per share on its Series A Preferred Stock and $0.50 per depositary share evidencing its Series C Preferred Stock. The dividends will be paid on January 30, 2015, to stockholders of record on January 15, 2015.
About FelCor
FelCor, a real estate investment trust, owns a diversified portfolio of primarily upper-upscale and luxury hotels that are located in major and resort markets throughout the U.S. FelCor partners with leading hotel companies to operate its hotels, which are flagged under globally renowned names and premier independent hotels. Additional information can be found on the Company's website at www.felcor.com.
Contacts:
Stephen A. Schafer, 972-444-4912
Vice
President Strategic Planning & Investor Relations
sschafer@felcor.com