Strategic Hotels Sets Preferred Dividends
Luxury hotel and resort operator Strategic Hotels & Resorts announced today its third-quarter dividend on three series of cumulative redeemable preferred stock.
- 8.5% Series A -- $0.53125 per share
- 8.25% Series B -- $0.51563 per share
- 8.25% Series C -- $0.51563 per share
The board of directors said the quarterly dividends are payable on September 30 to holders of record at the close of business on September 13. Strategic Hotels & Resorts does not pay a regular dividend on its common stock.
The article Strategic Hotels Sets Preferred Dividends originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.