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Strategic Hotels & Resorts Declares Second Quarter Dividends

Strategic Hotels & Resorts Declares Second Quarter Dividends

Category: Worldwide - Industry economy - Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2008-06-06


Strategic Hotels & Resorts, Inc. (NYSE:BEE), announced today that its Board of Directors has declared a quarterly dividend of $0.24 per share of common stock. The dividend is payable to shareholders of record as of the close of business on June 30, 2008. The dividend will be paid on July 10, 2008.

The company also announced today that its Board of Directors has declared a quarterly dividend of $0.53125 per share of 8.5 percent Series A Cumulative Redeemable Preferred Stock payable on June 30, 2008 to shareholders of record on June 20, 2008, a quarterly dividend of $0.51563 per share of 8.25 percent Series B Cumulative Redeemable Preferred Stock payable on June 30, 2008 to shareholders of record June 20, 2008 and a quarterly dividend of $0.51563 per share of 8.25 percent Series C Cumulative Redeemable Preferred Stock payable on June 30, 2008 to shareholders of record June 20, 2008.



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