Strategic Hotels & Resorts Declares Third Quarter Dividends
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Strategic Hotels & Resorts Declares Third Quarter Dividends
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Category: Middle East - Industry economy -
Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2008-09-09
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 September 30, 2008 and will be paid on October 10, 2008.
The company also announced today that its Board of Directors has declared a quarterly dividend of $0.53125 per share on its 8.5 percent Series A Cumulative Redeemable Preferred Stock payable on September 30, 2008 to shareholders of record on September 19, 2008; a quarterly dividend of $0.51563 per share on its 8.25 percent Series B Cumulative Redeemable Preferred Stock payable on September 30, 2008 to shareholders of record on September 19, 2008 and a quarterly dividend of $0.51563 per share on its 8.25 percent Series C Cumulative Redeemable Preferred Stock payable on September 30, 2008 to shareholders of record on September 19, 2008.
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