Strategic Hotels & Resorts Declares Third Quarter Dividends
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Strategic Hotels & Resorts Declares Third Quarter Dividends
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Category: Worldwide -
This is a press release selected by our editorial committee and published online for free on 2007-09-03
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 26, 2007. The dividend will be paid on October 10, 2007.
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 September 28, 2007 to shareholders of record on September 14, 2007, a quarterly dividend of $0.51563 per share of 8.25 percent Series B Cumulative Redeemable Preferred Stock payable on September 28, 2007 to shareholders of record September 14, 2007 and a quarterly dividend of $0.51563 per share of 8.25 percent Series C Cumulative Redeemable Preferred Stock payable on September 28, 2007 to shareholders of record September 14, 2007.
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