FelCor Lodging Trust Incorporated (NYSE: FCH) today announced that its Board of Directors declared quarterly dividends payable with respect to its Series A Cumulative Convertible Preferred Stock and its 8% Series C Cumulative Redeemable Preferred Stock.
FelCor will pay 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 each be paid on April 30, 2013, to stockholders of record on April 15, 2013.
FelCor, a real estate investment trust, owns a diversified portfolio of primarily upper-upscale, full-service hotels that are located in major and resort markets. FelCor partners with leading hotel companies to operate its 66 hotels, which are flagged under globally recognized names such as Fairmont
®, Embassy Suites
®, Wyndham Grand
® and Holiday Inn
®, and premier independent hotels in New York. Additional information can be found on the Company’s website at