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FelCor Declares Preferred Dividends

Monday September 30th, 2013 - 9:34AM

IRVING, TX—FelCor Lodging Trust Incorporated has 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 be paid on Oct. 31 to stockholders of record on Oct. 15.

FelCor has a portfolio of 62 hotels, primarily in the upper-upscale and luxury segment.