Host Hotels & Resorts, Inc. (ticker: HST, exchange: New York Stock Exchange (.N))
News Release -
Host Marriott Corporation Announces Increase in Quarterly Dividend on Common Shares and Announces Quarterly Dividend on Preferred Shares
BETHESDA, Md., Dec. 15 /PRNewswire-FirstCall/ -- Host Marriott Corporation
(NYSE: HMT) announced today that its Board of Directors declared a regular
quarterly cash dividend of $0.12 per share on the Company's common stock. The
dividend is payable on January 17, 2006 to stockholders of record on
December 31, 2005.
Host Marriott Corporation also announced that its Board of Directors
declared a cash dividend of $0.625 per share for the Company's Class C
Cumulative Redeemable Preferred Stock and a cash dividend of $0.5546875 per
share on its Class E Cumulative Redeemable Preferred Stock for the fourth
quarter of 2005. The preferred dividend is payable on January 17, 2006 to
stockholders of record at the close of business on December 31, 2005.
Host Marriott Corporation is a Fortune 500 lodging real estate company
that currently owns or holds controlling interests in 107 upper-upscale and
luxury hotel properties primarily operated under premium brands, such as
Marriott(R), Ritz-Carlton(R), Hyatt(R), Four Seasons(R), Fairmont(R),
Hilton(R) and Westin(R) (*). For further information, please visit the
Company's website at http://www.hostmarriott.com.
(*) This press release contains registered trademarks that are the
exclusive property of their respective owners. None of the owners of these
trademarks has any responsibility or liability for any information contained
in this press release.
SOURCE Host Marriott Corporation
CONTACT: Kevin J. Jacobs, Vice President, +1-240-744-5212, or Gregory J.
Larson, Senior Vice President, +1-240-744-5120, both of Host Marriott