Forbes -
10 Jul 2013 19:38

On 7/11/13, FelCor Lodging Trust, Inc.'s 8% Series C Cumulative Redeemable Preferred Stock (NYSE: FCH.PRC) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 7/31/13. As a percentage of FCH.PRC's recent share price of $24.98, this dividend works out to approximately 2.00%, so look for shares of FCH.PRC to trade 2.00% lower -- all else being equal -- when FCH.PRC shares open for trading on 7/11/13. On an annualized basis, the current yield is approximately 8.03%, which compar...
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