FelCor Lodging Trust Series C Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

On 10/10/13, 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 10/31/13. As a percentage of FCH.PRC's recent share price of $24.02, this dividend works out to approximately 2.08%, so look for shares of FCH.PRC to trade 2.08% lower ? all else being equal ? when FCH.PRC shares open for trading on 10/10/13. On an annualized basis, the current yield is approximately 8.36%, which compa...