Ex-Div Reminder for Strategic Hotels & Resorts Series C Cumulative Redeemable Preferred Stock

On 12/12/13, Strategic Hotels & Resorts, Inc.'s 8.25% Series C Cumulative Redeemable Preferred Stock (NYSE: BEE.PRC) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 12/31/13. As a percentage of BEE.PRC's recent share price of $23.75, this dividend works out to approximately 2.17%, so look for shares of BEE.PRC to trade 2.17% lower -- all else being equal -- when BEE.PRC shares open for trading on 12/12/13. On an annualized basis, the current yield is approximately 8.72%...