FelCor Lodging Trust Series C Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 1/13/14, 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 1/31/14. As a percentage of FCH.PRC's recent share price of $24.79, this dividend works out to approximately 2.02%, so look for shares of FCH.PRC to trade 2.02% lower -- all else being equal -- when FCH.PRC shares open for trading on 1/13/14. On an annualized basis, the current yield is approximately 8.08%, which compar...