Host Marriott Corporation Announces Increase in Quarterly Dividend on Common Shares and Announces Quarterly Dividend on Preferr
March 21 2006 - 8:30AM
PR Newswire (US)
BETHESDA, Md., March 21 /PRNewswire-FirstCall/ -- Host Marriott
Corporation (NYSE:HMT) announced today that its Board of Directors
declared a regular quarterly cash dividend of $0.14 per share on
the Company's common stock. The dividend is payable on April 17,
2006 to stockholders of record on March 31, 2006. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040324/HOSTMARRIOTTLOGO )
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 first quarter of 2006. The
preferred dividend is payable on April 17, 2006 to stockholders of
record on March 31, 2006. Host Marriott Corporation is a Fortune
500 lodging real estate company that currently owns or holds
controlling interests in 103 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.
http://www.newscom.com/cgi-bin/prnh/20040324/HOSTMARRIOTTLOGO
http://photoarchive.ap.org/ DATASOURCE: 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 Corporation Web site: http://www.hostmarriott.com/
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