Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) yesterday announced that its Board of Directors declared a regular quarterly dividend of $0.35 per share. The regular quarterly dividend will be paid on December 29, 2014 to stockholders of record on December 8, 2014.
The Baird/STR Hotel Stock Index increased 2.9 percent to 3,839 in November and is up 20.8 percent year to date. The index ended 2013 at 3,177.
The Baird/STR Hotel Stock Index reported a 3.6-percent increase to 3,730 in October and is up 17.4 percent year to date. The index ended 2013 at 3,177.
Revenue from continuing operations was $16.9 million, an increase of 8.2 percent over the same 2013 period.
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