Host Marriott Corporation (NYSE:HMT) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share on the Company's common stock. The dividend is payable on January 17, 2006 to stockholders of record on December 31, 2005.
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 fourth quarter of 2005. The preferred dividend is payable on January 17, 2006 to stockholders of record at the close of business on December 31, 2005.
Host Marriott Corporation is a Fortune 500 lodging real estate company that currently owns or holds controlling interests in 107 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).
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