BETHESDA, Md. Oct. 15, 2003 LaSalle Hotel Properties (NYSE:LHO) today announced its monthly dividends of $0.07 per share of its common shares of beneficial interest for each of the months of October, November and December 2003.
The October dividend will be paid on November 14, 2003 to common shareholders of record on October 31, 2003; the November dividend will be paid on December 15, 2003 to common shareholders of record on November 28, 2003; and the December dividend will be paid on January 15, 2004 to common shareholders of record on December 31, 2003. This represents a 4.6% annualized yield based on the Company's closing share price on October 15, 2003.
LaSalle Hotel Properties is a leading multi-tenant, multi-operator real estate investment trust, which owns interests in 17 upscale and luxury full-service hotels, totaling approximately 5,600 guest rooms in 12 markets in 10 states and the District of Columbia.
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