FelCor Lodging Trust Incorporated (NYSE:FCH) had declared a cash dividend of $0.4875 on Jun 30, 2016. The shares will quote ex-dividend on Jul 13, 2016 and the record date has been fixed for Jul 15, 2016. On Jun 30, 2016 share price, the yield comes out to be 31.3002%. The dividend payable date has been fixed on Jul 29, 2016.
FelCor Lodging Trust Incorporated (FCH) shares turned negative on Tuesdays trading session with the shares closing down -0.36 points or -5.53% at a volume of 9,56,647. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $6.54. The peak price level was also seen at $6.54 while the days lowest was $6.04. Finally the shares closed at $6.15. The 52-week high of the shares is $10.87 while the 52-week low is $5.47. According to the latest information available, the market cap of the company is $855 M.
FelCor Lodging Trust Incorporated(FCH) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $210.14M. Analysts had an estimated revenue of $204.07M. Earnings per share were $0.14. Analysts had estimated an EPS of $0.15.
Several Insider Transactions has been reported to the SEC. On May 18, 2016, Mark D Rozells (director) purchased 10,000 shares at $6.89 per share price.Also, On Apr 5, 2016, Robert F Cotter (director) sold 12,596 shares at $8.00 per share price.On Mar 4, 2016, Jonathan H Yellen (EVP, GC & Secretary) sold 12,000 shares at $8.00 per share price, according to the Form-4 filing with the securities and exchange commission.
FelCor Lodging Trust Incorporated (FelCor) is a real estate investment trust (REIT). FelCor owns a portfolio of primarily upper-upscale and luxury hotels and resorts. As of December 31 2014 FelCor is the sole general partner of and the owner of a greater than 99% partnership interest in FelCor Lodging Limited Partnership (FelCor LP)through which the Company held ownership interests in 48 hotels with 14435 rooms. The Company sells acquires rebrands and redevelops hotels. The Company owns DoubleTree by Hilton DoubleTree Suites by Hilton Embassy Suites Hotels Fairmont Hilton Holiday Inn Marriott Morgans Renaissance Royalton Sheraton Sheraton Suites Walt Disney World Westin Wyndham and Wyndham Grand.