LaSalle Hotel Properties (LHO) Increases Quarterly Dividend to $0.11; Yields 1.9%
LaSalle Hotel Properties (NYSE: LHO) announced that it increased its dividend to $0.11 per common share, $0.44 annualized. The dividend is a 1,000% increase over the previous annualized rate of $0.04.
The third quarter dividend will be paid on October 15, 2010 to common shareholders of record on September 30, 2010. The ex-dividend date is September 28, 2010.
Yield on the dividend is 1.9%.... Read more
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