Starwood Announces Regular Quarterly Dividend and Special Dividend

. November 24, 2014

November 24, 2014 - 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.

In addition, Starwood declared a special dividend of $0.65 per share. The special dividend will be payable on December 29, 2014 to stockholders of record on December 8, 2014. This is the fourth and final special dividend to be paid to stockholders in connection with the previously announced realization of approximately $500 million in net cash after capital expenditures from the completion of the St. Regis Bal Harbour residential project and sale of the hotel.

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 1,200 properties in 100 countries and 181,400 employees at its owned and managed properties

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