Host Announces Quarterly Dividends on Common and Preferred Stock
SEPTEMBER 18, 2008. Host Hotels & Resorts, Inc. (NYSE:HST) today announced that its Board of Directors authorized a regular quarterly cash dividend of $0.20 per share on the Company's common stock.
The dividend is payable on October 15, 2008 to stockholders of record on September 30, 2008. As previously announced, the Company intends to pay this regular quarterly common dividend of $0.20 per share going forward, and, in addition, to declare a special dividend during the fourth quarter, the amount of which is expected to vary depending on the Company's estimated taxable income.
The Company also declared a cash dividend of $0.5546875 per share on its Class E cumulative redeemable preferred stock for the third quarter of 2008. The preferred dividend is payable on October 15, 2008 to stockholders of record on September 30, 2008.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
