Choice Hotels International Ups Dividend.
Travel & Leisure Close-Up, September, 2008
TRAVEL AND LEISURE CLOSE-UP-16 September 2008-Choice Hotels International Ups Dividend(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com
Choice Hotels International announced that its Board of Directors has approved a 9 percent increase in the quarterly cash dividend on the company's common stock, representing an increase from $0.17 to $0.185 per share, effective with the dividend payable on October 17, to shareholders of record on October 3.
The increase will result in a projected annual dividend of $0.74 per share for the twelve month period commencing with the fourth quarter of 2008 through and including the third quarter of 2009. The increase represents a 9 percent increase from the dividend per...
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