Luxury hotel and resort operator Strategic Hotels & Resorts (UNKNOWN:BEE.DL) announced yesterday its second-quarter dividend on three series of cumulative redeemable preferred stock.

  • 8.5% Series A --  $0.53125 per share
  • 8.25% Series B -- $0.51563 per share
  • 8.25% Series C -- $0.51563 per share

The board of directors said the quarterly dividends are payable on July 1 to the holders of record at the close of business on June 14. Strategic Hotels & Resorts does not pay a regular dividend on its common stock.

link

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.