Fri, Aug 29, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Performance, REITs more

REITs to cut dividends, pay off debt

Posted on 30 October 2008

From WSJ: More real-estate investment trusts are expected to sacrifice their dividends as broader market turmoil drains their liquidity and hinders debt refinancing.

LaSalle Hotel Properties said last week that it cut its annual dividend by 51% to provide $100 million in liquidity over the next 26 months. The hotel REIT, whose shares have fallen more than 70% so far this year, is considered to be in the vanguard. …. Full Article: Source b


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031