Sun, Aug 2, 2015
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.

banner
August 2015
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930
31