Sun, Feb 1, 2015, 1:15 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

FelCor Lodging Trust Incorporated Message Board

  • bubblerforever bubblerforever Aug 6, 2008 8:50 AM Flag

    Dividend cut price reaction

    About three or so years ago I panicked when EOP (Equity Office Propety reit) drastically cut their dividend by more than half to improve their debt equity situation. At that announcement of a cut, I sold my holdings in EOP at a loss and during the first couple days after the announcement the stock went down. FCH is pretty much in a similar situation. EOP at the time was the largest Office Reit. (it's been taken private since then) Within the next month or so after the dividend cut, EOP stock was trading 30% higher and I kicked myself for having sold. FCH seems to have good metrics and even showed us that July revpar was holding up well. I'm hanging with them this time. I think the annual loss of 80 cents in dividend will be recovered in a more than 80 cents increase in share price within a month from today's price. JMHO

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
FCH
10.01-0.23(-2.25%)Jan 30 4:08 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.