CORRECTING and REPLACING Hospitality Properties Trust Announces Quarterly
CORRECTION...by Hospitality Properties Trust
NEWTON, Mass. -- January 10, 2013
First graph, second sentence of release should read: ...close of business on
January 31, 2013... (sted ...close of business on January 31, 2012...).
The corrected release reads:
HOSPITALITY PROPERTIES TRUST ANNOUNCES QUARTERLY COMMON DIVIDEND
Hospitality Properties Trust (NYSE: HPT) today announced a regular quarterly
common share distribution of $0.47 per common share ($1.88 per share per
year). This distribution will be paid to HPT’s common shareholders of record
as of the close of business on January 31, 2013 and distributed on or about
February 22, 2013.
Hospitality Properties Trust is a real estate investment trust, or REIT, which
owns or leases 289 hotels and 185 travel centers located in 44 states, Puerto
Rico and Canada. HPT is headquartered in Newton, Massachusetts.
WARNING REGARDING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF
THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES
LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON HPT’S PRESENT BELIEFS
AND EXPECTATIONS, BUT THESE STATEMENTS AND THE IMPLICATIONS OF THESE
STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR VARIOUS REASONS,
SOME OF WHICH ARE BEYOND HPT’S CONTROL. FOR EXAMPLE, THIS PRESS RELEASE STATES
THAT HPT’S DIVIDEND RATE WILL BE $0.47/SHARE PER QUARTER OR $1.88/SHARE PER
YEAR. A POSSIBLE IMPLICATION OF THIS STATEMENT IS THAT HPT WILL CONTINUOUSLY
PAY QUARTERLY DIVIDENDS OF $0.47/SHARE PER QUARTER OR $1.88/SHARE PER YEAR IN
THE FUTURE. HPT’S DIVIDEND RATES ARE SET AND RESET FROM TIME TO TIME BY HPT’S
BOARD OF TRUSTEES. THE HPT BOARD CONSIDERS MANY FACTORS WHEN SETTING DIVIDEND
RATES INCLUDING HPT’S HISTORICAL AND PROJECTED INCOME, NORMALIZED FUNDS FROM
OPERATIONS, THE THEN CURRENT AND EXPECTED NEEDS AND AVAILABILITY OF CASH TO
PAY HPT’S OBLIGATIONS, DISTRIBUTIONS WHICH MAY BE REQUIRED TO BE PAID TO
MAINTAIN HPT’S TAX STATUS AS A REAL ESTATE INVESTMENT TRUST AND OTHER FACTORS
DEEMED RELEVANT BY HPT’S BOARD OF TRUSTEES IN THEIR DISCRETION. ACCORDINGLY,
FUTURE DIVIDEND RATES MAY BE INCREASED OR DECREASED AND THERE IS NO ASSURANCE
AS TO THE RATE AT WHICH FUTURE DIVIDENDS WILL BE PAID. FOR THESE REASONS,
AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY
FORWARD LOOKING STATEMENTS IN THIS PRESS RELEASE.
A Maryland Real Estate Investment Trust with transferable shares of beneficial
interest listed on the New York Stock Exchange.
No shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.
Hospitality Properties Trust
Timothy A. Bonang, 617-796-8232
Vice President, Investor Relations
Carlynn Finn, 617-796-8232
Senior Manager, Investor Relations
Press spacebar to pause and continue. Press esc to stop.