Aktis Oncology Prices Upsized IPO at $18, Raising $318 Million in Major Biotech Debut 
Stellantis to End Plug-In Hybrid Sales in the U.S. as Demand Shifts Toward Traditional Hybrids 
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
Johnson & Johnson Secures Tariff Exemption by Agreeing to Lower Drug Prices in the U.S. 
Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny 
AustralianSuper Backs BlueScope Steel’s Rejection of $9 Billion Takeover Bid 
GM Takes $6 Billion EV Write-Down as Electric Vehicle Demand Slows in the U.S. 
Trump Weighs Blocking Exxon Investment as Venezuela Deemed “Uninvestable” 
Chevron Seeks Expanded U.S. License to Boost Venezuelan Oil Exports Amid Sanctions Talks 
China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges 
Hanwha Ocean Shares Rise on Plans to Expand U.S. Shipbuilding Capacity 
BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand 
xAI Cash Burn Highlights the High Cost of Competing in Generative AI 
Trump Considers Starlink to Restore Internet Access in Iran Amid Protests 
Boeing 737 MAX 10 Advances in FAA Testing as Certification Delays Continue 
FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites 
BETHESDA, Md., March 21, 2017 -- Condor Hospitality Trust, Inc. (NASDAQ:CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that its Board of Directors has declared a common stock dividend of $0.195 per share for the first quarter of 2017. This represents $0.78 per share on an annualized basis. The dividend will be payable on April 7, 2017 to shareholders of record as of March 31, 2017.
“We are pleased to declare and pay a first quarter dividend to the holders of our common stock of $0.195 per share, which represents our fourth consecutive quarterly dividend since reinstating common distributions in July of 2016,” said Bill Blackham, Condor’s Chief Executive Officer. “The Board of Directors intends to continue to review all circumstances in the future and consider the payment of common stock dividends, if permitted and in amounts it deems appropriate,” Mr. Blackham continued.
About Condor Hospitality Trust, Inc.
Condor Hospitality Trust, Inc. (NASDAQ:CDOR), is a self-administered real estate investment trust incorporated in the state of Maryland that specializes in the investment and ownership of upper midscale and upscale, premium-branded select-service, extended stay and limited-service hotels. The Company currently owns 19 hotels in 12 states. Condor’s hotels are franchised by a number of the industry’s most well-regarded brand families including Hilton, Marriott/Starwood, InterContinental Hotels Group, Choice, and Wyndham. For more information or to make a hotel reservation, visit www.condorhospitality.com.
Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statement. These risks are discussed in the Company’s filings with the Securities and Exchange Commission.
Contact: Jonathan J. Gantt Chief Financial Officer & Senior Vice President [email protected] (301) 861-3305
