December 14, 2009 (FinancialWire) Choice Hotels International, Inc. (NYSE: CHH) said that its board of directors has declared a quarterly cash dividend of $0.185 per share of common stock. The dividend is payable on January 15, 2010 to shareholders of record on January 4, 2010.
Choice Hotels franchises more than 6,000 hotels in the United States and more than 35 other countries and territories.
As of September 30, the company had more than 700 hotels are under construction, awaiting conversion or approved for development in the United States, and more than 100 hotels, under construction, awaiting conversion or approved for development in more than 20 other countries and territories.
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