GERMANTOWN, TN Equity Inns, a hotel real estate investment trust, has declared quarterly cash dividends of $0.25 per common share and $0.59375 per preferred share for the first quarter. The common dividend is payable May 1, 2001, and the preferred dividend is payable April 30, 2001, to common and preferred shareholders of record on March 30, 2001.
Seperately, the company announced that it will hold its annual meeting at 10 a.m. CT on Thursday, May 10, 2001, at the Homewood Suites Hotel here. The record date for determination of shareholders entitled to vote at the meeting is March 14. (3/9/01)