DALLAS- Meditrust Corp. announced that it is unlikely the company will pay a dividend on its common shares for the year 2000. This dividend update is consistent with the companys Five Point Plan of reorganization announced in January 2000, which stated that Meditrust would distribute the minimum dividend required to maintain REIT status.
Meditrust owns the La Quinta Inns brand, which owns and operates 230 Inns and 70 Inn & Suites in 28 states. (9/12/00)