Tempe, Arizona (PRWEB) December 19, 2009
International Leisure Hosts, Ltd. (ILHL), owner and operator of Flagg Ranch Resort, a full-service resort motel and trailer park located in the John D. Rockefeller Jr. Memorial Parkway, near Grand Teton and Yellowstone National Parks, announced today that the Company's Board of Directors has declared a special cash dividend of $2.25 per common share. The dividend will be payable December 30, 2009 to shareholders of record as of the close of business on December 21, 2009.
Robert L. Walker, Chairman of the Board at International Leisure Hosts, said "As a consequence of recent negotiations with the National Park Service regarding the value of the possessory interest in our buildings and improvements, we are pleased to declare our third cash dividend to our shareholders."
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