Choice Hotels International, Inc. (NYSE:CHH – Get Free Report) announced a quarterly dividend on Wednesday, February 25th. Investors of record on Wednesday, April 1st will be paid a dividend of 0.2875 per share on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, April 1st.
Choice Hotels International has raised its dividend by an average of 0.4%per year over the last three years. Choice Hotels International has a dividend payout ratio of 15.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Choice Hotels International to earn $7.41 per share next year, which means the company should continue to be able to cover its $1.15 annual dividend with an expected future payout ratio of 15.5%.
Choice Hotels International Stock Up 0.2%
NYSE CHH opened at $100.78 on Monday. Choice Hotels International has a 12 month low of $84.04 and a 12 month high of $136.45. The company has a market capitalization of $4.63 billion, a P/E ratio of 12.72, a PEG ratio of 4.47 and a beta of 0.75. The company’s 50 day simple moving average is $104.02 and its 200 day simple moving average is $100.52. The company has a debt-to-equity ratio of 10.52, a current ratio of 0.87 and a quick ratio of 0.87.
About Choice Hotels International
Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.
Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.
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