Covivio Hotels specialises in holding lease properties in the hotel industry. Société d'Investissements Immobiliers Cotée (SIIC), real estate partner of leading hotel industry operators, Covivio Hotels holds a portfolio worth 6.6 billion. Covivio Hotels is rated BBB+/Stable outlook by Standard and Poor's.
Covivio Hotels Dividend Announcement
• Covivio Hotels announced a annually dividend of €1.30 per ordinary share which will be made payable on . Ex dividend date: 2024-04-17 • Covivio Hotels annual dividend for 2024 was €1.30 • Covivio Hotels annual dividend for 2023 was €1.25 • Covivio Hotels's trailing twelve-month (TTM) dividend yield is 7.03% • Covivio Hotels's payout ratio for the trailing twelve months (TTM) is 324.64% • Covivio Hotels's dividend growth over the last five years (2018-2023) was -4.21% year • Covivio Hotels's dividend growth over the last ten years (2013-2023) was -1.81% year
Covivio Hotels current trailing twelve-month (TTM) dividend yield is 7.03%. Interested in purchasing Covivio Hotels stock? Use our calculator to estimate your expected dividend yield:
Covivio Hotels Financial Ratios
P/E ratio46.20
PEG ratio9.84
P/B ratio0.82
ROE1.77%
Payout ratio324.64%
Current ratio1.55
Quick ratio1.54
Cash Ratio0.69
Covivio Hotels Dividend FAQ
How much is the next Covivio Hotels dividend?
Covivio Hotels's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Covivio Hotels dividend. The next Covivio Hotels dividend will be released in April.
When is Covivio Hotels dividend paid?
Covivio Hotels pays dividends on a annually basis. The specific dates may vary each year but are generally around April. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Covivio Hotels pay?
The specific amount of Covivio Hotels dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Covivio Hotels's dividend history.
Does Covivio Hotels stock pay dividends?
Yes, Covivio Hotels does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Covivio Hotels's dividend history.
How much dividend does Covivio Hotels pay?
Covivio Hotels paid €1.3 in 2024, €1.25 in 2023, €0.65 in 2022, €0.26 in 2021, and €3.1 in 2020.
How often does Covivio Hotels pay dividends?
Covivio Hotels typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Covivio Hotels's dividend yield?
The current dividend yield for Covivio Hotels is 7.03%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Covivio Hotels's exact dividend yield.
When does Covivio Hotels go ex dividend?
Covivio Hotels's ex-dividend date for the latest dividend was on 2024-04-17. Covivio Hotels typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Covivio Hotels dividend paid?
Covivio Hotels pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Covivio Hotels increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Covivio Hotels will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Covivio Hotels dividend per share?
Covivio Hotels paid €1.3 per share in 2024 and €1.25 per share in 2023. The amount of dividend per share that Covivio Hotels pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Covivio Hotels a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Covivio Hotels a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Covivio Hotels a dividend stock?
Yes, Covivio Hotels is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Covivio Hotels a good dividend stock?
Whether Covivio Hotels is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Covivio Hotels has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Covivio Hotels as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Covivio Hotels pay dividends monthly?
Covivio Hotels typically pays dividends on a annually basis.
Does Covivio Hotels pay dividends quarterly?
Covivio Hotels currently pays dividends on a annually basis.
Has Covivio Hotels ever paid a dividend?
Yes, Covivio Hotels has a history of paying dividends to its shareholders. Covivio Hotels is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Covivio Hotels dividend stocks?
To buy Covivio Hotels you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Covivio Hotels stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Covivio Hotels pay dividends 2024?
Covivio Hotels pays dividends on a annually basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Covivio Hotels increase its dividend in 2024?
Decisions regarding Covivio Hotels dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Covivio Hotels dividend overview you can look into the above table of dividend history.
How Covivio Hotels dividend works?
The Covivio Hotels dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Covivio Hotels's dividend process works:
1. Determination of Dividend: Covivio Hotels's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Covivio Hotels publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Covivio Hotels distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Covivio Hotels are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Covivio Hotels dividends paid?
Covivio Hotels dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Covivio Hotels sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Covivio Hotels distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Covivio Hotels declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Covivio Hotels pay dividends?
Covivio Hotels typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Covivio Hotels pay dividends?
The general pattern is that Covivio Hotels pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Covivio Hotels dividend safe?
The safety of Covivio Hotels's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Covivio Hotels's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Covivio Hotels's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.