DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment.
DiamondRock Hospitality Dividend Announcement
• DiamondRock Hospitality announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-30
• DiamondRock Hospitality annual dividend for 2024 was $0.09
• DiamondRock Hospitality annual dividend for 2023 was $0.12
• DiamondRock Hospitality's trailing twelve-month (TTM) dividend yield is 1.28%
• DiamondRock Hospitality's payout ratio for the trailing twelve months (TTM) is 52.35%
DiamondRock Hospitality Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.03 | quarterly | 2024-10-11 |
2024-06-28 | $0.03 | quarterly | 2024-07-12 |
2024-03-27 | $0.03 | quarterly | 2024-04-12 |
2023-12-28 | $0.03 | quarterly | 2024-01-11 |
2023-09-28 | $0.03 | quarterly | 2023-10-12 |
2023-06-29 | $0.03 | quarterly | 2023-07-12 |
2023-03-30 | $0.03 | quarterly | 2023-04-12 |
2022-12-29 | $0.06 | quarterly | 2023-01-12 |
2022-09-29 | $0.03 | quarterly | 2022-10-12 |
2019-12-31 | $0.12 | quarterly | 2020-01-13 |
2019-09-27 | $0.12 | quarterly | 2019-10-11 |
2019-06-27 | $0.12 | quarterly | 2019-07-12 |
2019-03-28 | $0.12 | quarterly | 2019-04-12 |
2019-01-03 | $0.12 | quarterly | 2019-01-14 |
2018-09-27 | $0.12 | quarterly | 2018-10-12 |
2018-06-28 | $0.12 | quarterly | 2018-07-12 |
2018-03-28 | $0.12 | quarterly | 2018-04-12 |
2017-12-28 | $0.12 | quarterly | 2018-01-12 |
2017-09-28 | $0.12 | quarterly | 2017-10-12 |
2017-06-28 | $0.12 | quarterly | 2017-07-12 |
2017-03-29 | $0.12 | quarterly | 2017-04-12 |
2016-12-28 | $0.12 | quarterly | 2017-01-12 |
2016-09-28 | $0.12 | quarterly | 2016-10-12 |
2016-06-28 | $0.12 | quarterly | 2016-07-12 |
2016-03-29 | $0.12 | quarterly | 2016-04-12 |
2015-12-29 | $0.12 | quarterly | 2016-01-12 |
2015-09-28 | $0.12 | quarterly | 2015-10-13 |
2015-06-26 | $0.12 | quarterly | 2015-07-14 |
2015-03-27 | $0.12 | quarterly | 2015-04-10 |
2014-12-29 | $0.10 | quarterly | 2015-01-12 |
2014-09-26 | $0.10 | quarterly | 2014-10-10 |
2014-06-26 | $0.10 | quarterly | 2014-07-10 |
2014-03-27 | $0.10 | quarterly | 2014-04-10 |
2013-12-27 | $0.09 | quarterly | 2014-01-10 |
2013-09-26 | $0.09 | quarterly | 2013-10-10 |
2013-06-26 | $0.09 | quarterly | 2013-07-11 |
2013-03-26 | $0.09 | quarterly | 2013-04-12 |
2012-12-27 | $0.08 | quarterly | 2013-01-10 |
2012-09-05 | $0.08 | quarterly | 2012-09-19 |
2012-05-11 | $0.08 | quarterly | 2012-05-29 |
2012-03-21 | $0.08 | quarterly | 2012-04-04 |
2011-12-28 | $0.08 | quarterly | 2012-01-10 |
2011-09-07 | $0.08 | quarterly | 2011-09-20 |
2011-06-15 | $0.08 | quarterly | 2011-06-27 |
2011-03-23 | $0.08 | quarterly | 2011-04-07 |
DiamondRock Hospitality Dividend per year
DiamondRock Hospitality Dividend growth
DiamondRock Hospitality Dividend Yield
DiamondRock Hospitality current trailing twelve-month (TTM) dividend yield is 1.28%. Interested in purchasing DiamondRock Hospitality stock? Use our calculator to estimate your expected dividend yield:
DiamondRock Hospitality Financial Ratios
DiamondRock Hospitality Dividend FAQ
Other factors to consider when evaluating DiamondRock Hospitality 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.
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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.
1. Determination of Dividend: DiamondRock Hospitality'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, DiamondRock Hospitality 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, DiamondRock Hospitality 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 DiamondRock Hospitality 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.
1. Record Date: DiamondRock Hospitality 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, DiamondRock Hospitality distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DiamondRock Hospitality 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.
To assess the safety of DiamondRock Hospitality'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 DiamondRock Hospitality'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.