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GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2021, it operated 66 leased-and-operated hotels with 7,064 rooms; and had franchised-and-managed hotels network consisting of 4,593 hotels with 330,089 rooms covering 367 cities in China, and an additional 1,225 hotels with 91,887 rooms that were contracted for or under development. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China. GreenTree Hospitality Group Ltd. is a subsidiary of GreenTree Inns Hotel Management Group, Inc.

GreenTree Hospitality Dividend Announcement

GreenTree Hospitality announced a annually dividend of $0.09 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-09-30
GreenTree Hospitality annual dividend for 2024 was $0.09
GreenTree Hospitality's trailing twelve-month (TTM) dividend yield is 0.42%
GreenTree Hospitality's payout ratio for the trailing twelve months (TTM) is 2.58%

GreenTree Hospitality Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30$0.09annually2024-10-23
2022-01-13$0.75annually2022-01-30
2021-12-30$0.53annually2022-01-21
2019-12-23$0.25annually2019-12-30
2019-02-05$0.30annually2019-02-22

GreenTree Hospitality Dividend per year

GreenTree Hospitality Dividend Yield

GreenTree Hospitality current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing GreenTree Hospitality stock? Use our calculator to estimate your expected dividend yield:

GreenTree Hospitality Financial Ratios

P/E ratio69.69
PEG ratio0.48
P/B ratio1.32
ROE1.96%
Payout ratio2.58%
Current ratio1.49
Quick ratio1.48
Cash Ratio1.16

GreenTree Hospitality Dividend FAQ

Does GreenTree Hospitality stock pay dividends?
GreenTree Hospitality does not currently pay dividends to its shareholders.
Has GreenTree Hospitality ever paid a dividend?
No, GreenTree Hospitality has no a history of paying dividends to its shareholders. GreenTree Hospitality is not known for its dividend payments.
Why doesn't GreenTree Hospitality pay dividends?
There are several potential reasons why GreenTree Hospitality would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will GreenTree Hospitality ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While GreenTree Hospitality has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is GreenTree Hospitality a dividend aristocrat?
GreenTree Hospitality is not considered a Dividend Aristocrat. 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 GreenTree Hospitality a dividend king?
GreenTree Hospitality is not classified as a "Dividend King". 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 GreenTree Hospitality a dividend stock?
No, GreenTree Hospitality is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy GreenTree Hospitality stocks?
To buy GreenTree Hospitality 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy GreenTree Hospitality 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.