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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.09 | annually | 2024-10-23 |
2022-01-13 | $0.75 | annually | 2022-01-30 |
2021-12-30 | $0.53 | annually | 2022-01-21 |
2019-12-23 | $0.25 | annually | 2019-12-30 |
2019-02-05 | $0.30 | annually | 2019-02-22 |
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
GreenTree Hospitality Dividend FAQ
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.
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