HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Queensland Venue Company (QVC), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group. HPI's objective is to maximise the long term income and capital returns from its investments for the benefit of its Securityholders. Approximately 93% of the income is earned from the pubs leased to QVC and ALH. The remaining rental income is derived from Speciality Tenants leasing the On-site Specialty Stores. Specialty Tenants include a mix of franchisors and franchisees including 7-Eleven, Nightowl, Nando's, Subway, Noodle Box, The Good Guys and Quest Apartments. The Responsible Entity of the Trust is Hotel Property Investments Limited.
Hotel Property Investments Dividend Announcement
• Hotel Property Investments announced a semi annually dividend of A$0.07 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-10-30
• Hotel Property Investments annual dividend for 2024 was A$0.16
• Hotel Property Investments annual dividend for 2023 was A$0.19
• Hotel Property Investments's trailing twelve-month (TTM) dividend yield is 6.89%
• Hotel Property Investments's payout ratio for the trailing twelve months (TTM) is 15.41%
• Hotel Property Investments's dividend growth over the last five years (2018-2023) was -0.72% year
Hotel Property Investments Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-30 | A$0.07 | semi annually | 2024-11-20 |
2024-06-27 | A$0.10 | semi annually | 2024-09-06 |
2023-12-27 | A$0.10 | semi annually | 2024-03-01 |
2023-06-29 | A$0.09 | semi annually | 2023-09-01 |
2022-12-28 | A$0.09 | semi annually | 2023-03-03 |
2022-06-29 | A$0.10 | semi annually | 2022-09-02 |
2021-12-29 | A$0.10 | semi annually | 2022-03-04 |
2021-06-29 | A$0.10 | semi annually | 2021-09-03 |
2020-12-29 | A$0.10 | semi annually | 2021-03-05 |
2020-06-29 | A$0.10 | semi annually | 2020-09-04 |
2019-12-29 | A$0.10 | semi annually | 2020-03-04 |
2019-06-27 | A$0.10 | semi annually | 2019-09-06 |
2018-12-27 | A$0.10 | semi annually | 2019-03-06 |
2018-06-28 | A$0.10 | semi annually | 2018-09-06 |
2017-12-27 | A$0.10 | semi annually | 2018-03-05 |
2017-06-29 | A$0.10 | semi annually | 2017-09-06 |
2016-12-28 | A$0.22 | semi annually | 2017-03-06 |
2016-06-29 | A$0.09 | semi annually | 2016-09-09 |
2015-12-28 | A$0.09 | semi annually | 2016-03-04 |
2015-06-30 | A$0.08 | semi annually | 2015-09-11 |
2014-12-28 | A$0.08 | semi annually | 2015-03-06 |
2014-06-26 | A$0.09 | semi annually | 2014-09-18 |
Hotel Property Investments Dividend per year
Hotel Property Investments Dividend growth
Hotel Property Investments Dividend Yield
Hotel Property Investments current trailing twelve-month (TTM) dividend yield is 6.89%. Interested in purchasing Hotel Property Investments stock? Use our calculator to estimate your expected dividend yield:
Hotel Property Investments Financial Ratios
Hotel Property Investments Dividend FAQ
Other factors to consider when evaluating Hotel Property Investments 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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1. Determination of Dividend: Hotel Property Investments'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, Hotel Property Investments 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, Hotel Property Investments 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 Hotel Property Investments 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: Hotel Property Investments 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, Hotel Property Investments distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hotel Property Investments 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 Hotel Property Investments'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 Hotel Property Investments'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.