InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. InnSuites® Hotels and Suites has owned real estate and hotels and provided hotel services including management, branding, and reservations to hotels under the brand name InnSuites trademarked and owned by IHT over 40 years by being innovators for guest needs and recognizing hotel membership demands.
InnSuites Hospitality Trust Dividend Announcement
• InnSuites Hospitality Trust announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-19
• InnSuites Hospitality Trust annual dividend for 2024 was $0.02
• InnSuites Hospitality Trust annual dividend for 2023 was $0.02
• InnSuites Hospitality Trust's trailing twelve-month (TTM) dividend yield is 0.93%
• InnSuites Hospitality Trust's payout ratio for the trailing twelve months (TTM) is -32.72%
• InnSuites Hospitality Trust's dividend growth over the last five years (2018-2023) was 14.87% year
InnSuites Hospitality Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | $0.01 | semi annually | 2024-07-31 |
2024-01-19 | $0.01 | semi annually | 2024-02-05 |
2023-07-19 | $0.01 | semi annually | 2023-07-31 |
2023-01-19 | $0.01 | semi annually | 2023-02-03 |
2022-07-14 | $0.01 | semi annually | 2022-07-29 |
2022-01-14 | $0.01 | semi annually | 2022-01-31 |
2021-07-14 | $0.01 | semi annually | 2021-07-30 |
2021-01-14 | $0.01 | semi annually | 2021-01-29 |
2020-07-15 | $0.01 | semi annually | 2020-07-31 |
2020-01-16 | $0.01 | semi annually | 2020-01-31 |
2019-07-18 | $0.01 | semi annually | 2019-07-31 |
2019-01-09 | $0.01 | semi annually | 2019-01-30 |
2018-08-07 | $0.01 | semi annually | 2018-07-31 |
2017-12-19 | $0.01 | semi annually | 2018-01-31 |
2017-06-30 | $0.01 | semi annually | 2017-07-31 |
2017-01-10 | $0.01 | semi annually | 2017-01-27 |
2016-01-13 | $0.01 | semi annually | 2016-01-29 |
2015-01-14 | $0.01 | semi annually | 2015-01-30 |
2014-01-21 | $0.01 | semi annually | 2014-01-31 |
2012-01-19 | $0.01 | semi annually | 2012-01-31 |
InnSuites Hospitality Trust Dividend per year
InnSuites Hospitality Trust Dividend growth
InnSuites Hospitality Trust Dividend Yield
InnSuites Hospitality Trust current trailing twelve-month (TTM) dividend yield is 0.93%. Interested in purchasing InnSuites Hospitality Trust stock? Use our calculator to estimate your expected dividend yield:
InnSuites Hospitality Trust Financial Ratios
InnSuites Hospitality Trust Dividend FAQ
Other factors to consider when evaluating InnSuites Hospitality Trust 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: InnSuites Hospitality Trust'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, InnSuites Hospitality Trust 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, InnSuites Hospitality Trust 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 InnSuites Hospitality Trust 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: InnSuites Hospitality Trust 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, InnSuites Hospitality Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: InnSuites Hospitality Trust 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 InnSuites Hospitality Trust'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 InnSuites Hospitality Trust'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.