DiamondRock Hospitality Dividends and Buybacks
Dividend criteria checks 2/6
DiamondRock Hospitality is a dividend paying company with a current yield of 1.34% that is well covered by earnings.
Key information
1.3%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | -14.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.120 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
DiamondRock Hospitality: Wait For A Dip In The 8.25% Preferred Shares
Oct 20DiamondRock Hospitality: Solid Q2 Performance, Strategic Share Repurchases Signal Long-Term Potential
Aug 08DiamondRock Hospitality: Preferred Stock Offers A 7.1% Yield-To-Call For 18 Months
Feb 01DiamondRock Hospitality: Undervalued Thanks To Room Pricing Strategies And Hotel Enhancements
Aug 16DiamondRock Hospitality FFO of $0.23 beats by $0.02, revenue of $255.1M beats by $3.56M
Feb 21DiamondRock Hospitality prelim Q4 comparable revenue up 23% on strong travel demand
Jan 11DiamondRock Hospitality: Low LTV Ratio Makes 7.6% Yielding Preferreds Appealing
Dec 28DiamondRock Hospitality declares $0.03 dividend
Dec 07DiamondRock Hospitality FFO of $0.28 beats by $0.02, revenue of $268.21M beats by $9.11M
Nov 03DiamondRock Hospitality announces $200M buyback plan
Sep 30DiamondRock Hospitality: An 8.8% Yield To Call With The Preferred Shares
Sep 24DiamondRock Hospitality dips dividend -76% to $0.03/shares
Sep 01DiamondRock Hospitality appoints Justin Leonard as EVP and COO
Jul 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRH's dividend payments have been volatile in the past 10 years.
Growing Dividend: DRH's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| DiamondRock Hospitality Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRH) | 1.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Hotel and Resort REITs) | 5.2% |
| Analyst forecast (DRH) (up to 3 years) | 2.3% |
Notable Dividend: DRH's dividend (1.34%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: DRH's dividend (1.34%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), DRH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.4%), DRH's dividend payments are thoroughly covered by cash flows.