Sunstone Hotel Investors Dividends and Buybacks
Dividend criteria checks 4/6
Sunstone Hotel Investors is a dividend paying company with a current yield of 3.47% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
3.5%
Dividend yield
2.5%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | -8.4% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$0.360 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Sunstone Hotel Investors: 6.74% Preferred Shares Are Losing Appeal
Oct 28Sunstone Hotel: Better Wait For A Better Price
Jul 04Sunstone Hotel Investors: 7.2%-Yielding Preferred Shares Offer Great Risk/Reward
Jun 08Sunstone Hotel: The 7% Yielding Preferred Shares Are Still Interesting
Feb 24Sunstone Hotel Investors: Should You Buy The 2.76% Commons Dividend Yield?
Dec 09Sunstone Hotel Investors: I'm Still A Buyer Of The 7.5% Yielding Preferred Shares
Aug 08Sunstone Hotel Q4 2022 Earnings Preview
Feb 21Sunstone Hotel Q3 2022 Earnings Preview
Nov 07Sunstone Hotel resumes dividend, goes ex-dividend tomorrow
Sep 28Sunstone Hotel occupancy, ADR, RevPAR slide in August vs. July
Sep 14Sunstone Hotel gains after Blackstone takes stake in 13-F filing
Aug 16Sunstone Hotel GAAP FFO of $0.30 beats by $0.07, revenue of $251.28M beats by $27.15M
Aug 03Sunstone Hotel Investors completes $850M amended and restated credit agreement
Jul 27Sunstone Hotel Investors to replace Vonage in S&P SmallCap 600
Jul 19Sunstone Hotel Investors: An Important Revision
Mar 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHO's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sunstone Hotel Investors Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHO) | 3.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Hotel and Resort REITs) | 4.9% |
| Analyst forecast (SHO) (up to 3 years) | 4.0% |
Notable Dividend: SHO's dividend (3.47%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SHO's dividend (3.47%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58%), SHO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.7%), SHO's dividend payments are well covered by cash flows.