Choice Hotels International, Inc. (NYSE:CHH – Get Free Report) declared a quarterly dividend on Wednesday, February 25th. Investors of record on Wednesday, April 1st will be given a dividend of 0.2875 per share on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, April 1st.
Choice Hotels International has raised its dividend payment by an average of 0.4%annually over the last three years. Choice Hotels International has a dividend payout ratio of 15.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Choice Hotels International to earn $7.41 per share next year, which means the company should continue to be able to cover its $1.15 annual dividend with an expected future payout ratio of 15.5%.
Choice Hotels International Price Performance
CHH traded up $0.04 during trading on Thursday, reaching $107.47. 81,067 shares of the stock were exchanged, compared to its average volume of 732,297. The business’s 50 day moving average price is $104.02 and its two-hundred day moving average price is $103.53. The company has a debt-to-equity ratio of 10.52, a current ratio of 0.87 and a quick ratio of 0.87. The company has a market capitalization of $4.94 billion, a price-to-earnings ratio of 13.57, a P/E/G ratio of 5.07 and a beta of 0.76. Choice Hotels International has a 1 year low of $84.04 and a 1 year high of $148.02.
About Choice Hotels International
Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.
Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.
See Also
- Five stocks we like better than Choice Hotels International
- ALERT: Drop these 5 stocks before the market opens tomorrow!
- MAJOR BUY ALERT: Mar-a-Lago/Trump/Elon
- Gilder: Don’t Buy AI Stocks, Do This Instead
- REVEALED: Something Big Happening Behind White House Doors
- Read this or regret it forever
Receive News & Ratings for Choice Hotels International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Hotels International and related companies with MarketBeat.com's FREE daily email newsletter.
