Dalata Hotel Group plc (LON:DAL) Declares Dividend of €0.08

Dalata Hotel Group plc (LON:DALGet Free Report) announced a dividend on Thursday, February 29th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 4th will be paid a dividend of €0.08 ($0.09) per share on Wednesday, May 1st. This represents a yield of 1.69%. The ex-dividend date is Thursday, April 4th. This is an increase from Dalata Hotel Group’s previous dividend of $0.04. The official announcement can be viewed at this link.

Dalata Hotel Group Trading Down 1.6 %

Shares of DAL opened at GBX 366 ($4.59) on Wednesday. The firm’s 50 day simple moving average is GBX 393.96 and its 200 day simple moving average is GBX 378.44. The company has a market capitalization of £817.86 million, a P/E ratio of 1,094.12 and a beta of 1.60. The company has a debt-to-equity ratio of 68.42, a current ratio of 0.69 and a quick ratio of 0.70. Dalata Hotel Group has a 1-year low of GBX 324 ($4.07) and a 1-year high of GBX 436 ($5.47).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 510 ($6.40) target price on shares of Dalata Hotel Group in a research note on Thursday, February 29th.

Read Our Latest Research Report on DAL

About Dalata Hotel Group

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Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.

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Dividend History for Dalata Hotel Group (LON:DAL)

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