Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Free Report) declared a quarterly dividend on Wednesday, February 18th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.20 per share on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Tuesday, March 31st.
Host Hotels & Resorts has increased its dividend by an average of 0.4%per year over the last three years and has increased its dividend annually for the last 2 consecutive years. Host Hotels & Resorts has a payout ratio of 98.8% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities research analysts expect Host Hotels & Resorts to earn $1.94 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 41.2%.
Host Hotels & Resorts Stock Down 3.0%
HST stock opened at $18.84 on Friday. The stock has a market capitalization of $12.96 billion, a P/E ratio of 17.13, a P/E/G ratio of 2.19 and a beta of 1.13. The firm has a 50-day simple moving average of $19.27 and a 200-day simple moving average of $18.08. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.77. Host Hotels & Resorts has a 52 week low of $12.22 and a 52 week high of $21.00.
About Host Hotels & Resorts
Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.
The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.
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