Hyatt Hotels Corporation (H) To Go Ex-Dividend on March 2nd

Hyatt Hotels Corporation (NYSE:H) declared a quarterly dividend on Thursday, February 12th. Shareholders of record on Monday, March 2nd will be given a dividend of 0.15 per share on Thursday, March 12th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, March 2nd.

Hyatt Hotels has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Hyatt Hotels has a dividend payout ratio of 18.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Hyatt Hotels to earn $4.25 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 14.1%.

Hyatt Hotels Stock Down 5.7%

Shares of Hyatt Hotels stock opened at $161.47 on Friday. The company has a 50-day moving average of $164.49 and a 200 day moving average of $153.97. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.75 and a quick ratio of 0.75. Hyatt Hotels has a 1 year low of $102.43 and a 1 year high of $180.53. The firm has a market cap of $15.25 billion, a price-to-earnings ratio of -288.34, a PEG ratio of 2.00 and a beta of 1.27.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, February 12th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $1.04. The business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.78 billion. Hyatt Hotels had a negative net margin of 0.73% and a positive return on equity of 5.53%. During the same quarter in the prior year, the business earned $0.42 EPS. As a group, sell-side analysts anticipate that Hyatt Hotels will post 3.05 earnings per share for the current fiscal year.

About Hyatt Hotels

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.