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DiamondRock Hospitality Co. Dividend Announcement

(NYSE:DRH), www.drhc.com

DIVIDEND ANNOUNCEMENT: DiamondRock Hospitality Co. (NYSE:DRH) on 09/14/2018 declared a dividend of $0.1250 per share

September 14, 2018

DiamondRock Hospitality Co. (NYSE:DRH) on 09/14/2018 declared a dividend of $ 0.1250 per share payable on October 12, 2018 to shareholders of record as of September 28, 2018.

DiamondRock Hospitality Co. (NYSE:DRH) has paid dividends since 2005, has a current dividend yield of 4.20% and has increased its dividends for 0 successive years.

DiamondRock Hospitality Co.'s market cap is $ 2,473,307,900 and has a PE ratio of 29.75. The stock price closed yesterday at $ 11.90 and has a 52 week low/high of $ 9.87 and $ 12.99.

DiamondRock Hospitality is a lodging-focused real estate investment trust (REIT) company that owns a portfolio of hotels and resort. As of Dec 31 2016, Co. owned 26 hotels and resorts that contain 9,472 guest rooms located throughout North America and the U.S. Virgin Islands. Co.'s hotels are concentrated in key gateway cities and in destination resort locations and the majority of its hotels are operated under a brand owned by one of the lodging brand companies (Marriott International, Inc., or Hilton Worldwide). Co. conducts its business through an umbrella partnership REIT, in which its hotel properties are owned by its operating partnership, DiamondRock Hospitality Limited Partnership.

For more information on DiamondRock Hospitality Co. click here.

DiamondRock Hospitality Co. current dividend information as per the date of this press release is:
Dividend Declaration Date: September 14, 2018
Dividend Ex Date: September 27, 2018
Dividend Record Date: September 28, 2018
Dividend Payment Date: October 12, 2018
Dividend Amount: $ 0.1250
 
 

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