DIVIDEND ANNOUNCEMENT: DiamondRock Hospitality Co. (NYSE:DRH) on 03/02/2023 declared a dividend of $0.0300 per share

DiamondRock Hospitality Co. (NYSE:DRH) on 03/02/2023 declared a dividend of $ 0.0300 per share payable on April 12, 2023 to shareholders of record as of March 31, 2023.

DiamondRock Hospitality Co. (NYSE:DRH) has paid dividends since 2005, has a current dividend yield of 1.3793103695% and has increased its dividends for 0 successive years.

DiamondRock Hospitality Co.'s market cap is $ 1,823,111,100 and has a PE ratio of 23.51. The stock price closed yesterday at $ 8.70 and has a 52 week low/high of $ 7.18 and $ 11.15.

DiamondRock Hospitality is a lodging-focused real estate investment (REIT) company that owns a portfolio of hotels and resort. Co.'s 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, or subsidiaries of its operating partnership. Co. is the sole general partner of its operating partnership and owns, either directly or indirectly, all of the limited partnership units of its operating partnership.

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