DIVIDEND ANNOUNCEMENT: Choice Hotels International, Inc. (NYSE:CHH) on 12/07/2023 declared a dividend of $0.2875 per share

Choice Hotels International, Inc. (NYSE:CHH) on 12/07/2023 declared a dividend of $ 0.2875 per share payable on January 17, 2024 to shareholders of record as of January 02, 2024.

Choice Hotels International, Inc. (NYSE:CHH) has paid dividends since 2004, has a current dividend yield of 1.0402532816% and has increased its dividends for 1 successive years.

Choice Hotels International, Inc.'s market cap is $ 5,505,279,450 and has a PE ratio of 19.81. The stock price closed yesterday at $ 110.55 and has a 52 week low/high of $ 109.19 and $ 136.02.

Choice Hotels International is primarily a hotel franchisor. Co.'s primary segment is the hotel franchising business. Co.'s domestic operations are conducted through direct franchising relationships and the ownership of several Cambria hotels, while its international franchise operations are conducted through a combination of direct franchising and master franchising or master development (collectively, master franchising) relationships. Master franchising relationships are governed by master franchising agreements which generally provide the master franchisee with the right to use Co.'s brands and sub-license the use of its brands in a specific geographic region, usually for a fee.

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