DRH DiamondRock Hospitality dividend history, payout ratio & dates
DiamondRock Hospitality's last dividend payment of $0.03 per share was made to shareholders on record before Sep 30, 2024. The dividend payment stands at $0.12 per share annually, which equates to a dividend yield of 1.31%.
Key dates
- DRH last dividend date: Sep 30, 2024
DRH dividend stats
vs. Real Estate sector
Dividend yield
DiamondRock Hospitality's dividend yield of 1.31% is below the Real Estate sector and the industry average. In comparison with its Real Estate sector average of 5.99%, DiamondRock Hospitality's dividend yield is 78% lower.
Dividend history
DiamondRock Hospitality has a dividend history dating as far as 2005, but lately the company has been paying dividends for the last two consecutive years. According to our records DRH has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 12% from a year ago, the dividend yield marks a decrease of 11%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.03 | 1.37% |
| Jun 28, 2024 | $0.03 | 1.42% |
| Mar 27, 2024 | $0.03 | 1.25% |
| Dec 28, 2023 | $0.03 | 1.26% |
| Sep 28, 2023 | $0.03 | 1.48% |
| Jun 29, 2023 | $0.03 | 1.5% |
| Mar 30, 2023 | $0.03 | 1.15% |
| Dec 29, 2022 | $0.03 | 0.74% |
| Sep 29, 2022 | $0.03 | 0.4% |
| Dec 31, 2019 | $0.125 | 4.51% |
| Sep 27, 2019 | $0.125 | 4.86% |
| Jun 27, 2019 | $0.125 | 4.83% |
| Mar 28, 2019 | $0.125 | 4.55% |
| Jan 3, 2019 | $0.125 | 5.68% |
| Sep 27, 2018 | $0.125 | 4.3% |
| Jun 28, 2018 | $0.125 | 4.13% |
| Mar 28, 2018 | $0.125 | 4.71% |
| Dec 28, 2017 | $0.125 | 4.37% |
| Sep 28, 2017 | $0.125 | 4.56% |
| Jun 28, 2017 | $0.125 | 4.4% |
| Mar 29, 2017 | $0.125 | 4.57% |
| Dec 28, 2016 | $0.125 | 4.4% |
| Sep 28, 2016 | $0.125 | 5.56% |
| Jun 28, 2016 | $0.125 | 5.77% |
| Mar 29, 2016 | $0.125 | 5.08% |
| Dec 29, 2015 | $0.125 | 4.93% |
| Sep 28, 2015 | $0.125 | 4.42% |
| Jun 26, 2015 | $0.125 | 3.48% |
| Mar 27, 2015 | $0.125 | 3.09% |
DiamondRock Hospitality dividend payout ratio
Payout ratio
DiamondRock Hospitality's payout ratio of 42.9% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 121%, DiamondRock Hospitality's payout ratio is 65% lower.
Total amount of dividends paid per financial year (from cash flow)
DRH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EGP Eastgroup Properties Inc | 3.08% | $5.21 | 107% |
| WY Weyerhaeuser Co | 3.04% | $0.93 | 125.7% |
| ELS Equity Lifestyle Properties Inc | 2.65% | $1.88 | 96.4% |
| DRH DiamondRock Hospitality Co | 1.31% | $0.12 | 42.9% |
| GEO Geo Group Inc | N/A | N/A | N/A |
Frequently asked questions
Does DiamondRock Hospitality pay a dividend?
Yes, DiamondRock Hospitality has paid four dividends in the last 12 months. DRH has been paying dividends since 2022.
When was DRH's last dividend?
DiamondRock Hospitality's last regular dividend was on Sep 30, 2024 (ex-date) with the amount of $0.03 per share.
How much dividend does DiamondRock Hospitality pay (per share)?
DRH has paid dividend of $0.12 per share in the last year.
What is DiamondRock Hospitality's dividend yield?
Currently DiamondRock Hospitality's dividend yield is 1.31%.
How often does DiamondRock Hospitality pay dividends?
DiamondRock Hospitality pays four dividends per year.
What is DiamondRock Hospitality's dividend payout ratio?
The dividend payout ratio of DiamondRock Hospitality is 42.9%.
Does DiamondRock Hospitality pay a good dividend?
DiamondRock Hospitality's dividend yield is lower than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.