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DRH DiamondRock Hospitality dividend history, payout ratio & dates

DiamondRock Hospitality's last quarterly dividend payment of $0.03 per share was made to shareholders on record before Mar 27, 2024. The dividend payment stands at $0.12 per share annually, which equates to a dividend yield of 1.42%.

Key dates

  • DRH last dividend date: Mar 27, 2024
  • DRH next dividend date: Not announced
DRH dividend stats
DPS
$0.12
Dividend yield
1.42%
Payout ratio
33.3%
vs. Real Estate sector
Dividend yield
6.1%
Payout ratio
137.3%

Dividend yield

What is DiamondRock Hospitality current dividend yield

DiamondRock Hospitality's dividend yield of 1.42% is below the Real Estate sector and the industry average. In comparison with its Real Estate sector average of 6.1%, DiamondRock Hospitality's dividend yield is 77% lower.

Dividend history

What is DRH dividend payout history and dates

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.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 27, 2024 Apr 12, 2024 Mar 4, 2024 $0.03 normal
Dec 28, 2023 Jan 11, 2024 Dec 1, 2023 $0.03 normal
Sep 28, 2023 Oct 12, 2023 Sep 6, 2023 $0.03 normal
Jun 29, 2023 Jul 12, 2023 Jun 1, 2023 $0.03 normal
Mar 30, 2023 Apr 12, 2023 Mar 2, 2023 $0.03 normal
Dec 29, 2022 Jan 12, 2023 Dec 7, 2022 $0.03 special
Dec 29, 2022 Jan 12, 2023 Dec 7, 2022 $0.03 normal
Sep 29, 2022 Oct 12, 2022 Aug 2, 2022 $0.03 normal
Dec 31, 2019 Jan 13, 2020 Dec 17, 2019 $0.125 normal
Sep 27, 2019 Oct 11, 2019 Sep 16, 2019 $0.125 normal
Jun 27, 2019 Jul 12, 2019 Jun 14, 2019 $0.125 normal
Mar 28, 2019 Apr 12, 2019 Mar 15, 2019 $0.125 normal
Jan 3, 2019 Jan 14, 2019 Dec 20, 2018 $0.125 normal
Sep 27, 2018 Oct 12, 2018 Sep 14, 2018 $0.125 normal
Jun 28, 2018 Jul 12, 2018 Jun 1, 2018 $0.125 normal
Mar 28, 2018 Apr 12, 2018 Mar 19, 2018 $0.125 normal
Dec 28, 2017 Jan 12, 2018 Dec 13, 2017 $0.125 normal
Sep 28, 2017 Oct 12, 2017 Sep 18, 2017 $0.125 normal
Jun 28, 2017 Jul 12, 2017 Jun 2, 2017 $0.125 normal
Mar 29, 2017 Apr 12, 2017 Mar 15, 2017 $0.125 normal
Dec 28, 2016 Jan 12, 2017 Dec 15, 2016 $0.125 normal
Sep 28, 2016 Oct 12, 2016 Sep 13, 2016 $0.125 normal
Jun 28, 2016 Jul 12, 2016 Jun 1, 2016 $0.125 normal
Mar 29, 2016 Apr 12, 2016 Mar 14, 2016 $0.125 normal

DiamondRock Hospitality dividend payout ratio

What is DiamondRock Hospitality dividend payout ratio compared to the sector

Payout ratio

DiamondRock Hospitality's payout ratio of 33.3% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 137.3%, DiamondRock Hospitality's payout ratio is 76% lower.

Total amount of dividends paid per financial year (from cash flow)

DRH dividend vs peer dividends

How does DRH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
EGP Eastgroup Properties Inc 3.06% $5.06 109.3%
ELS Equity Lifestyle Properties Inc 2.82% $1.82 98.9%
DRH DiamondRock Hospitality Co 1.42% $0.12 33.3%
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 is DiamondRock Hospitality's next dividend?

DRH hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in June 2024.

When was DRH's last dividend?

DiamondRock Hospitality's last regular dividend was on Mar 27, 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 1.42%.

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 33.3%.

Does DiamondRock Hospitality pay a good dividend?

DiamondRock Hospitality's dividend yield is lower than the Real Estate sector average.