DiamondRock Hospitality's last quarterly dividend payment of $0.03 per share was made to shareholders on record before Jun 28, 2024. The dividend payment stands at $0.12 per share annually, which equates to a dividend yield of 1.47%.
DiamondRock Hospitality's dividend yield of 1.47% is below the Real Estate sector and the industry average. In comparison with its Real Estate sector average of 5.86%, DiamondRock Hospitality's dividend yield is 75% lower.
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 0.2% from a year ago, the dividend yield has grown by 0.1%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 28, 2024 | Jul 12, 2024 | Jun 3, 2024 | $0.03 | normal |
| 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 | normal |
| Dec 29, 2022 | Jan 12, 2023 | Dec 7, 2022 | $0.03 | special |
| 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's payout ratio of 33.3% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 138.6%, DiamondRock Hospitality's payout ratio is 76% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ELS Equity Lifestyle Properties Inc | 2.76% | $1.85 | 100.5% |
| EGP Eastgroup Properties Inc | 2.72% | $5.08 | 105.6% |
| DRH DiamondRock Hospitality Co | 1.44% | $0.12 | 33.3% |
| GEO Geo Group Inc | N/A | N/A | N/A |
Yes, DiamondRock Hospitality has paid four dividends in the last 12 months. DRH has been paying dividends since 2022.
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 September 2024.
DiamondRock Hospitality's last regular dividend was on Jun 28, 2024 (ex-date) with the amount of $0.03 per share.
DRH has paid dividend of $0.12 per share in the last year.
Currently DiamondRock Hospitality's dividend yield is 1.47%.
DiamondRock Hospitality pays four dividends per year.
The dividend payout ratio of DiamondRock Hospitality is 33.3%.
DiamondRock Hospitality's dividend yield is lower than the Real Estate sector average.