Sunstone Hotel Investors's last quarterly dividend was on Jun 28, 2024 (ex-date) with a distribution of $0.09 per share. On an annualized basis, the company has a current payout of $0.3 per share. This brings the dividend yield to 2.88% based on its recent close price. The latest dividend has increased by $0.02, or 29% from the prior dividend.
SHO has a dividend yield of 2.88% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 5.69%, Sunstone Hotel Investors's dividend yield is 49% lower.
Sunstone Hotel Investors has a long history of dividend payments, including the last two consecutive years with dividend payouts. SHO has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has increased by 50% for the last twelve months. And with the stock price up by 7% from a year ago, the dividend yield has increased by 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 28, 2024 | Jul 15, 2024 | May 6, 2024 | $0.09 | normal |
| Mar 27, 2024 | Apr 15, 2024 | Feb 22, 2024 | $0.07 | normal |
| Dec 28, 2023 | Jan 16, 2024 | Dec 6, 2023 | $0.06 | special |
| Dec 28, 2023 | Jan 16, 2024 | Dec 6, 2023 | $0.07 | normal |
| Sep 28, 2023 | Oct 16, 2023 | Aug 3, 2023 | $0.07 | normal |
| Jun 29, 2023 | Jul 17, 2023 | May 4, 2023 | $0.05 | normal |
| Mar 30, 2023 | Apr 17, 2023 | Feb 21, 2023 | $0.05 | normal |
| Dec 29, 2022 | Jan 17, 2023 | Nov 7, 2022 | $0.05 | normal |
| Sep 29, 2022 | Oct 17, 2022 | Aug 2, 2022 | $0.05 | normal |
| Mar 30, 2020 | Apr 15, 2020 | Feb 17, 2020 | $0.05 | normal |
| Dec 30, 2019 | Jan 15, 2020 | Dec 10, 2019 | $0.59 | normal |
| Sep 27, 2019 | Oct 15, 2019 | Aug 1, 2019 | $0.05 | normal |
| Jun 27, 2019 | Jul 15, 2019 | May 6, 2019 | $0.05 | normal |
| Mar 28, 2019 | Apr 15, 2019 | Feb 11, 2019 | $0.05 | normal |
| Dec 28, 2018 | Jan 15, 2019 | Nov 5, 2018 | $0.54 | normal |
| Sep 27, 2018 | Oct 15, 2018 | Jul 30, 2018 | $0.05 | normal |
| Jun 28, 2018 | Jul 16, 2018 | May 3, 2018 | $0.05 | normal |
| Mar 28, 2018 | Apr 16, 2018 | Feb 9, 2018 | $0.05 | normal |
| Dec 28, 2017 | Jan 16, 2018 | Dec 11, 2017 | $0.58 | normal |
| Sep 28, 2017 | Oct 16, 2017 | Jul 28, 2017 | $0.05 | normal |
| Jun 28, 2017 | Jul 17, 2017 | Apr 28, 2017 | $0.05 | normal |
| Mar 29, 2017 | Apr 17, 2017 | Feb 21, 2017 | $0.05 | normal |
| Dec 28, 2016 | Jan 17, 2017 | Dec 13, 2016 | $0.53 | normal |
| Sep 28, 2016 | Oct 17, 2016 | Aug 4, 2016 | $0.05 | normal |
| Jun 28, 2016 | Jul 15, 2016 | Apr 28, 2016 | $0.05 | normal |
| Mar 29, 2016 | Apr 15, 2016 | Feb 18, 2016 | $0.05 | normal |
SHO has a payout ratio of 33.3% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 139.2%, Sunstone Hotel Investors's payout ratio is 76% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| GOOD Gladstone Commercial Corp | 7.98% | $1.2 | N/A |
| PDM Piedmont Office Realty Trust Inc | 5.72% | $0.5 | N/A |
| NNN National Retail Properties Inc | 4.96% | $2.26 | 103.7% |
| SHO Sunstone Hotel Investors Inc | 2.88% | $0.3 | 33.3% |
Yes, Sunstone Hotel Investors has paid five dividends in the last twelve months. SHO has been paying dividends since 2022.
At this point we don't have a record of SHO's next dividend date, but based on the current dividend schedule we project that it will likely be in September 2024.
Sunstone Hotel Investors's last dividend ex-date was on Jun 28, 2024. The dividend amount was $0.09 per share.
On an annual basis SHO pays $0.3 per share.
Currently Sunstone Hotel Investors's dividend yield is 2.88%.
Sunstone Hotel Investors pays dividends quarterly.
The dividend payout ratio of Sunstone Hotel Investors is 33.3%.
Sunstone Hotel Investors's dividend yield is less than the Real Estate sector average.