Hyatt Hotels Corporation (H) To Go Ex-Dividend on August 27th

Hyatt Hotels Corporation (NYSE:H) declared a quarterly dividend on Thursday, July 30th. Investors of record on Thursday, August 27th will be paid a dividend of 0.15 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, August 27th.

Hyatt Hotels has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Hyatt Hotels has a payout ratio of 18.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Hyatt Hotels to earn $4.84 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 12.4%.

Hyatt Hotels Stock Down 0.3%

H opened at $180.19 on Tuesday. Hyatt Hotels has a 1 year low of $134.18 and a 1 year high of $206.86. The firm has a 50 day moving average price of $187.05 and a 200 day moving average price of $172.42. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $16.98 billion, a PE ratio of 219.74 and a beta of 1.33.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.21. Hyatt Hotels had a net margin of 1.10% and a return on equity of 7.27%. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the firm earned $0.68 earnings per share. Hyatt Hotels’s revenue for the quarter was up 1.2% on a year-over-year basis. Sell-side analysts expect that Hyatt Hotels will post 3.55 earnings per share for the current year.

About Hyatt Hotels

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.