H World Group Limited (NASDAQ:HTHT) Plans Dividend Increase - $0.95 Per Share

H World Group Limited (NASDAQ:HTHT - Get Free Report) declared a -- dividend on Thursday, March 20th, Wall Street Journal reports. Shareholders of record on Wednesday, April 9th will be given a dividend of 0.95 per share on Wednesday, April 30th. This represents a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, April 9th. This is a 179.4% increase from H World Group's previous -- dividend of $0.34.

H World Group has a payout ratio of 87.4% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings tumble. Research analysts expect H World Group to earn $1.89 per share next year, which means the company may not be able to cover its $1.94 annual dividend with an expected future payout ratio of 102.6%.

H World Group Price Performance

NASDAQ HTHT traded down $1.31 during midday trading on Friday, hitting $36.77. The company had a trading volume of 2,036,998 shares, compared to its average volume of 1,905,786. The company has a market capitalization of $11.52 billion, a PE ratio of 22.28, a P/E/G ratio of 1.28 and a beta of 0.70. H World Group has a twelve month low of $27.03 and a twelve month high of $42.98. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. The firm has a 50-day moving average price of $35.17 and a 200-day moving average price of $34.84.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Hsbc Global Res downgraded H World Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. HSBC cut shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 target price for the company. in a research report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, H World Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $44.68.

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H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.