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DiamondRock Hospitality (DRH) Dividend Yield, Date & History

DiamondRock Hospitality logo
$9.32 +0.09 (+0.98%)
(As of 12/20/2024 05:15 PM ET)
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DiamondRock Hospitality Dividend Summary

Dividend Yield
1.29%
Annual Dividend
$0.12
Next
Dividend Payment
Jan. 14
Dividend Payout Ratio
42.86%

DiamondRock Hospitality (DRH) pays an annual dividend of $0.12 per share, with a dividend yield of 1.29%. The next quarterly payment of $0.32 per share is scheduled for Tuesday, January 14, to investors who own the stock before the ex-dividend date of Tuesday, December 31. The company currently pays out 42.86% of its earnings and 13.08% of its cash flow as dividends.

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DRH Dividend Payments by Quarter

The chart below displays up to four years of DiamondRock Hospitality's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

DRH Dividend Yield Over Time

The chart below tracks DiamondRock Hospitality's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

DiamondRock Hospitality vs. The Competition

Compare DiamondRock Hospitality's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeDiamondRock HospitalityFinance CompaniesNYSE Companies
Annual Dividend$0.12$0.02$1.39
Dividend Yield1.29%5.77%3.61%
Annualized 3-Year Dividend Growth0.00%12.89%15.78%

DiamondRock Hospitality Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings42.86%
Based on This Year's Estimate12.24%
Based on Next Year's Estimate11.65%
Based on Cashflow13.08%

DiamondRock Hospitality Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/9/2024quarterly$0.32+$0.29
966.67%		13.28%12/31/202412/31/20241/14/2025
9/4/2024Quarterly$0.03 - 1.43%9/30/20249/30/202410/11/2024
6/3/2024Quarterly$0.03 - 1.42%6/28/20246/28/20247/12/2024
3/4/2024Quarterly$0.03 - 1.27%3/27/20243/29/20244/12/2024
12/1/2023Quarterly$0.03 - 1.39%12/28/202312/29/20231/11/2024
9/6/2023quarterly$0.03 - 1.5%9/28/20239/29/202310/12/2023
6/1/2023quarterly$0.03 - 1.5%6/29/20236/30/20237/12/2023
3/2/2023Quarterly$0.03-$0.03
50.00%		1.36%3/30/20233/31/20234/12/2023

This table shows DiamondRock Hospitality's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

DiamondRock Hospitality Dividend - Frequently Asked Questions

The current dividend yield for DiamondRock Hospitality is 1.29%. Learn more on DRH's dividend yield history.

The annual dividend for DRH shares is $0.12. Learn more on DRH's annual dividend history.

DiamondRock Hospitality pays quarterly dividends to shareholders.

DiamondRock Hospitality's next quarterly dividend payment of $0.32 per share will be made to shareholders on Tuesday, January 14, 2025.

DiamondRock Hospitality's most recent quarterly dividend payment of $0.03 per share was made to shareholders on Friday, October 11, 2024.

DiamondRock Hospitality's next ex-dividend date is Tuesday, December 31, 2024.

DiamondRock Hospitality's most recent ex-dividend date was Monday, September 30, 2024.

The most recent change in the company's dividend was an increase of $0.29 on Monday, December 9, 2024.

The dividend payout ratio for DRH is:
  • 42.86% based on the trailing year of earnings
  • 12.24% based on this year's estimates
  • 11.65% based on next year's estimates
  • 13.08% based on cash flow

DiamondRock Hospitality's dividend yield of 1.24% is lower than the average Finance company that issues a dividend. DiamondRock Hospitality's dividend payout ratio of 42.86% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate DiamondRock Hospitality stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.

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This page (NYSE:DRH) was last updated on 12/21/2024 by MarketBeat.com Staff
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