Hyatt Hotels Corporation (H) to Issue Quarterly Dividend of $0.15 on June 11th

Hyatt Hotels Corporation (NYSE:H) declared a quarterly dividend on Tuesday, March 31st. Stockholders of record on Friday, May 29th will be paid a dividend of 0.15 per share on Thursday, June 11th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, May 29th.

Hyatt Hotels has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 1 years. Hyatt Hotels has a dividend payout ratio of 18.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Hyatt Hotels to earn $4.81 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 12.5%.

Hyatt Hotels Trading Up 3.2%

H opened at $179.80 on Wednesday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 1.03. The firm has a market cap of $16.93 billion, a price-to-earnings ratio of -513.71 and a beta of 1.33. Hyatt Hotels has a 12 month low of $127.54 and a 12 month high of $180.53. The stock has a fifty day moving average price of $158.99 and a 200-day moving average price of $160.33.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, April 30th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.06. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.74 billion. Hyatt Hotels had a positive return on equity of 6.01% and a negative net margin of 0.48%.During the same quarter in the previous year, the firm earned $0.46 earnings per share. As a group, equities research analysts anticipate that Hyatt Hotels will post 3.48 earnings per share for the current fiscal year.

Hyatt Hotels Company Profile

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.