H World Group Limited Sponsored ADR (NASDAQ:HTHT) to Issue $0.87 Dividend

H World Group Limited Sponsored ADR (NASDAQ:HTHT) announced a dividend on Monday, August 17th. Shareholders of record on Tuesday, September 8th will be given a dividend of 0.87 per share on Tuesday, September 22nd. This represents a dividend yield of 373.0%. The ex-dividend date is Tuesday, September 8th.

H World Group has raised its dividend payment by an average of 0.4%per year over the last three years. H World Group has a dividend payout ratio of 116.9% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect H World Group to earn $2.87 per share next year, which means the company should continue to be able to cover its $2.56 annual dividend with an expected future payout ratio of 89.2%.

H World Group Trading Up 11.3%

Shares of HTHT stock opened at $46.61 on Tuesday. H World Group has a 1-year low of $32.99 and a 1-year high of $56.63. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. The stock has a market cap of $14.33 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 1.52 and a beta of 0.15. The stock has a 50-day moving average of $42.35 and a 200-day moving average of $47.49.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Monday, August 17th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. H World Group had a return on equity of 39.73% and a net margin of 19.22%.The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $998.88 million. On average, equities research analysts forecast that H World Group will post 2.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on HTHT shares. Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings downgraded shares of H World Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, Zacks Research lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $61.20.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.