Choice Hotels International, Inc. (NYSE:CHH) to Issue $0.29 Quarterly Dividend

Choice Hotels International, Inc. (NYSE:CHH) announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Thursday, October 1st will be paid a dividend of 0.2875 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, October 1st.

Choice Hotels International has increased its dividend by an average of 0.4%annually over the last three years. Choice Hotels International has a dividend payout ratio of 15.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Choice Hotels International to earn $7.34 per share next year, which means the company should continue to be able to cover its $1.15 annual dividend with an expected future payout ratio of 15.7%.

Choice Hotels International Trading Up 0.4%

Shares of CHH opened at $98.60 on Friday. The business’s 50-day moving average price is $106.26 and its 200 day moving average price is $107.61. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 14.08. The stock has a market capitalization of $4.44 billion, a P/E ratio of 13.93, a P/E/G ratio of 2.48 and a beta of 0.66. Choice Hotels International has a 1-year low of $84.04 and a 1-year high of $123.82.

Choice Hotels International (NYSE:CHH) last released its earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.05. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The business had revenue of $440.76 million for the quarter, compared to the consensus estimate of $436.48 million. During the same period last year, the firm posted $1.92 earnings per share. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. Analysts expect that Choice Hotels International will post 6.97 earnings per share for the current year.

About Choice Hotels International

Choice Hotels International, Inc is a hospitality company that franchises and manages a portfolio of hotels and lodging properties. Its brands serve a range of market segments, including economy, midscale, upscale and extended-stay accommodations. The company’s portfolio includes Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, Everhome Suites and WoodSpring Suites.

Choice Hotels primarily operates through a franchise model, providing hotel owners with brand licensing, reservation services, marketing, technology, loyalty-program support and other operational resources.