Hyatt Hotels Corporation (NYSE:H) Shares Set to Pay Quarterly Dividend of $0.15

Key Points

• Hyatt Hotels declared a quarterly dividend of $0.15 per share, payable December 7 to shareholders of record November 23. The annualized dividend is $0.60 per share, yielding approximately 0.3%.
• The dividend appears well covered, with an 18.1% current payout ratio and an expected future payout ratio of 12.3% based on projected earnings.
• Hyatt reported quarterly EPS of $1.27, beating analyst estimates of $0.76, while revenue of $1.74 billion fell slightly short of expectations and declined 2.4% year over year.

Hyatt Hotels Corporation (NYSE:H - Get Free Report) announced a quarterly dividend on Thursday, October 29th. Investors of record on Monday, November 23rd will be paid a dividend of $0.15 per share on Monday, December 7th. This represents a $0.60 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, November 23rd.

Hyatt Hotels has raised its dividend payment by an average of 0.2% annually over the last three years and has raised 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. Equities research analysts expect Hyatt Hotels to earn $4.86 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 12.3%.

Hyatt Hotels Price Performance

Shares of H stock traded up $10.96 during mid-day trading on Thursday, hitting $184.31. 1,670,163 shares of the stock were exchanged, compared to its average volume of 846,428. The firm has a fifty day moving average of $165.76 and a 200 day moving average of $169.68. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.01. Hyatt Hotels has a 52-week low of $134.18 and a 52-week high of $206.86. The company has a market cap of $17.37 billion, a PE ratio of 224.77 and a beta of 1.40.

Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.51. Hyatt Hotels had a net margin of 1.10% and a return on equity of 7.27%. The firm had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.75 billion. During the same quarter last year, the company earned ($0.30) EPS. The firm's revenue for the quarter was down 2.4% compared to the same quarter last year. Research analysts anticipate that Hyatt Hotels will post 3.54 earnings per share for the current year.

About Hyatt Hotels

Hyatt Hotels Corporation is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts, vacation properties and other lodging-related businesses. Its portfolio serves business and leisure travelers across full-service, select-service, luxury, lifestyle, wellness, all-inclusive and extended-stay segments.

The company operates a broad collection of brands, including Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, Hyatt Centric, Hyatt Place, Hyatt House, Miraval, Alila, Destination by Hyatt and The Unbound Collection by Hyatt.

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