Hyatt Hotels Corporation (NYSE:H) Announces $0.15 Quarterly Dividend

Key Points

• Hyatt Hotels Corporation declared a quarterly dividend of $0.15 per share, with the payment date set for September 10th to stockholders of record as of August 27th.
• The company reported earnings of $0.68 per share for the last quarter, exceeding analysts' expectations, and had a revenue of $1.81 billion, also above estimates.
• Hyatt Hotels has a relatively low payout ratio of 18.1%, indicating strong earnings support for its dividend payments, with expectations of future earnings growth.

Hyatt Hotels Corporation (NYSE:H - Get Free Report) declared a quarterly dividend on Friday, August 8th, Wall Street Journal reports. Investors of record on Wednesday, August 27th will be given a dividend of 0.15 per share on Wednesday, September 10th. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, August 27th.

Hyatt Hotels has a dividend payout ratio of 18.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Hyatt Hotels to earn $4.25 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 14.1%.

Hyatt Hotels Trading Up 2.9%

Hyatt Hotels stock traded up $3.95 during trading on Tuesday, hitting $138.96. The company's stock had a trading volume of 97,616 shares, compared to its average volume of 950,578. The stock has a market capitalization of $13.26 billion, a price-to-earnings ratio of 33.03, a P/E/G ratio of 2.29 and a beta of 1.46. The stock's fifty day moving average is $140.57 and its 200 day moving average is $133.83. Hyatt Hotels has a 1-year low of $102.43 and a 1-year high of $168.20. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.98 and a current ratio of 0.98.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. Hyatt Hotels had a return on equity of 6.59% and a net margin of 6.39%. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same quarter last year, the firm earned $1.53 EPS. As a group, equities research analysts predict that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.