ASX:HPI

Hotel Property Investments (HPI) Stock Price, News & Analysis

Today's Range
N/A
50-Day Range
N/A
52-Week Range
N/A
Volume
430,933 shs
Average Volume
N/A
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
5.59%
Price Target
N/A
HPI stock logo

About Hotel Property Investments Stock (ASX:HPI)

HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Queensland Venue Company (QVC), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group. HPI's objective is to maximise the long term income and capital returns from its investments for the benefit of its Securityholders. Approximately 93% of the income is earned from the pubs leased to QVC and ALH. The remaining rental income is derived from Speciality Tenants leasing the On-site Specialty Stores. Specialty Tenants include a mix of franchisors and franchisees including 7-Eleven, Nightowl, Nando's, Subway, Noodle Box, The Good Guys and Quest Apartments. The Responsible Entity of the Trust is Hotel Property Investments Limited.

HPI Stock News Headlines

New hotel proposed in Fortuna
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Hotel Property Investments
EQS-News: CPI PROPERTY GROUP – Hotels joint venture and stake sale
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
HPI.AX - Hotel Property Investments
CPI Property Group.
Magnificent Hotel Investments Ltd (0201)
See More Headlines
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Industry, Sector and Symbol

Industry
REIT - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$21 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$80.98 million
Book Value
A$3.97 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.79
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HPI Stock Analysis - Frequently Asked Questions

How often does Hotel Property Investments pay dividends? What is the dividend yield for Hotel Property Investments?

Hotel Property Investments declared a Final dividend on Thursday, June 15th. Shareholders of record on Thursday, August 31st will be paid a dividend of 0.094 per share on Thursday, August 31st. This represents a dividend yield of 2.86%. The ex-dividend date is Wednesday, June 28th.
Read our dividend analysis for HPI
.

Is Hotel Property Investments a good dividend stock?

Hotel Property Investments (ASX:HPI) pays an annual dividend of A$0.19 per share and currently has a dividend yield of 5.59%. HPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 172.73%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HPI.

What other stocks do shareholders of Hotel Property Investments own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hotel Property Investments investors own include Lakeland Industries (LAKE), Orchid Island Capital (ORC), Ovintiv (OVV), SIG (SHI), American Airlines Group (AAL), Apollo Investment (AINV), Apollo Commercial Real Estate Finance (ARI), Berry (BRY), CONSOL Energy (CEIX) and

This page (ASX:HPI) was last updated on 4/24/2024 by MarketBeat.com Staff

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