DiamondRock Announces First Quarter Dividend Of $0.125 Per Share
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 1.5%
Revenue Growth %: +2.8%
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BETHESDA, Md., March 14, 2016 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that its Board of Directors declared a quarterly dividend of $0.125 per share to stockholders of record as of March 31, 2016. The dividend will be paid on April 12, 2016.
About the Company
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 29 premium quality hotels with approximately 10,900 rooms. The Company has strategically positioned its hotels to generally be operated under leading global brands such as Hilton, Marriott, and Westin, as well as boutique brands in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/diamondrock-announces-first-quarter-dividend-of-0125-per-share-300235653.html
SOURCE DiamondRock Hospitality Company
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