Choice Hotels International Declares Quarterly Cash Dividend Of $0.195
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.1%
Revenue Growth %: +0.3%
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ROCKVILLE, Md., May 1, 2015 /PRNewswire/ -- Choice Hotels International (NYSE: CHH), a leading worldwide lodging company, announced that its board of directors declared a quarterly cash dividend of $0.195 per share of common stock. The dividend is payable on July 15, 2015 to shareholders of record on July 1, 2015.
About Choice Hotels
Choice Hotels International, Inc. franchises more than 6,300 hotels, representing more than 500,000 rooms, in the United States and more than 35 other countries and territories. As of December 31, 2014, 510 hotels, representing more than 39,000 rooms, were under construction, awaiting conversion or approved for development in the United States. Additionally, 93 hotels, representing approximately 8,700 rooms, were under construction, awaiting conversion or approved for development in more than 15 other countries and territories. The company's Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Cambria hotels & suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge and Rodeway Inn brands, as well as its Ascend Hotel Collection membership program, serve guests worldwide.
SkyTouch Technology is a division of Choice Hotels International, Inc. that develops and markets cloud-based technology products, including inventory management, pricing and connectivity to third party channels, to hoteliers not under franchise agreements with the company.
Additional corporate information can be found on the Choice Hotels International, Inc. web site, which may be accessed at www.choicehotels.com.
Choice Hotels, Choice Hotels International, Choice Privileges, Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Cambria hotels & suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, Rodeway Inn, and Ascend Hotel Collection are proprietary trademarks and service marks of Choice Hotels International Inc.
© 2015 Choice Hotels International, Inc. All rights reserved.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/choice-hotels-international-declares-quarterly-cash-dividend-of-0195-300075350.html
SOURCE Choice Hotels International, Inc.
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