Choice Hotels (CHH) Raises Quarterly Dividend 5.6% to $0.2375; 0.6% Yield
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Choice Hotels International Increases Quarterly Cash Dividend
December 6, 2021 10:54 AM ESTROCKVILLE, Md., Dec. 6, 2021 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, announced that its board of directors has approved a 6% increase in the quarterly cash dividend on the company's common stock from $0.225 per share to $0.2375 per share, effective with the dividend payable on January 18, 2022, to shareholders of record on January 4, 2022. This increase will result in a projected annual dividend rate of $0.95 per annum.
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