CHH dividend – Choice Hotels International Declares Quarterly Dividend of $0.24 Per Share

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Choice Hotels International ($NYSE:CHH), Inc. is a leading hospitality franchising company. It offers a variety of hotel brands including Quality Inn, Sleep Inn, Clarion, Comfort Inn, Cambria Hotels, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge and Rodeway Inn. The ex-dividend date is March 30, 2021. This dividend amount is the same as that of the previous quarter and is an increase from the $0.22 per share dividend paid in the year-ago period. The Board of Directors for Choice Hotels International also declared a quarterly cash dividend of $0.22 per share on the Company’s common stock.

The ex-dividend date is March 30, 2021. The repurchases will be made from time to time at prices deemed attractive by management and in accordance with applicable legal requirements. Overall, Choice Hotels International continues to demonstrate its commitment to creating value for its shareholders through its dividend and share repurchase programs. The company’s commitment to returning capital to shareholders demonstrates its confidence in its long-term growth prospects and its ability to generate strong cash flow.

Dividends – CHH dividend

This dividend is significantly higher than the ones issued in the past two years, which were $0.69 and $0.22 respectively. The dividend yield for 2020 was 0.25%, 0.38% for 2021, and 0.77% for 2022. This puts the three-year average dividend yield at 0.47%. This decision to issue a higher quarterly dividend is in line with the company’s financial strategy to return value to shareholders.

The company is also planning to use the proceeds from the dividend to invest in projects that will improve its current services and strengthen its competitive advantage in the market. This strategy is expected to generate more long-term value for shareholders in the future. The company is confident that this move will help it generate more value for shareholders in the long-term.

About the Company

Stock Price

On Monday, CHOICE HOTELS INTERNATIONAL stock opened at $120.0 and closed at $120.6, up by 0.4% from the previous closing price of 120.0. This will be the second dividend payment for the company this year, having paid out a dividend of $0.22 per share in March. The dividend is an increase from the previous quarter, which shows that the company is financially secure and is able to reward shareholders with a higher return. This news is sure to be positive for investors as it shows that the company is continuing to grow and make strong financial decisions.

The dividend also shows that the company is confident in its future prospects and is willing to reward shareholders with a return on their investments. Choice Hotels International is one of the largest hotel chains in the world and has been expanding its reach with new hotels in key markets across the globe. This news should help to further cement the company’s reputation as a reliable and profitable investment opportunity. Live Quote…

VI Analysis

Choosing a company for investment can be a daunting task for many. To make the process simpler, VI app provides an analysis on fundamentals of a company and its long term potential. The VI Star Chart shows that CHOICE HOTELS INTERNATIONAL is strong in dividend, growth and medium in profitability, while weak in asset. This categorizes the company as a ‘cheetah’, which is a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are risk-takers may be interested in such companies, as they have the potential to see high returns if the company is successful. However, it is important to note that such companies may not be able to sustain their growth in the long run. It is also important to consider the company’s financial health before investing, and CHOICE HOTELS INTERNATIONAL has a high health score of 8/10 considering its cashflows and debt, meaning it is capable to safely ride out any crisis without the risk of bankruptcy. More…

VI Peers

Choice Hotels International, Inc. is one of the world’s largest hotel companies. With over 6,300 hotels across more than 35 countries and territories, Choice Hotels International offers a wide variety of lodging options to suit any need. Wyndham Hotels & Resorts, Hilton Worldwide Holdings, and Marriott International are all major competitors in the hotel industry.

– Wyndham Hotels & Resorts Inc ($NYSE:WH)

Wyndham Hotels & Resorts Inc is one of the largest hotel companies in the world, with over 7,500 hotels across more than 80 countries. The company offers a wide range of hotel brands, from economy to luxury, and its portfolio includes some of the most well-known hotel brands in the world, such as Wyndham, Ramada, Days Inn, and Super 8. Wyndham Hotels & Resorts is headquartered in Parsippany, New Jersey.

The company’s market cap is 6.2B as of 2022 and its ROE is 30.65%.

– Hilton Worldwide Holdings Inc ($NYSE:HLT)

Hilton Worldwide Holdings Inc. is a hospitality company that owns, leases, manages, develops, and franchises hotels and resorts. The company operates in three segments: Owned and Leased Hotels, Management and Franchise, and Timeshare. As of December 31, 2020, it owned, leased, or managed 2,084 properties with 883,944 rooms. Hilton Worldwide Holdings Inc. was founded in 1919 and is headquartered in McLean, Virginia.

– Marriott International Inc ($NASDAQ:MAR)

Marriott International is one of the world’s largest hotel companies, with more than 6,000 properties in over 120 countries and territories. Marriott operates and franchises hotels and timeshare properties under 30 brands, including Marriott, Ritz-Carlton, Sheraton, and Westin. The company also has a vacation ownership division, Marriott Vacations Worldwide. Marriott was founded in 1927 by J. Willard Marriott and Frank J. Taylor.

Summary

Investing in Choice Hotels International can be a great way to diversify a portfolio and generate consistent returns. Its portfolio consists of many iconic brands, such as Comfort Inn, Econo Lodge, and Clarion.

In addition, Choice Hotels International has declared a quarterly dividend of $0.24 per share, which can provide investors with a steady stream of income. Choice Hotels International is also known for its strong balance sheet and prudent capital management. The company is well-positioned to weather economic downturns due to its low debt-to-equity ratio and its conservative approach to financing. Furthermore, the company’s extensive franchise network provides it with a stable source of revenue, making it relatively resilient to economic cycles. Finally, Choice Hotels International is a highly recognized brand with a strong global presence. The company has earned numerous awards for its commitment to customer service and sustainability initiatives, which can help to boost its reputation and attract more customers. In conclusion, investing in Choice Hotels International can be a great option for investors seeking diversification and steady returns. The company’s strong balance sheet, prudent capital management, and global presence make it an attractive investment for both long-term and short-term investors.