RHP dividend yield calculator – RYMAN HOSPITALITY PROPERTIES Increases Dividend by 10% to $1.10
December 9, 2023
🌥️Trending News
Ryman Hospitality Properties ($NYSE:RHP) has recently announced that it is increasing its dividend by 10%, setting it at $1.10. This increase demonstrates Ryman’s commitment to providing a strong and stable return for its shareholders. Ryman Hospitality Properties is a real estate investment trust (REIT) that focuses on owning, developing, redeveloping and operating hotels and resorts. Ryman Hospitality Properties is also the parent company of Opry Entertainment Group, which operates the world-famous Grand Ole Opry.
This dividend increase marks an important milestone for Ryman Hospitality Properties and further solidifies its standing as one of the most reliable investments in the hospitality industry. The company has consistently increased its dividend for the past nine consecutive years, and this latest raise is just one more sign of Ryman’s commitment to increasing shareholder value. With this new dividend in place, investors have a great opportunity to gain long-term value from their holdings in Ryman Hospitality Properties.
Dividends – RHP dividend yield calculator
Ryman Hospitality Properties, Inc. recently announced that they will be increasing their dividend by 10% to $1.10 per share. This is the third year in a row that Ryman has increased its dividend, which marked an increase from the $0.35 per share issued two years ago. This move follows a trend of increasing dividend yields from 2022 to 2023, where investors can expect to see an average yield of 1.9%.
This is a significant increase from the previous 0.41% dividend yields that investors were receiving. With this growth, investors can benefit from receiving higher returns on their investment, while also having the safety of knowing that the dividend payment is reliable and steady.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for RHP. More…
| Total Revenues | Net Income | Net Margin |
| 2.09k | 227.18 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for RHP. More…
| Operations | Investing | Financing |
| 543.89 | -969.66 | 761.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for RHP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.06k | 4.25k | 7.89 |
Key Ratios Snapshot
Some of the financial key ratios for RHP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 21.3% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – RHP Stock Fair Value
At GoodWhale, we have completed an analysis of RYMAN HOSPITALITY PROPERTIES’ fundamentals. Our proprietary Valuation Line is suggesting that the fair value of RYMAN HOSPITALITY PROPERTIES share is around $162.0. Unfortunately, the stock is currently trading at $104.8, which means it is undervalued by 35.3%. This could be an excellent buying opportunity for investors who are looking to capitalize on this discrepancy. More…
Peers
The company owns or operates a portfolio of properties, including the historic Ryman Auditorium, the Grand Ole Opry, and the Opryland Hotel in Nashville, Tennessee. Ryman also owns and operates a number of other hotels and resorts, including the Gaylord Palms Resort & Convention Center in Orlando, Florida and the Gaylord Texan Resort & Convention Center in Grapevine, Texas. Sunstone Hotel Investors, Inc. is a real estate investment trust (REIT) that specializes in owning, acquiring, redeveloping, and operating upscale, full-service hotels in the United States. Braemar Hotels & Resorts, Inc. is a real estate investment trust (REIT) that specializes in owning and operating upscale, full-service hotels and resorts in the United States. Summit Hotel Properties, Inc. is a real estate investment trust (REIT) that specializes in owning premium-branded, select-service hotels in the United States.
– Sunstone Hotel Investors Inc ($NYSE:SHO)
Sunstone Hotel Investors Inc., a real estate investment trust (REIT), focuses on the ownership of upscale, full-service hotels in the United States. As of December 31, 2020, the company’s portfolio consisted of 97 hotels with a total of 19,011 rooms. The company was founded in 1995 and is headquartered in Irvine, California.
– Braemar Hotels & Resorts Inc ($NYSE:BHR)
As of 2022, Braemar Hotels & Resorts Inc’s market cap is $333 million. The company owns, operates, and develops hotels and resorts. Its portfolio includes properties in North America, Europe, and Asia.
– Summit Hotel Properties Inc ($NYSE:INN)
Summit Hotel Properties, Inc. owns, acquires, renovates, develops, repositions and operates premium hotels in the upper-upscale segment of the lodging industry. As of December 31, 2020, the Company’s portfolio consisted of 69 hotels with 11,196 rooms across 31 markets in 23 states.
Summary
This marks the company’s fifth consecutive annual dividend increase and is a positive indicator of their financial health and stability. Analysts have suggested that this move could indicate a more consistent income stream for shareholders in the long-term, as well as make the stock more attractive to potential investors. Furthermore, their earnings per share have grown steadily over the past few years, indicating that their business model is working and that they are likely to remain profitable. Therefore, RYMAN Hospitality Properties may be an attractive option for investors looking for a reliable dividend yield and steady, long-term growth potential.
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