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Diamondrock Hospitality Co (Diamondrock Hospitality Co) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Diamondrock Hospitality Co 3-Year Dividend Growth Rate?

Diamondrock Hospitality Co's Dividends per Share for the three months ended in Dec. 2023 was $0.03.

The historical rank and industry rank for Diamondrock Hospitality Co's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Diamondrock Hospitality Co was 25.70% per year. The lowest was -50.70% per year. And the median was 6.80% per year.

DRH's 3-Year Dividend Growth Rate is not ranked *
in the REITs industry.
Industry Median: 2.1
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Diamondrock Hospitality Co's average Dividends Per Share Growth Rate was 100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Diamondrock Hospitality Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.94. As of today, Diamondrock Hospitality Co's Dividend Yield % is 1.30%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Diamondrock Hospitality Co's 3-Year Dividend Growth Rate

For the REIT - Hotel & Motel subindustry, Diamondrock Hospitality Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diamondrock Hospitality Co's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Diamondrock Hospitality Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Diamondrock Hospitality Co's 3-Year Dividend Growth Rate falls into.



Diamondrock Hospitality Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Diamondrock Hospitality Co  (NYSE:DRH) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Diamondrock Hospitality Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.03/ 0.032
=0.94

During the past 13 years, the highest Dividend Payout Ratio of Diamondrock Hospitality Co was 2.12. The lowest was 0.11. And the median was 1.01.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Diamondrock Hospitality Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0302024-03-272024-03-292024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-12-282023-12-292024-01-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-09-282023-09-292023-10-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.0302023-06-292023-06-302023-07-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Diamondrock Hospitality Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.12/9.05
=1.33 %

Current Share Price is $9.05.
Diamondrock Hospitality Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.12.

During the past 13 years, the highest Dividend Yield of Diamondrock Hospitality Co was 12.82%. The lowest was 0.32%. And the median was 4.22%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Diamondrock Hospitality Co 3-Year Dividend Growth Rate Related Terms>


Diamondrock Hospitality Co (Diamondrock Hospitality Co) Business Description

Traded in Other Exchanges
Address
2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.
Executives
Mark W Brugger officer: Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 3000, BETHESDA MD 20817
Justin L. Leonard officer: EVP & Chief Operating Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
William J Tennis officer: EVP and General Counsel DIAMONDROCK HOSPITALITY COMPANY, 6903 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Tabassum Zalotrawala director 610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Briony R. Quinn officer: Chief Accounting Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Troy Furbay officer: Chief Investment Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METGRO CENTER, SUITE 1500, BETHESDA MD 20814
Michael A. Hartmeier director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Jeffrey Donnelly officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Maureen L Mcavey director C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 300, BETHESDA MD 20817
Kathleen Wayton director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Gilbert T Ray director 901 N GLEBE ROAD, ARLINGTON VA 22203
Jay Lecoryelle Johnson officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Thomas G. Healy officer: EVP & Chief Operating Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Sean M Mahoney officer: CAO and Corporate Controller 3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
William Joseph Shaw director 6649 WESTWOOD BLVD., ORLANDO FL 32821