DiamondRock Hospitality (DRH) Dividends
Price: $7.64
Market Cap: $1.60B
Avg Volume: 2.09M
Market Cap: $1.60B
Avg Volume: 2.09M
Country: US
Industry: REIT - Hotel & Motel
Sector: Real Estate
Industry: REIT - Hotel & Motel
Sector: Real Estate
Dividend Overview
DiamondRock Hospitality (DRH) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $0.37
- Ex-Dividend Date: March 28, 2025
- Total Dividends Paid (Last Year): $35.42M
Dividend Metrics
- Dividend Yield: 1.87%
- Payout Ratio: 92.64%
- Dividend Growth (YoY): 15.12%
Dividend Yield
1.87%
Dividend Payout Ratio
92.64%
Dividend Paid & Capex Coverage Ratio
1.92x
DiamondRock Hospitality pays an annual dividend of $0.37 per share. This means that for each share you own, you'll receive $0.37 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was March 28, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, DiamondRock Hospitality paid a total of $35.42M in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, DiamondRock Hospitality's dividend yield stands at 1.87%. To put this in perspective, if you invest $100 in DiamondRock Hospitality's stock at the current price, you can expect to receive approximately $1.87 in annual dividend income.
The company's dividend payout ratio is 92.64%. This means that DiamondRock Hospitality is distributing 92.64% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, DiamondRock Hospitality's dividend has grown by 15.12%. This growth may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
DiamondRock Hospitality (DRH) dividend payments have grown 15.12% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
DiamondRock Hospitality Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.08 | $0.08 | March 28, 2025 | March 28, 2025 | April 11, 2025 | February 27, 2025 |
| $0.23 | $0.23 | December 31, 2024 | December 31, 2024 | January 14, 2025 | December 09, 2024 |
| $0.03 | $0.03 | September 30, 2024 | September 30, 2024 | October 11, 2024 | September 04, 2024 |
| $0.03 | $0.03 | June 28, 2024 | June 28, 2024 | July 12, 2024 | June 03, 2024 |
| $0.03 | $0.03 | March 27, 2024 | March 29, 2024 | April 12, 2024 | March 04, 2024 |
| $0.03 | $0.03 | December 28, 2023 | December 29, 2023 | January 11, 2024 | December 01, 2023 |
| $0.03 | $0.03 | September 28, 2023 | September 29, 2023 | October 12, 2023 | September 06, 2023 |
| $0.03 | $0.03 | June 29, 2023 | June 30, 2023 | July 12, 2023 | June 01, 2023 |
| $0.03 | $0.03 | March 30, 2023 | March 31, 2023 | April 12, 2023 | March 02, 2023 |
| $0.06 | $0.06 | December 29, 2022 | December 30, 2022 | January 12, 2023 | December 07, 2022 |
| $0.03 | $0.03 | September 29, 2022 | September 30, 2022 | October 12, 2022 | August 02, 2022 |
| $0.125 | $0.125 | December 31, 2019 | January 02, 2020 | January 13, 2020 | December 17, 2019 |
| $0.125 | $0.125 | September 27, 2019 | September 30, 2019 | October 11, 2019 | September 16, 2019 |
| $0.125 | $0.125 | June 27, 2019 | June 28, 2019 | July 12, 2019 | June 14, 2019 |
| $0.125 | $0.125 | March 28, 2019 | March 29, 2019 | April 12, 2019 | March 15, 2019 |
| $0.125 | $0.125 | January 03, 2019 | January 04, 2019 | January 14, 2019 | December 20, 2018 |
| $0.125 | $0.125 | September 27, 2018 | September 28, 2018 | October 12, 2018 | September 14, 2018 |
| $0.125 | $0.125 | June 28, 2018 | June 29, 2018 | July 12, 2018 | June 01, 2018 |
| $0.125 | $0.125 | March 28, 2018 | March 29, 2018 | April 12, 2018 | March 19, 2018 |
| $0.125 | $0.125 | December 28, 2017 | December 29, 2017 | January 12, 2018 | December 13, 2017 |
| $0.125 | $0.125 | September 28, 2017 | September 29, 2017 | October 12, 2017 | August 02, 2017 |
| $0.125 | $0.125 | June 28, 2017 | June 30, 2017 | July 12, 2017 | June 06, 2017 |
| $0.125 | $0.125 | March 29, 2017 | March 31, 2017 | April 12, 2017 | March 16, 2017 |
| $0.125 | $0.125 | December 28, 2016 | December 30, 2016 | January 12, 2017 | December 20, 2016 |
| $0.125 | $0.125 | September 28, 2016 | September 30, 2016 | October 12, 2016 | September 19, 2016 |
| $0.125 | $0.125 | June 28, 2016 | June 30, 2016 | July 12, 2016 | June 08, 2016 |
| $0.125 | $0.125 | March 29, 2016 | March 31, 2016 | April 12, 2016 | March 16, 2016 |
| $0.125 | $0.125 | December 29, 2015 | December 31, 2015 | January 12, 2016 | December 07, 2015 |
| $0.125 | $0.125 | September 28, 2015 | September 30, 2015 | October 13, 2015 | August 26, 2015 |
| $0.125 | $0.125 | June 26, 2015 | June 30, 2015 | July 14, 2015 | May 28, 2015 |
| $0.125 | $0.125 | March 27, 2015 | March 31, 2015 | April 10, 2015 | February 25, 2015 |
| $0.1025 | $0.102 | December 29, 2014 | December 31, 2014 | January 12, 2015 | December 15, 2014 |
| $0.1025 | $0.1025 | September 26, 2014 | September 30, 2014 | October 10, 2014 | September 12, 2014 |
| $0.1025 | $0.1025 | June 26, 2014 | June 30, 2014 | July 10, 2014 | June 02, 2014 |
| $0.1025 | $0.1025 | March 27, 2014 | March 31, 2014 | April 10, 2014 | March 25, 2014 |
| $0.085 | $0.085 | December 27, 2013 | December 31, 2013 | January 10, 2014 | December 17, 2013 |
| $0.085 | $0.085 | September 26, 2013 | September 30, 2013 | October 10, 2013 | September 09, 2013 |
| $0.085 | $0.085 | June 26, 2013 | June 28, 2013 | July 11, 2013 | June 10, 2013 |
| $0.085 | $0.085 | March 26, 2013 | March 31, 2013 | April 12, 2013 | February 28, 2013 |
| $0.08 | $0.08 | December 27, 2012 | December 31, 2012 | January 10, 2013 | December 19, 2012 |
| $0.08 | $0.08 | September 05, 2012 | September 07, 2012 | September 19, 2012 | August 20, 2012 |
| $0.08 | $0.08 | May 11, 2012 | May 15, 2012 | May 29, 2012 | May 04, 2012 |
| $0.08 | $0.08 | March 21, 2012 | March 23, 2012 | April 04, 2012 | February 29, 2012 |
| $0.08 | $0.08 | December 28, 2011 | December 30, 2011 | January 10, 2012 | December 16, 2011 |
| $0.08 | $0.08 | September 07, 2011 | September 09, 2011 | September 20, 2011 | August 22, 2011 |
| $0.08 | $0.08 | June 15, 2011 | June 17, 2011 | June 27, 2011 | June 01, 2011 |
| $0.08 | $0.08 | March 23, 2011 | March 25, 2011 | April 07, 2011 | March 01, 2011 |
| $0.033 | $0.032 | December 23, 2009 | December 28, 2009 | January 29, 2010 | December 16, 2009 |
| $0.25 | $0.25 | September 03, 2008 | September 05, 2008 | September 16, 2008 | August 19, 2008 |
| $0.25 | $0.25 | June 11, 2008 | June 13, 2008 | June 24, 2008 | May 27, 2008 |
| $0.25 | $0.25 | March 18, 2008 | March 21, 2008 | April 01, 2008 | February 28, 2008 |
| $0.24 | $0.24 | December 27, 2007 | December 31, 2007 | January 10, 2008 | December 12, 2007 |
| $0.24 | $0.24 | September 05, 2007 | September 07, 2007 | September 18, 2007 | August 29, 2007 |
| $0.24 | $0.24 | June 13, 2007 | June 15, 2007 | June 22, 2007 | June 05, 2007 |
| $0.24 | $0.24 | March 21, 2007 | March 23, 2007 | April 02, 2007 | February 22, 2007 |
| $0.18 | $0.18 | December 19, 2006 | December 21, 2006 | January 04, 2007 | September 14, 2006 |
| $0.18 | $0.18 | September 06, 2006 | September 08, 2006 | September 19, 2006 | August 23, 2006 |
| $0.18 | $0.18 | June 14, 2006 | June 16, 2006 | June 22, 2006 | June 01, 2006 |
| $0.18 | $0.18 | March 22, 2006 | March 24, 2006 | April 11, 2006 | March 02, 2006 |
| $0.1725 | $0.173 | December 28, 2005 | December 30, 2005 | January 17, 2006 | December 15, 2005 |
| $0.1725 | $0.173 | September 07, 2005 | September 09, 2005 | September 27, 2005 | September 06, 2005 |
| $0.0326 | $0.033 | June 15, 2005 | June 17, 2005 | June 28, 2005 | June 07, 2005 |
Frequently Asked Questions
DiamondRock Hospitality currently pays an annual dividend of $0.37 per share. This means that for each share you own, you'll receive $0.37 in dividends over the course of a year, typically paid in quarterly installments of $ per share.
DiamondRock Hospitality's current dividend yield is 1.87%. This means that if you invest $100 in DiamondRock Hospitality's stock at the current price, you can expect to receive approximately $1.87 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.
The most recent ex-dividend date for DiamondRock Hospitality was March 28, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check DiamondRock Hospitality's investor relations page or financial news sources for the next ex-dividend date announcement.
DiamondRock Hospitality's dividend payout ratio is currently 92.64%. This means that the company is distributing 92.64% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.
In the last fiscal year, DiamondRock Hospitality paid a total of $35.42M in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that DiamondRock Hospitality distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.
Compared to the previous year, DiamondRock Hospitality's dividend has grown by 15.12%. This growth rate provides insight into the company's dividend policy and financial health over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings and commitment to returning value to shareholders.