Diamondrock Hospitality Company ( DRH ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.08 per share scheduled for January 10, 2013. Shareholders who purchased DRH stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that DRH has paid the same dividend. At the current stock price of $9.18, the dividend yield is 3.49%.
The previous trading day's last sale of DRH was $9.18, representing a -16.62% decrease from the 52 week high of $11.01 and a 13.19% increase over the 52 week low of $8.11.
DRH is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). DRH's current earnings per share, an indicator of a company's profitability, is -$.14. Zacks Investment Research reports DRH's forecasted earnings growth in 2012 as 17.92%, compared to an industry average of 3.4%.
For more information on the declaration, record and payment dates, visit the DRH Dividend History page.
Interested in gaining exposure to DRH through an Exchange Traded Fund [ETF]?
The following ETF(s) have DRH as a top-10 holding:
- iShares Small Cap 600/BARRA Value Index Fund ( IJS )
- SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value ( SLYV ).
The top-performing ETF of this group is IJS with an increase of 8.96% over the last 100 days. It also has the highest percent weighting of DRH at 0.76%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.