Credit: Shutterstock photoDiamondrock Hospitality Company ( DRH ) will begin trading ex-dividend on March 26, 2013. A cash dividend payment of $0.085 per share is scheduled to be paid on April 12, 2013. Shareholders who purchased DRH stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.25% increase over the prior quarter.
The previous trading day's last sale of DRH was $9.02, representing a -18.07% decrease from the 52 week high of $11.01 and a 11.22% increase over the 52 week low of $8.11.
DRH is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). DRH's current earnings per share, an indicator of a company's profitability, is -$.08. Zacks Investment Research reports DRH's forecasted earnings growth in 2013 as -6.41%, compared to an industry average of 7.6%.
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 )
- Vanguard S&P Small-Cap 600 Value ETF ( VIOV ).
The top-performing ETF of this group is VIOV with an increase of 12.31% over the last 100 days. IJS 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
