Xenia Hotels & Resorts, Inc. (NYSE:XHR – Get Free Report) announced a quarterly dividend on Friday, May 15th. Investors of record on Tuesday, June 30th will be given a dividend of 0.14 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, June 30th.
Xenia Hotels & Resorts has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 3 years. Xenia Hotels & Resorts has a payout ratio of 254.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
Xenia Hotels & Resorts Price Performance
Xenia Hotels & Resorts stock opened at $15.89 on Friday. Xenia Hotels & Resorts has a 1 year low of $11.34 and a 1 year high of $17.23. The firm has a 50 day moving average price of $15.50 and a 200 day moving average price of $14.86. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 22.69 and a beta of 1.17. The company has a debt-to-equity ratio of 1.14, a quick ratio of 2.05 and a current ratio of 2.05.
About Xenia Hotels & Resorts
Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.
Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.
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