H World Group Limited Sponsored ADR (HTHT) to Issue Dividend of $0.87 on September 22nd

H World Group Limited Sponsored ADR (NASDAQ:HTHT) announced a dividend on Monday, August 17th. Investors of record on Tuesday, September 8th will be given a dividend of 0.87 per share on Tuesday, September 22nd. This represents a dividend yield of 373.0%. The ex-dividend date of this dividend is Tuesday, September 8th.

H World Group has increased its dividend payment by an average of 0.4%annually over the last three years. H World Group has a payout ratio of 116.9% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect H World Group to earn $2.87 per share next year, which means the company should continue to be able to cover its $2.56 annual dividend with an expected future payout ratio of 89.2%.

H World Group Trading Down 1.5%

H World Group stock opened at $45.92 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a market cap of $14.12 billion, a P/E ratio of 20.23, a PEG ratio of 1.52 and a beta of 0.15. H World Group has a 1 year low of $33.31 and a 1 year high of $56.63. The firm’s 50 day moving average price is $42.40 and its 200-day moving average price is $47.47.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Monday, August 17th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $998.88 million. H World Group had a return on equity of 39.73% and a net margin of 19.22%. On average, equities analysts predict that H World Group will post 2.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on HTHT shares. Weiss Ratings lowered shares of H World Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Benchmark reaffirmed a “buy” rating on shares of H World Group in a research report on Tuesday. Finally, Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.20.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.