Xenia Hotels Announces Quarterly Dividend of $0.14 Per Share
1 report, 1 independent
Updated Sep 22
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What happened
Xenia Hotels & Resorts, Inc., which is publicly traded on the NYSE, has declared a quarterly dividend of $0.14 per share. The dividend payment is scheduled for October 15th, following a declaration on September 21st. The company has raised its dividend annually for the last three consecutive years.
From tickerreport.com
Why it matters
The dividend represents a trailing yield of 3.1% on a share price of $17.81. The company is a real estate investment trust and noted a dividend payout ratio of 254.5%, indicating that it is relying on its balance sheet to cover the payments.
From tickerreport.com
Who's involved
- New York Stock ExchangePublicly traded real estate investment trust operating under the Marriott brand.
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The entities involved
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New York Stock Exchange
American stock exchange
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Marriott International
international hospitality company in Bethesda, Maryland, United States
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