DiamondRock Hospitality Company
S&P 500DRH/Real Estate · REIT - Hotel & Motel/NYSE
Dividend Yield
3.10%
$0.38 · Annual Dividend
Dividend Safety Rating
DRH's dividend shows some areas that warrant monitoring. Strengths include a 71.7% earnings payout ratio & 51.1% fcf payout ratio. Areas of concern: 2.7x interest coverage & 6.9% return on equity. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.
Based on 13 of 15 metrics
Strengths
- Earnings Payout Ratio: 71.7%Low earnings payout ratio leaves room to grow the dividend.
- Current Ratio: 2.8xStrong short-term liquidity to meet obligations.
- Debt-to-Equity: 82.3Conservative debt level relative to equity.
Risks
- Dividend Cut: YesDividend was cut or suspended in recent history.
- Interest Coverage: 2.7xInterest coverage is thin relative to debt servicing.
- Return on Equity: 6.9%Return on equity is below industry norms.
Payout & Coverage
SafeBalance Sheet
Very SafeProfitability
CautionDividend Track Record
WarningAbout DiamondRock Hospitality Company
DiamondRock Hospitality Company is a distinguished real estate investment trust (REIT) that focuses primarily on the acquisition and ownership of premium full-service hotels and resorts. The company's portfolio extends across leading metropolitan regions and resort destinations in the United States, positioning itself strategically to serve diverse traveler needs, from business professionals to leisure tourists. As an REIT, DiamondRock Hospitality Company plays a pivotal role in the real estate market by efficiently managing and generating income through its hospitality assets. Its emphasis on upscale hotel brands ensures significant involvement in key tourist and business hubs, impacting sectors such as travel, tourism, and real estate. By leveraging strategic partnerships with renowned hotel chains, DiamondRock enhances its market presence and capitalizes on industry trends. Acknowledged for its adept asset management and operational efficiency, DiamondRock Hospitality Company contributes to the broader economic landscape by facilitating job creation and supporting local economies in the cities where its properties are located.
Dividend Overview
Dividend Yield
3.10%
Annual Dividend
$0.38
Frequency
Quarterly
Payout Ratio
71.74%
FCF Payout Ratio
51.06%
52-Week Range
$7.45 - $12.45
Dividend History (2016–2025)
DRH annual dividend per share and yield history
Earnings & Profitability
DRH earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
June 30, 2026
Next Payment Date
July 14, 2026
Dividend Growth
3-Year Dividend CAGR
81.71%
5-Year Dividend CAGR
N/A
10-Year Dividend CAGR
-3.23%
3-Year Total Growth
500.00%
5-Year Total Growth
N/A
10-Year Total Growth
-28.00%
Income Calculator
Frequently Asked Questions
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How is DRH's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.