- Choice Hotels International Inc's CHH board of directors had approved a 6% increase in the quarterly cash dividend on its common stock from $0.225 per share to $0.2375 per share.
- The dividend increase is effective with the dividend payable on January 18, 2022, to shareholders of record on January 4, 2022.
- The increase will result in a projected annual dividend rate of $0.95 per annum.
- Choice Hotels held $415.12 million in cash and equivalents as of September 30, 2021.
- Price Action: CHH shares are trading higher by 2.66% at $147.76 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
