Dalata Hotel Group (LON:DAL) Sets New 12-Month High – Here’s What Happened

Dalata Hotel Group plc (LON:DAL)’s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 488 ($6.30) and last traded at GBX 459.84 ($5.94), with a volume of 2697 shares changing hands. The stock had previously closed at GBX 450 ($5.81).

Dalata Hotel Group Trading Up 2.2 %

The firm has a market capitalization of £1.17 billion, a P/E ratio of 14.77 and a beta of 1.65. The stock’s 50-day simple moving average is GBX 413.33 and its two-hundred day simple moving average is GBX 380.50. The company has a debt-to-equity ratio of 69.13, a current ratio of 0.82 and a quick ratio of 0.70.

Dalata Hotel Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 3rd will be issued a dividend of €0.08 ($0.09) per share. The ex-dividend date of this dividend is Thursday, April 3rd. This is a boost from Dalata Hotel Group’s previous dividend of $0.04. This represents a yield of 1.52%. Dalata Hotel Group’s dividend payout ratio (DPR) is currently 32.12%.

Dalata Hotel Group Company Profile

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.