H World Group Limited (NASDAQ:HTHT) Announces Dividend Increase – $0.95 Per Share

H World Group Limited (NASDAQ:HTHT) announced a — dividend on Thursday, March 20th, Wall Street Journal reports. Investors of record on Wednesday, April 9th will be given a dividend of 0.95 per share on Wednesday, April 30th. This represents a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, April 9th. This is a 179.4% increase from H World Group’s previous — dividend of $0.34.

H World Group has a dividend payout ratio of 88.2% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities research analysts expect H World Group to earn $1.89 per share next year, which means the company may not be able to cover its $1.94 annual dividend with an expected future payout ratio of 102.6%.

H World Group Stock Down 10.0 %

HTHT stock opened at $33.43 on Monday. H World Group has a twelve month low of $27.03 and a twelve month high of $42.98. The company has a market cap of $10.47 billion, a price-to-earnings ratio of 20.26, a P/E/G ratio of 1.28 and a beta of 0.60. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The business has a 50 day moving average price of $35.70 and a two-hundred day moving average price of $35.23.

Analyst Ratings Changes

Several analysts have issued reports on the stock. HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target on the stock. in a research report on Wednesday, February 5th. Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $44.68.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.