|Bid||7.02 x 3100|
|Ask||10.20 x 3100|
|Day's Range||7.34 - 7.61|
|52 Week Range||7.18 - 11.15|
|Beta (5Y Monthly)||1.60|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 03, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 31, 2019|
|1y Target Est||10.50|
DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that it successfully refinanced its primary unsecured credit facility to further enhance the strength and flexibility of its balance sheet. The Company entered into an amendment and restatement of its existing $750 million credit facility (the "Credit Facility"), increasing the total Credit Facility to $1.2 billion and extending the Company's maturity schedule. The Credit Facility is comprised of a $400 million revolving
The hotel industry is focused on the provision of short-term lodging, including hotels and motels, as well as accommodation-related services. The hotel industry is split into two main categories of companies: C-corporation hotels such as Marriott International Inc. and Hilton Worldwide Holdings Inc.; and hotel real estate investment trusts (REITs) such as DiamondRock Hospitality Co. and Park Hotels & Resorts Inc.
DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a quarterly dividend of $0. 515625 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on September 30, 2022 to shareholders of record as of September 16, 2022.