BETHESDA, Md., March 2, 2023 /PRNewswire/ — DiamondRock Hospitality Company (the “Company”) (NYSE: DRH) today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share to be paid on April 12, 2023 to shareholders of record as of March 31, 2023.
The Company’s Board of Directors also declared a quarterly cash dividend of $0.515625 per share on its Series A Cumulative Redeemable Preferred Stock, which will be paid on March 31, 2023 to shareholders of record as of March 17, 2023.
About the Company
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 35 premium quality hotels with approximately 9,600 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company’s website at www.drhc.com.
SOURCE DiamondRock Hospitality Company
Originally published at https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-declares-dividends-for-first-quarter-2023-301761326.html
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Real Estate - Miami in News originally published at Real Estate - Miami in News