Hospitality Properties Trust Declares Quarterly Dividend of $0.49 (HPT)
Hospitality Properties Trust (NYSE:HPT) announced a quarterly dividend on Thursday, July 10th, AnalystRatings.Net reports. Shareholders of record on Friday, July 25th will be paid a dividend of 0.49 per share on Friday, August 22nd. This represents a $1.96 annualized dividend and a dividend yield of 6.46%.
Shares of Hospitality Properties Trust (NYSE:HPT) opened at 30.32 on Thursday. Hospitality Properties Trust has a 1-year low of $24.66 and a 1-year high of $31.00. The stock has a 50-day moving average of $29.56 and a 200-day moving average of $28.18. The company has a market cap of $4.540 billion and a price-to-earnings ratio of 38.24.
Hospitality Properties Trust (NYSE:HPT) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.05. The company had revenue of $394.30 million for the quarter, compared to the consensus estimate of $362.21 million. During the same quarter in the previous year, the company posted $0.74 earnings per share. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. On average, analysts predict that Hospitality Properties Trust will post $3.16 earnings per share for the current fiscal year.
Hospitality Properties Trust (NYSE:HPT) is a real estate investment trust (REIT).
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