Dalata Hotel Group PLC (LON:DAL) Plans €0.04 Dividend

Dalata Hotel Group PLC (LON:DAL) declared a dividend on Tuesday, September 3rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 12th will be given a dividend of €0.04 ($0.04) per share on Friday, October 4th. This represents a dividend yield of 0.75%. The ex-dividend date is Thursday, September 12th. The official announcement can be viewed at this link.

LON:DAL traded up GBX 18 ($0.24) during mid-day trading on Wednesday, hitting GBX 450.50 ($5.89). The stock had a trading volume of 1,022 shares, compared to its average volume of 33,711. The company has a current ratio of 0.77, a quick ratio of 0.65 and a debt-to-equity ratio of 74.75. The company has a 50 day simple moving average of GBX 424.11 and a 200-day simple moving average of GBX 471.88. The stock has a market capitalization of $830.88 million and a price-to-earnings ratio of 10.22. Dalata Hotel Group has a 52 week low of GBX 379.50 ($4.96) and a 52 week high of GBX 628.34 ($8.21).

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 700 ($9.15) target price on shares of Dalata Hotel Group in a research report on Tuesday, September 3rd.

In other Dalata Hotel Group news, insider Stephen McNally acquired 10,000 shares of Dalata Hotel Group stock in a transaction dated Wednesday, September 4th. The stock was acquired at an average cost of GBX 466 ($6.09) per share, for a total transaction of £46,600 ($60,891.15).

Dalata Hotel Group Company Profile

Dalata Hotel Group plc owns and operates hotels under the Clayton Hotel and Maldron Hotel brand names in Ireland and the United Kingdom. It operates in four segments: Dublin, Regional Ireland, United Kingdom, and Managed Hotels. The company operates three-star and four-star hotels. It also operates Red Bean Roastery coffee spaces; Grain & Grill restaurants; and Club Vitae leisure centers in hotels.

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