H World Group Limited Sponsored ADR (NASDAQ:HTHT) Announces $0.87 Dividend

H World Group Limited Sponsored ADR (NASDAQ:HTHT) declared a dividend on Monday, August 17th. Shareholders of record on Tuesday, September 8th will be given a dividend of 0.87 per share on Tuesday, September 22nd. This represents a yield of 373.0%. The ex-dividend date of this dividend is Tuesday, September 8th.

H World Group has raised its dividend by an average of 0.4%per year over the last three years. H World Group has a payout ratio of 116.9% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect H World Group to earn $2.87 per share next year, which means the company should continue to be able to cover its $2.56 annual dividend with an expected future payout ratio of 89.2%.

H World Group Stock Performance

NASDAQ HTHT opened at $46.61 on Tuesday. The company has a market capitalization of $14.33 billion, a P/E ratio of 20.90, a P/E/G ratio of 1.52 and a beta of 0.15. H World Group has a 12-month low of $32.99 and a 12-month high of $56.63. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The firm has a 50-day moving average price of $42.35 and a two-hundred day moving average price of $47.49.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings data on Monday, August 17th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. H World Group had a net margin of 19.22% and a return on equity of 39.73%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $998.88 million. Analysts anticipate that H World Group will post 2.55 earnings per share for the current year.

Institutional Investors Weigh In On H World Group

Several hedge funds have recently made changes to their positions in the company. TD Private Client Wealth LLC bought a new stake in shares of H World Group in the 4th quarter worth $45,000. EverSource Wealth Advisors LLC grew its stake in H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after acquiring an additional 649 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in H World Group during the third quarter valued at $66,000. Osaic Holdings Inc. raised its stake in shares of H World Group by 889.5% in the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after acquiring an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. raised its holdings in shares of H World Group by 20.1% in the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after buying an additional 277 shares during the period. 46.41% of the stock is currently owned by institutional investors.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.