H World Group Limited (NASDAQ:HTHT) Plans — Dividend of $0.95

H World Group Limited (NASDAQ:HTHT) announced a — dividend on Monday, March 24th, Wall Street Journal reports. Investors of record on Wednesday, April 9th will be given a dividend of 0.95 per share on Wednesday, April 30th. This represents a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, April 9th. This is a 179.4% increase from H World Group’s previous — dividend of $0.34.

H World Group Stock Up 0.4 %

Shares of H World Group stock traded up $0.15 during trading on Monday, hitting $37.75. 1,360,115 shares of the stock traded hands, compared to its average volume of 2,067,589. The company has a fifty day moving average price of $34.63 and a two-hundred day moving average price of $34.69. H World Group has a twelve month low of $27.03 and a twelve month high of $42.98. The stock has a market cap of $11.83 billion, a P/E ratio of 22.88, a PEG ratio of 1.28 and a beta of 0.70. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HTHT. HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target on the stock. in a research note on Wednesday, February 5th. Benchmark reduced their price target on H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. Finally, Hsbc Global Res downgraded H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, H World Group presently has a consensus rating of “Moderate Buy” and an average price target of $44.68.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.