Dalata Hotel Group (LON:DAL) Hits New 1-Year High – Here’s Why

Dalata Hotel Group plc (LON:DALGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 488 ($6.30) and last traded at GBX 459.84 ($5.94), with a volume of 2697 shares trading hands. The stock had previously closed at GBX 450 ($5.81).

Dalata Hotel Group Trading Up 2.2 %

The company has a quick ratio of 0.70, a current ratio of 0.82 and a debt-to-equity ratio of 69.13. The company’s 50 day moving average price is GBX 413.33 and its two-hundred day moving average price is GBX 380.50. The firm has a market cap of £1.17 billion, a PE ratio of 14.77 and a beta of 1.65.

Dalata Hotel Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 3rd will be given a dividend of €0.08 ($0.09) per share. This represents a dividend yield of 1.52%. The ex-dividend date is Thursday, April 3rd. This is a positive change from Dalata Hotel Group’s previous dividend of $0.04. Dalata Hotel Group’s payout ratio is 32.12%.

About Dalata Hotel Group

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Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.

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