H World Group Limited (NASDAQ:HTHT) Increases Dividend to $0.95 Per Share

H World Group Limited (NASDAQ:HTHT) declared a — dividend on Thursday, March 20th, Wall Street Journal reports. Stockholders of record on Wednesday, April 9th will be given a dividend of 0.95 per share on Wednesday, April 30th. This represents a dividend yield of 4.1%. The ex-dividend date is Wednesday, April 9th. This is a 179.4% increase from H World Group’s previous — dividend of $0.34.

H World Group has a dividend payout ratio of 88.2% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities research analysts expect H World Group to earn $1.89 per share next year, which means the company may not be able to cover its $1.94 annual dividend with an expected future payout ratio of 102.6%.

H World Group Stock Down 10.0 %

Shares of H World Group stock opened at $33.43 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The business has a 50-day moving average of $35.70 and a two-hundred day moving average of $35.23. H World Group has a 1 year low of $27.03 and a 1 year high of $42.98. The company has a market capitalization of $10.47 billion, a P/E ratio of 20.26, a price-to-earnings-growth ratio of 1.28 and a beta of 0.60.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HTHT shares. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. HSBC lowered H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, H World Group currently has an average rating of “Moderate Buy” and a consensus target price of $44.68.

About H World Group

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.