DiamondRock Hospitality Company's Board of Directors declared a fourth-quarter dividend of $0.23 per common share. This payout includes a regular quarterly dividend of $0.03 per common share and a special stub dividend of $0.20 per common share.
The total common dividends declared for 2024 amounted to $0.32 per share. The dividend is scheduled for payment on January 14, 2025, to shareholders of record as of December 31, 2024.
Looking ahead, the company anticipates declaring regular quarterly dividends of $0.08 per common share in 2025. A potential additional stub dividend in the fourth quarter of 2025 is also expected, contingent on the company's operating income.
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