PPHE Hotel Group Limited (PPH) to Issue Dividend of GBX 17 on October 15th

PPHE Hotel Group Limited (LON:PPH) announced a dividend on Thursday, August 29th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of GBX 17 ($0.22) per share on Tuesday, October 15th. This represents a yield of 1.25%. The ex-dividend date is Thursday, September 19th. This is a positive change from PPHE Hotel Group’s previous dividend of $16.00. The official announcement can be accessed at this link.

PPHE Hotel Group Stock Performance

Shares of PPH stock opened at GBX 1,335 ($17.61) on Friday. The company has a debt-to-equity ratio of 220.34, a quick ratio of 1.19 and a current ratio of 1.42. PPHE Hotel Group has a fifty-two week low of GBX 1,000 ($13.19) and a fifty-two week high of GBX 1,530.75 ($20.19). The stock has a 50 day moving average price of GBX 1,354.49 and a two-hundred day moving average price of GBX 1,366.76. The company has a market capitalization of £560.57 million, a P/E ratio of 2,518.87 and a beta of 1.13.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 17 ($0.22) price objective on shares of PPHE Hotel Group in a research report on Friday.

PPHE Hotel Group Company Profile

PPHE Hotel Group Limited owns, co-owns, develops, leases, operates, and franchises full-service upscale, upper upscale, and lifestyle hotels in the Netherlands, Germany, Hungary, Croatia, Serbia, Italy, Austria, and the United Kingdom. It owns and operates hotels and resorts under the Park Plaza, the art'otel, Radisson Collection, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.