Dalata Hotel Group plc (LON:DAL) Announces Dividend of €0.04

Dalata Hotel Group plc (LON:DAL) declared a dividend on Wednesday, September 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 12th will be paid a dividend of €0.04 ($0.05) per share on Friday, October 4th. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, September 12th. The official announcement can be viewed at this link.

Dalata Hotel Group Price Performance

Shares of LON DAL opened at GBX 363 ($4.77) on Friday. Dalata Hotel Group has a 52 week low of GBX 324 ($4.26) and a 52 week high of GBX 436 ($5.73). The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 68.42. The firm has a market cap of £814.68 million, a P/E ratio of 1,067.65 and a beta of 1.65. The business’s 50 day moving average price is GBX 352.47 and its 200 day moving average price is GBX 363.30.

Analysts Set New Price Targets

Separately, Berenberg Bank lowered their price target on shares of Dalata Hotel Group from GBX 510 ($6.71) to GBX 480 ($6.31) and set a “buy” rating on the stock in a report on Wednesday.

Dalata Hotel Group Company Profile

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.