GreenTree Hospitality Group Ltd. (NYSE:GHG) Declares $0.10 Variable Dividend

GreenTree Hospitality Group Ltd. (NYSE:GHG) declared a Variable dividend on Thursday, August 15th, Zacks reports. Shareholders of record on Monday, September 30th will be paid a dividend of 0.10 per share on Wednesday, October 16th. This represents a yield of 3.1%. The ex-dividend date of this dividend is Monday, September 30th.

GreenTree Hospitality Group Stock Performance

GreenTree Hospitality Group stock opened at $3.23 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.48 and a current ratio of 1.49. The company has a market capitalization of $327.99 million, a PE ratio of 7.69 and a beta of 0.50. The company has a 50 day moving average price of $2.55 and a 200-day moving average price of $2.77. GreenTree Hospitality Group has a fifty-two week low of $2.31 and a fifty-two week high of $4.61.

GreenTree Hospitality Group (NYSE:GHG) last issued its earnings results on Thursday, August 15th. The company reported $0.36 earnings per share for the quarter. GreenTree Hospitality Group had a return on equity of 16.13% and a net margin of 16.34%. The business had revenue of $45.37 million during the quarter.

About GreenTree Hospitality Group

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree Inns brand in the People's Republic of China. It also engages in investment holding activities; and provision of information technology services. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China.