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/PRNewswire/ DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a dividend of $0.515625.
DiamondRock Hospitality Company Reports First Quarter Results
Portfolio Turns Cash Flow Positive in March
Completes Frenchman s Reef Transaction
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BETHESDA, Md., May 6, 2021 /PRNewswire/ DiamondRock Hospitality Company (the Company ) (NYSE: DRH), a lodging-focused real estate investment trust that owns a portfolio of 30 premium hotels in the United States, today announced results of operations for the quarter ended March 31, 2021.
First Quarter 2021 Highlights:
Comparable Revenues: Comparable total revenues decreased 57.1% from the comparable period of 2020.
Comparable RevPAR: RevPAR decreased 54.4% from the comparable period of 2020.
Hotel Adjusted EBITDA: Hotel Adjusted EBITDA was ($2.6) million, a 65.8% improvement from the fourth quarter of 2020.
DiamondRock Hospitality Company Announces Tax Treatment Of 2020 Dividends
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BETHESDA, Md., Jan. 22, 2021 /PRNewswire/ DiamondRock Hospitality Company (the Company ) (NYSE: DRH) announced today the following tax treatment of its 2020 dividend distributions to the holders of the Company s common and preferred stock.
Common Stock (DRH CUSIP # 252784301):
Record Date
Record Date
$0.693225
The table above reflects the treatment of the dividends for the 2020 tax year. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company s distributions.
About the Company
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. Th
/PRNewswire/ DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the fourth quarter 2020 on Wednesday, February.