DiamondRock Increases Quarterly Dividend By 21% To $0.1025 Per Share
BETHESDA, Md., March 25, 2014 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced its quarterly dividend to stockholders of record as of March 31, 2014 will be paid on April 10, 2014. The quarterly dividend of $0.1025 per share reflects an increase of approximately 21% over the Company's quarterly dividend paid during 2013.
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 26 premium quality hotels with over 11,100 rooms. The Company has strategically positioned its hotels to generally be operated under leading global brands such as Hilton, Marriott, and Westin. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.
SOURCE DiamondRock Hospitality Company