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Dec. 13, 2019, 1:16 p.m. EST

Choice Hotels raises quarterly cash dividend by 5% to 22.50 cents a share

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By Ciara Linnane

Choice Hotels International Inc. /zigman2/quotes/202943946/composite CHH +1.77% said Friday its board has approved a 5% increase in its quarterly cash dividend to 22.50 cents a share. The new dividend will be payable Jan. 16 to shareholders of record as of Jan. 2. Shares were not active premarket but have gained 41% in 2019, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.60% has gained 26%.

/zigman2/quotes/202943946/composite
US : U.S.: NYSE
$ 86.32
+1.50 +1.77%
Volume: 409,354
Sept. 25, 2020 4:00p
P/E Ratio
28.22
Dividend Yield
0.00%
Market Cap
$4.78 billion
Rev. per Employee
$553,296
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/zigman2/quotes/210599714/realtime
US : S&P US
3,298.46
+51.87 +1.60%
Volume: 2.18B
Sept. 25, 2020 5:06p
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