DIAMONDROCK HOSPITALITY DECLARES DIVIDEND OF $0.03 PER SHARE

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Sep 01, 2022, 17:00 ET

BETHESDA, Md., Sept. 1, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that its Board of Directors has declared a quarterly dividend of $0. 515625 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on September 30, 2022 to shareholders of record as of September 16, 2022.

As previously announced in the Company's second quarter 2022 earnings release, the Company's Board of Directors declared a quarterly cash dividend of $0.03 per common share. The dividend is payable on October 12, 2022 to shareholders of record as of September 30, 2022.

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 leisure destinations and top gateway markets. The Company currently owns 34 premium quality hotels with over 9,500 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.

SOURCE DiamondRock Hospitality Company