Ryman Hospitality Properties declares $1.15 dividend, schedules October payout By Investing.com
(NYSE:RHP), a hospitality REIT with a market capitalization of $6.07 billion, announced Wednesday that it has declared a cash dividend of $1.15 per common share, representing a 4.65% yield. The dividend is scheduled to be paid on October 15 to shareholders of record as of the close of business on September 30. According to InvestingPro, RHP has maintained a consistent dividend growth track record, raising dividends for three consecutive years.
According to a statement released by the company, a corresponding cash distribution of $1.15 per partnership unit will also be paid by its subsidiary, RHP Hotel Properties, LP, to holders of record as of September 30. Both distributions will be paid on October 15. The company maintains strong financial health with a “GREAT” rating from InvestingPro, supported by solid liquidity metrics and 6.21% revenue growth in the last twelve months.
The company stated that these dividends are being treated as described under 29 CFR § 4043.31(a) in relation to its frozen defined benefit pension plan, the Retirement Plan for Employees of Ryman Hospitality Properties, Inc. The recipients of these dividends are not members of the plan’s controlled group.
Ryman Hospitality Properties has previously paid cash dividends of $1.15 per common share on January 15, April 15, and July 15 of this year to shareholders of record on the last day of the preceding quarters. RHP Hotel Properties, LP has issued corresponding distributions to partnership unit holders on the same schedule.
This information is based on a statement from the company’s filing with the Securities and Exchange Commission.
In other recent news, Ryman Hospitality Properties reported its second-quarter 2025 earnings, showing a mixed performance. The company achieved a revenue of $659.5 million, exceeding the forecasted $617.2 million by 6.85%. However, its earnings per share (EPS) fell short, coming in at $1.12 against an expected $1.29, representing a -13.18% surprise. Additionally, Ryman Hospitality Properties announced a third-quarter cash dividend of $1.15 per share of common stock. This dividend is scheduled to be paid on October 15, 2025, to stockholders of record as of September 30, 2025. These recent developments provide investors with crucial insights into the company’s financial performance and shareholder returns.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
