Xenia Hotels Declares Quarterly Dividend of $0.14 per Share
Xenia Hotels & Resorts (XHR) has declared a quarterly dividend of $0.14 per share, consistent with its previous payout. The forward yield is currently estimated at 3.14%. The dividend will be payable on October 15 to shareholders of record as of September 30, with the ex-dividend date also set for September 30. The announcement comes amid a backdrop of improved guidance from Xenia Hotels, which recently raised its adjusted EBITDAre midpoint forecast to $273 million and expects RevPAR growth to reach a midpoint of 5.5%. Analysts continue to evaluate the company's valuation potential as it maintains steady dividend payments. The move reinforces investor confidence in the REIT’s stable income generation, though market reactions remain cautious given broader economic uncertainties.
Tickers: $XHR
Topics: dividends reit xenia hotels