DiamondRock Hospitality Company
DRHReal Estate · REIT - Hotel & Motel · Stock · quarterly payer
Forward Yield
3.53%
Annual Dividend
$0.44
Payout Ratio
47%
5-Yr Growth
—
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about DRH's dividend
Data as of · Source: SmarterDividends data
- As of Oct 1, 2026, DiamondRock Hospitality Company (DRH) has a forward dividend yield of 3.53%, based on an annual dividend of $0.44 per share and a share price of $12.36.
- As of Oct 1, 2026, DRH's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
- DRH last cut its regular dividend in 2023.
- DRH's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.11 per share.
- As of Oct 1, 2026, DRH pays out 47% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 1, 2026, DRH's 3.53% yield is 35% above its five-year average yield of 2.61%.
- As of Oct 1, 2026, SmarterDividends' blended fair-value estimate for DRH is $10.17 per share, 18% below the $12.36 share price, so DRH screens as overvalued.
- DiamondRock Hospitality Company (DRH) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "DRH Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 1, 2026, https://smarterdividends.com/stocks/DRH
Summary
As of Oct 1, 2026, DiamondRock Hospitality Company (DRH) yields 3.53% ($0.44 a year per share) and has a dividend safety grade of C (53/100).
Is DRH a good dividend stock?
MixedDiamondRock Hospitality Company (DRH) pays a quarterly dividend yielding 3.53% ($0.44/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (47%)
Risks
- Cut its dividend in 2023
Key Data
- Dividend Yield
- 3.53%
- Payout Ratio
- 47%
- Annual Dividend
- $0.44
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.99
- Market Cap
- $2.5B
- P/E Ratio
- 17.4
- 5-Yr Total Return
- 38%
- 52-Week Range
- $7.48 – $13.79
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Is DRH a good dividend stock?
Mixed. DiamondRock Hospitality Company (DRH) pays a quarterly dividend yielding 3.53% ($0.44/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is DRH undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DRH's fair value is about $10.17 versus a $12.36 share price — so it looks overvalued (-18% vs. fair value).
Is DRH's dividend safe?
DRH has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2023, debt and yield-versus-history.
What is DRH's fair value?
Our blended fair-value estimate for DRH is about $10.17 per share, about 18% below the current $12.36 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DRH a buy, hold, or sell?
We don't issue formal ratings, but on the data DRH screens as "mixed" and overvalued. DiamondRock Hospitality Company (DRH) pays a quarterly dividend yielding 3.53% ($0.44/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will DRH cut its dividend?
DRH earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DRH pay a dividend?
Yes. DiamondRock Hospitality Company pays a quarterly dividend of about $0.44 per share annually, a forward yield of roughly 3.53%.
What is DRH's dividend yield?
As of Oct 1, 2026, DRH's forward dividend yield is 3.53%, based on a $0.44 annual dividend and a $12.36 share price.
What is DRH's dividend per share?
As of Oct 1, 2026, DRH pays $0.44 per share per year, distributed on a quarterly basis.
What is DRH's dividend payout ratio?
As of Oct 1, 2026, DRH's payout ratio is 47% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DRH grown its dividend?
As of Oct 1, 2026, DRH has increased its dividend for 1 consecutive years.
When is the next DRH ex-dividend date?
As of Oct 1, 2026, DRH's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.11 per share.
DRH Price — Last 12 Months
Daily close
Price Return
1 Year
+60%
3 Years
+62%
5 Years
+38%
52-Week Range
$7.48 – $13.79
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DRH worth?
Overvaluedlow confidenceOur blended fair-value estimate for DiamondRock Hospitality Company is $10.17 per share, versus a market price of $12.36. That implies 18% of downside.
Fair Value
$10.17
Current Price
$12.36
Downside
-18%
Margin of Safety
-22%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.2% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.71 EPS, $0.44 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DRH Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full DRH dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 14, 2026 | $0.1100 | regular |
| Jun 30, 2026 | Jul 14, 2026 | $0.0900 | regular |
| Mar 31, 2026 | Apr 14, 2026 | $0.0900 | regular |
| Dec 31, 2025 | Jan 14, 2026 | $0.1200 | regular |
| Sep 30, 2025 | Oct 14, 2025 | $0.0800 | regular |
| Jun 30, 2025 | Jul 11, 2025 | $0.0800 | regular |
| Mar 28, 2025 | Apr 11, 2025 | $0.0800 | regular |
| Dec 31, 2024 | Jan 14, 2025 | $0.2300 | regular |
| Sep 30, 2024 | Oct 11, 2024 | $0.0300 | regular |
| Jun 28, 2024 | Jul 12, 2024 | $0.0300 | regular |
| Mar 27, 2024 | Apr 12, 2024 | $0.0300 | regular |
| Dec 28, 2023 | Jan 11, 2024 | $0.0300 | regular |
| Sep 28, 2023 | Oct 12, 2023 | $0.0300 | regular |
| Jun 29, 2023 | Jul 12, 2023 | $0.0300 | regular |
Income Calculator
At $0.44 / yr per share
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