SmarterDividends
SHO

Sunstone Hotel Investors, Inc.

SHO

Real Estate · REIT - Hotel & Motel · Stock · quarterly payer

$11.83

Overvalued · -31% Add to Portfolio

Forward Yield

3.04%

Annual Dividend

$0.36

Payout Ratio

171%

5-Yr Growth

12.5%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about SHO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Sunstone Hotel Investors, Inc. (SHO) has a forward dividend yield of 3.04%, based on an annual dividend of $0.36 per share and a share price of $11.83.
  • As of Oct 18, 2026, SHO's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Sunstone Hotel Investors, Inc. (SHO) has raised its dividend for 3 consecutive years as of Oct 18, 2026.
  • SHO last cut its regular dividend in 2014.
  • SHO's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.0900 per share.
  • As of Oct 18, 2026, SHO pays out 171% of its trailing 12-month earnings as dividends (its payout ratio).
  • SHO's dividend has grown at an average rate of 12.5% a year over the past five years.
  • As of Oct 18, 2026, SHO's 3.04% yield is 11% above its five-year average yield of 2.75%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SHO is $8.13 per share, 31% below the $11.83 share price, so SHO screens as overvalued.
  • Sunstone Hotel Investors, Inc. (SHO) pays its dividend quarterly, 4 times a year.
  • Sunstone Hotel Investors, Inc. (SHO) has raised its regular dividend 5 times and cut it 0 times across the 61 payments on record since 2004. Its most recent change was a 28.6% increase to $0.0900 per share, going ex-dividend on Jun 28, 2024.
Cite this page

SmarterDividends, "SHO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SHO

Summary

As of Oct 18, 2026, Sunstone Hotel Investors, Inc. (SHO) yields 3.04% ($0.36 a year per share), has a dividend safety grade of C (59/100) and has 3 consecutive years of dividend increases on record.

Is SHO a good dividend stock?

Yes, with caveats

Sunstone Hotel Investors, Inc. (SHO) pays a quarterly dividend yielding 3.04% ($0.36/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 12.5% 5-yr dividend growth

Risks

  • Cut its dividend in 2014
  • Elevated payout ratio (171%)

Key Data

Dividend Yield
3.04%
Payout Ratio
171%
Annual Dividend
$0.36
5-Yr Avg Growth
12.5%
Ex-Dividend Date
Sep 30, 2026
Years of Growth
3
Frequency
quarterly
Beta
1.02
Market Cap
$2.2B
P/E Ratio
56.3
5-Yr Total Return
9%
52-Week Range
$8.69 – $12.34
Dividend Safety
C · 59/100
Ever Cut?
Yes (2014)

SHO dividend raises and cuts

Sunstone Hotel Investors, Inc. (SHO) has raised its regular dividend 5 times and cut it 0 times across the 61 payments on record since 2004. Its most recent change was a 28.6% increase to $0.0900 per share, going ex-dividend on Jun 28, 2024.

Ex-dateChangeOld → newMove
Jun 28, 2024Raise$0.0700 → $0.0900+28.6%
Sep 28, 2023Raise$0.0500 → $0.0700+40.0%
Dec 27, 2007Raise$0.320 → $0.350+9.4%
Dec 27, 2006Raise$0.300 → $0.320+6.7%
Dec 28, 2005Raise$0.285 → $0.300+5.3%
Every SHO payment →Download every raise and cut (CSV)
SHO ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →SHO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SHO a good dividend stock?

Yes, with caveats. Sunstone Hotel Investors, Inc. (SHO) pays a quarterly dividend yielding 3.04% ($0.36/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is SHO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SHO's fair value is about $8.13 versus a $11.83 share price — so it looks overvalued (-31% vs. fair value).

Is SHO's dividend safe?

SHO has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2014, debt and yield-versus-history.

What is SHO's fair value?

Our blended fair-value estimate for SHO is about $8.13 per share, about 31% below the current $11.83 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SHO a buy, hold, or sell?

We don't issue formal ratings, but on the data SHO screens as "yes, with caveats" and overvalued. Sunstone Hotel Investors, Inc. (SHO) pays a quarterly dividend yielding 3.04% ($0.36/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will SHO cut its dividend?

SHO earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2014). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SHO pay a dividend?

Yes. Sunstone Hotel Investors, Inc. pays a quarterly dividend of about $0.36 per share annually, a forward yield of roughly 3.04%.

What is SHO's dividend yield?

As of Oct 18, 2026, SHO's forward dividend yield is 3.04%, based on a $0.36 annual dividend and a $11.83 share price.

What is SHO's dividend per share?

As of Oct 18, 2026, SHO pays $0.36 per share per year, distributed on a quarterly basis.

What is SHO's dividend payout ratio?

As of Oct 18, 2026, SHO's payout ratio is 171% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has SHO grown its dividend?

As of Oct 18, 2026, SHO has increased its dividend for 3 consecutive years.

When is the next SHO ex-dividend date?

As of Oct 18, 2026, SHO's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.0900 per share.

Income Calculator

At $0.36 / yr per share

Per payment (quarterly)$9.00
Annual$36.00
Monthly avg$3.00

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