Hotel Property Investments (ASX:HPI) to Issue Dividend Increase – $0.10 Per Share

Hotel Property Investments (ASX:HPIGet Free Report) announced a final dividend on Tuesday, June 18th, MarketIndexAU reports. Shareholders of record on Thursday, September 5th will be given a dividend of 0.095 per share on Thursday, September 5th. This represents a dividend yield of 2.88%. The ex-dividend date is Wednesday, June 26th. This is a positive change from Hotel Property Investments’s previous final dividend of $0.09.

Hotel Property Investments Stock Performance

The company has a quick ratio of 0.06, a current ratio of 0.21 and a debt-to-equity ratio of 60.48.

Hotel Property Investments Company Profile

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HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Queensland Venue Company (QVC), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group.

See Also

Dividend History for Hotel Property Investments (ASX:HPI)

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