Dalata Hotel Group (LON:DAL) Hits New 12-Month High – Should You Buy?

Shares of Dalata Hotel Group plc (LON:DAL) hit a new 52-week high on Monday . The stock traded as high as GBX 488 ($6.32) and last traded at GBX 459.84 ($5.95), with a volume of 2697 shares. The stock had previously closed at GBX 450 ($5.83).

Dalata Hotel Group Stock Performance

The firm has a market cap of £1.19 billion, a P/E ratio of 15.10 and a beta of 1.65. The company has a quick ratio of 0.70, a current ratio of 0.82 and a debt-to-equity ratio of 69.13. The business has a fifty day simple moving average of GBX 416.09 and a 200-day simple moving average of GBX 382.03.

Dalata Hotel Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 3rd will be paid a dividend of €0.08 ($0.09) per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 1.52%. This is a positive change from Dalata Hotel Group’s previous dividend of $0.04. Dalata Hotel Group’s payout ratio is presently 32.12%.

About Dalata Hotel Group

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.