Choice Hotels Keeps Dividend Steady

Hotel franchiser Choice Hotels Internationalannounced today its third-quarter dividend of $0.185 per share, the same rate it's paid since 2008.

The board of directors said the quarterly dividend is payable on October 16 to holders of record at the close of business on October 10. The regular dividend payment equates to a $0.74-per-share annual dividend, yielding 1.8% based on the closing price today of Choice Hotels International's stock.

CHH Dividend data by YCharts. Chart reflect payment of a special dividend in August 2012.

The article Choice Hotels Keeps Dividend Steady originally appeared on Fool.com.

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