InnSuites Hospitality Trust Plans Semi-annual Dividend of $0.01 (NYSE:IHT)

Posted by Jeanne O'Marion on Jan 14th, 2025

InnSuites Hospitality Trust (NYSE:IHT – Get Free Report) announced a semi-annual dividend on Monday, January 13th,Wall Street Journal reports. Investors of record on Friday, January 24th will be given a dividend of 0.01 per share on Wednesday, February 5th. This represents a dividend yield of 0.8%. The ex-dividend date is Friday, January 24th.

InnSuites Hospitality Trust Stock Down 3.5 %

NYSE:IHT opened at $2.50 on Tuesday. The firm has a market capitalization of $21.91 million, a price-to-earnings ratio of -41.66 and a beta of 0.21. The stock’s 50 day moving average price is $2.19 and its two-hundred day moving average price is $1.94. InnSuites Hospitality Trust has a twelve month low of $1.25 and a twelve month high of $2.70. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 4.54.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of InnSuites Hospitality Trust in a report on Saturday. They issued a “hold” rating on the stock.

Read Our Latest Stock Report on InnSuites Hospitality Trust

About InnSuites Hospitality Trust

(Get Free Report)

InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS.