Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Declares Dividend Increase – $0.54 Per Share

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATATGet Free Report) declared an annual dividend on Wednesday, May 13th. Investors of record on Friday, June 5th will be paid a dividend of 0.54 per share on Monday, June 22nd. This represents a dividend yield of 140.0%. The ex-dividend date of this dividend is Friday, June 5th. This is a 50.0% increase from Atour Lifestyle’s previous annual dividend of $0.36.

Atour Lifestyle has a dividend payout ratio of 16.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Atour Lifestyle to earn $2.42 per share next year, which means the company should continue to be able to cover its $0.33 annual dividend with an expected future payout ratio of 13.6%.

Atour Lifestyle Price Performance

ATAT stock traded up $1.55 during midday trading on Friday, hitting $38.52. The stock had a trading volume of 728,488 shares, compared to its average volume of 1,178,425. The firm has a market cap of $5.32 billion, a price-to-earnings ratio of 20.72, a price-to-earnings-growth ratio of 0.91 and a beta of 0.72. The business has a 50-day moving average of $37.02 and a two-hundred day moving average of $38.51. Atour Lifestyle has a 52-week low of $29.02 and a 52-week high of $43.17.

Atour Lifestyle (NASDAQ:ATATGet Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.11. The company had revenue of $407.74 million for the quarter, compared to analysts’ expectations of $379.74 million. Atour Lifestyle had a return on equity of 52.71% and a net margin of 17.22%. Research analysts predict that Atour Lifestyle will post 2.07 earnings per share for the current year.

Atour Lifestyle Company Profile

(Get Free Report)

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.

Further Reading

Dividend History for Atour Lifestyle (NASDAQ:ATAT)

Receive News & Ratings for Atour Lifestyle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atour Lifestyle and related companies with MarketBeat.com's FREE daily email newsletter.