InterContinental Hotels Raises Interim Dividend

InterContinental Hotels (GB:IHG) has released an update.

InterContinental Hotels Group PLC has announced a 10% increase in their interim dividend to 53.2 cents per share, up from 48.3 cents the previous year, underlining the company’s financial growth. The dividend dates are set, with the ex-dividend date for ordinary shares on 29 August 2024, and for American Depositary Receipts on 30 August 2024, leading to a total dividend payout of approximately $255 million for the year. Shareholders also have the option to reinvest their dividends through the Dividend Reinvestment Plan offered by Equiniti Financial Services Limited.

For further insights into GB:IHG stock, check out TipRanks’ Stock Analysis page.