Ryman Hospitality Properties Announces Exciting Dividend Update
Ryman Hospitality Properties Declares Second Quarter Dividend
Nashville's beloved Ryman Hospitality Properties, Inc. (NYSE: RHP) has made a significant announcement that reflects its ongoing commitment to shareholder value. The Board of Directors has authorized a generous cash dividend of $1.15 per share of common stock for the second quarter. This dividend is set to reward stockholders of record as of June 30, ensuring they receive the payout on July 15.
About Ryman Hospitality Properties, Inc.
Ryman Hospitality Properties, Inc. stands out as a premier lodging and hospitality real estate investment trust (REIT). With a focus on upscale convention center resorts, it cultivates extraordinary entertainment experiences. The company is home to a portfolio of stunning properties, including the renowned Gaylord Opryland Resort & Convention Center, along with four other Gaylord Convention Centers located across the country. These five resorts are among the largest non-gaming convention center hotels in the United States, recognized for their expansive indoor meeting spaces.
Diverse Offerings for Every Guest
The company boasts a diverse portfolio that includes not only the Gaylord properties but also the luxurious JW Marriott San Antonio Hill Country Resort & Spa. With over 11,400 rooms and more than 3 million square feet dedicated to meeting and event spaces, RHP caters to both leisure and business guests. This hospitality ecosystem is powered by Marriott International, ensuring that guests receive top-notch service and accommodations.
Entertainment Ventures and Community Impact
In addition to their impressive hotel offerings, Ryman Hospitality Properties holds a significant stake in Opry Entertainment Group (OEG), which encompasses a rich array of iconic country music brands. This includes the legendary Grand Ole Opry and Ryman Auditorium, both of which are steeped in history and culture. Through these entities, RHP not only provides entertainment but also drives economic growth and cultural enrichment in their communities.
Looking Ahead with Confidence
As the company continues to thrive in the hospitality sector, it remains committed to executing its strategic goals as a REIT. Adapting to the ever-changing landscape of the hospitality industry, Ryman Hospitality Properties focuses on improving guest experiences while sustaining profitability for its shareholders. This latest dividend underscores the firm’s resilience and dedication to providing value.
Investor Relations and Contact Information
Ryman Hospitality Properties invites investors to stay informed about their latest news and developments. With dedicated investor relations channels, the company provides transparency and engages with shareholders to foster trust and confidence. They can be contacted at the following:
Investor Relations Contacts:
Mark Fioravanti, President and CEO - (615) 316-6588
Email: mfioravanti@rymanhp.com
Jennifer Hutcheson, Chief Financial Officer - (615) 316-6320
Email: jhutcheson@rymanhp.com
Sarah Martin, Vice President Investor Relations - (615) 316-6011
Email: sarah.martin@rymanhp.com
Frequently Asked Questions
What is the recent dividend declared by Ryman Hospitality Properties?
Ryman Hospitality Properties has declared a cash dividend of $1.15 per share for the second quarter.
When will the dividend be paid?
The dividend will be paid on July 15 to stockholders of record as of June 30.
What type of properties does Ryman Hospitality manage?
The company specializes in upscale convention center resorts and entertainment venues, including several Gaylord properties.
How many rooms are included in Ryman's hotel portfolio?
Ryman Hospitality Properties manages a portfolio that includes over 11,400 rooms across its properties.
What is the significance of the Opry Entertainment Group for the company?
Opry Entertainment Group enhances RHP's offerings with iconic country music venues and cultural events, contributing to local economic growth.
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