trending Market Intelligence /marketintelligence/en/news-insights/trending/mOYHaPZcQ35dTsP7BxwCtQ2 content esgSubNav
In This List

Choice Hotels boosts dividend 5%, expands share buyback program

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


Choice Hotels boosts dividend 5%, expands share buyback program

Choice Hotels International Inc.'s board agreed to bump up the quarterly cash dividend by 5% to 21.5 cents per common share, up from a previous payout of 20.5 cents apiece.

The board also approved the addition of 3 million shares to the company's stock buyback program.

The increased dividend is payable Jan. 18, 2017, to shareholders of record Jan. 4, 2017.