GreenTree Hospitality Group Ltd. Sponsored ADR (GHG) To Go Ex-Dividend on October 31st

GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) declared a quarterly dividend on Tuesday, September 30th, RTT News reports. Investors of record on Friday, October 31st will be given a dividend of 0.06 per share on Tuesday, November 25th. This represents a c) dividend on an annualized basis and a dividend yield of 10.9%. The ex-dividend date is Friday, October 31st.

GreenTree Hospitality Group Price Performance

GreenTree Hospitality Group stock opened at $2.21 on Thursday. GreenTree Hospitality Group has a one year low of $1.81 and a one year high of $3.35. The stock’s 50 day moving average is $2.16 and its 200 day moving average is $2.19. The firm has a market cap of $224.36 million, a P/E ratio of 5.14 and a beta of 0.52.

Hedge Funds Weigh In On GreenTree Hospitality Group

An institutional investor recently raised its position in GreenTree Hospitality Group stock. Genus Capital Management Inc. raised its holdings in GreenTree Hospitality Group Ltd. Sponsored ADR (NYSE:GHG) by 200.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,616 shares of the company’s stock after buying an additional 31,232 shares during the quarter. Genus Capital Management Inc.’s holdings in GreenTree Hospitality Group were worth $38,000 as of its most recent SEC filing. Institutional investors own 8.05% of the company’s stock.

GreenTree Hospitality Group Company Profile

GreenTree Hospitality Group Ltd., through its subsidiaries, develops leased-and-operated, and franchised-and-managed hotels under the GreenTree Inns brand in the People's Republic of China. It also engages in investment holding activities; and provision of information technology services. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China.