Atour Lifestyle Holdings Limited Sponsored ADR Declares Annual Dividend of $0.36 (NASDAQ:ATAT)

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) declared an annual dividend on Tuesday, November 25th. Stockholders of record on Friday, December 5th will be paid a dividend of 0.36 per share on Monday, December 22nd. This represents a dividend yield of 97.0%. The ex-dividend date of this dividend is Friday, December 5th.

Atour Lifestyle has a payout ratio of 19.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Atour Lifestyle to earn $1.53 per share next year, which means the company should continue to be able to cover its $0.39 annual dividend with an expected future payout ratio of 25.5%.

Atour Lifestyle Stock Performance

Shares of NASDAQ ATAT traded down $0.67 during mid-day trading on Tuesday, reaching $37.16. 1,718,653 shares of the company’s stock were exchanged, compared to its average volume of 1,310,576. The firm has a market capitalization of $5.14 billion, a price-to-earnings ratio of 26.93, a PEG ratio of 1.02 and a beta of 0.79. Atour Lifestyle has a 52-week low of $21.50 and a 52-week high of $42.34. The company’s 50-day moving average is $38.12 and its 200-day moving average is $35.52.

Atour Lifestyle (NASDAQ:ATAT) last announced its earnings results on Tuesday, August 26th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.01. The company had revenue of $344.49 million for the quarter, compared to analyst estimates of $326.00 million. Atour Lifestyle had a return on equity of 45.66% and a net margin of 16.52%. As a group, equities analysts predict that Atour Lifestyle will post 1.24 earnings per share for the current fiscal year.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.