Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Raises Dividend to $0.54 Per Share

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT – Get Free Report) announced an annual dividend on Wednesday, May 13th. Investors of record on Friday, June 5th will be paid a dividend of 0.54 per share on Monday, June 22nd. This represents a yield of 140.0%. The ex-dividend date is Friday, June 5th. This is a 50.0% increase from Atour Lifestyle’s previous annual dividend of $0.36.

Atour Lifestyle has a dividend payout ratio of 16.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Atour Lifestyle to earn $2.42 per share next year, which means the company should continue to be able to cover its $0.33 annual dividend with an expected future payout ratio of 13.6%.

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Atour Lifestyle Price Performance

Shares of Atour Lifestyle stock traded up $1.60 during trading on Friday, hitting $38.57. 684,792 shares of the company were exchanged, compared to its average volume of 1,178,010. The firm has a market capitalization of $5.33 billion, a P/E ratio of 20.75, a price-to-earnings-growth ratio of 0.91 and a beta of 0.72. Atour Lifestyle has a 1-year low of $29.02 and a 1-year high of $43.17. The firm’s fifty day moving average price is $37.02 and its 200 day moving average price is $38.51.

Atour Lifestyle (NASDAQ:ATAT – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.11. The company had revenue of $407.74 million during the quarter, compared to analyst estimates of $379.74 million. Atour Lifestyle had a return on equity of 52.71% and a net margin of 17.22%. As a group, equities research analysts anticipate that Atour Lifestyle will post 2.07 earnings per share for the current year.

About Atour Lifestyle

(Get Free Report)

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.

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