InterContinental Hotels Group PLC (NYSE:IHG – Get Free Report) saw an uptick in trading volume on Friday . 359,281 shares traded hands during mid-day trading, an increase of 96% from the previous session’s volume of 183,694 shares.The stock last traded at $103.61 and had previously closed at $102.32.
InterContinental Hotels Group Stock Up 1.4 %
The firm has a 50 day simple moving average of $100.74 and a 200-day simple moving average of $102.10.
InterContinental Hotels Group Increases Dividend
The firm also recently declared a Semi-Annual dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Friday, August 30th will be issued a $0.532 dividend. This represents a yield of 1.6%. The ex-dividend date of this dividend is Friday, August 30th. This is an increase from InterContinental Hotels Group’s previous Semi-Annual dividend of $0.30.
Institutional Investors Weigh In On InterContinental Hotels Group
InterContinental Hotels Group Company Profile
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle East, Africa, and Greater China. The company operates hotels under the Six Senses, Regent, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo, voco, HUALUXE, Crowne Plaza, Iberostar Beachfront Resorts, EVEN, Holiday Inn Express, Holiday Inn, Garner, avid hotels, Atwell Suites, Staybridge Suites, Iberostar Beachfront Resorts, Holiday Inn Club Vacations, and Candlewood Suites brand names.
Further Reading
- Five stocks we like better than InterContinental Hotels Group
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- What are earnings reports?
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- Why Invest in High-Yield Dividend Stocks?
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for InterContinental Hotels Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InterContinental Hotels Group and related companies with MarketBeat.com's FREE daily email newsletter.