Choice Hotels International Stock To Go Ex-dividend Tomorrow (CHH)

NEW YORK ( TheStreet) -- The ex-dividend date for Choice Hotels International (NYSE: CHH) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $37.47 as of 9:30 a.m. ET, the dividend yield is 2%.

The average volume for Choice Hotels International has been 151,900 shares per day over the past 30 days. Choice Hotels International has a market cap of $2.18 billion and is part of the services sector and leisure industry. Shares are down 1% year to date as of the close of trading on Tuesday.

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. The company has a P/E ratio of 20.4, above the average leisure industry P/E ratio of 17.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Choice Hotels International as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Choice Hotels International Ratings Report.

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