Hotel Property Investments Announces Interim Dividend of $0.03 (ASX:HPI)

Hotel Property Investments (ASX:HPI) declared a interim dividend on Friday, December 13th,MarketIndexAU Dividends reports. Shareholders of record on Tuesday, February 6th will be paid a dividend of 0.033 per share on Tuesday, February 6th. This represents a yield of 0.87%. The ex-dividend date is Sunday, December 29th.

Hotel Property Investments Stock Performance

The company has a quick ratio of 0.06, a current ratio of 2.33 and a debt-to-equity ratio of 60.73.

About Hotel Property Investments

HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Queensland Venue Company (QVC), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group.