DIAMONDROCK HOSPITALITY DECLARES DIVIDENDS FOR THIRD QUARTER 2024

Core Points - DiamondRock Hospitality Company declared a quarterly cash dividend of $0.03 per common share, payable on October 11, 2024, to shareholders of record as of September 30, 2024 [1] - The Company also declared a quarterly dividend of$0.515625 per share on its 8.250% Series A Cumulative Redeemable Preferred Stock, payable on September 30, 2024, to shareholders of record as of September 20, 2024 [2] Company Overview - DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a diversified portfolio of hotels, primarily located in leisure destinations and major gateway markets [3] - The Company currently owns 36 premium quality hotels and resorts, totaling over 9,700 rooms [3] - The portfolio includes properties operated under leading global brand families as well as independent boutique hotels in the lifestyle segment [3]