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Hotel Property Investments (ASX:HPI) to Issue Final Dividend of $0.10

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Hotel Property Investments (ASX:HPIGet Rating) announced a final dividend on Thursday, June 16th, MarketIndexAU reports. Investors of record on Thursday, September 1st will be paid a dividend of 0.103 per share on Thursday, September 1st. This represents a dividend yield of 3.33%. The ex-dividend date of this dividend is Tuesday, June 28th. This is a positive change from Hotel Property Investments’s previous final dividend of $0.10.

The company has a quick ratio of 0.26, a current ratio of 1.65 and a debt-to-equity ratio of 58.97.

About Hotel Property Investments (Get Rating)

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.

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