What was the declared cash dividend per share for Caption By Hyatt in 2023?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| Date declared | Dividend per share amount for Class A and Class B | Date of record | Date paid |
|---|---|---|---|
| May 11, 2023 | $ 0.15 | May 30, 2023 | June 12, 2023 |
| August 3, 2023 | $ 0.15 | August 25, 2023 | September 8, 2023 |
| November 2, 2023 | $ 0.15 | November 22, 2023 | December 6, 2023 |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the company declared three cash dividends per share for both Class A and Class B shares during 2023. Each dividend was valued at $0.15 per share.
The first dividend was declared on May 11, 2023, with a date of record of May 30, 2023, and was paid on June 12, 2023. The second dividend was declared on August 3, 2023, with a date of record of August 25, 2023, and was paid on September 8, 2023. The third dividend was declared on November 2, 2023, with a date of record of November 22, 2023, and was paid on December 6, 2023.
This information is relevant to potential Caption By Hyatt franchisees as it provides insight into the company's financial practices regarding dividend payouts to its shareholders. While franchisees typically do not directly receive dividends, understanding the financial health and shareholder returns of the parent company can offer a broader perspective on the stability and potential long-term prospects of the franchise system.