What was the declared cash dividend per share for Caption By Hyatt in 2024?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
lders of record:
| Year Ended December 31, | |||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | |||||
| Class A common stock | $ | 27 | $ | 21 | $ | — | |
| Class B common stock | 34 | 27 | — | ||||
| Total cash dividends declared | $ | 61 | $ | 48 | $ | — |
| Date declared | Dividend per share amount for Class A and Class B | Date of record | Date paid |
|---|
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 several cash dividends per share for both Class A and Class B shares throughout 2024. Specifically, on February 14, 2024, May 9, 2024, August 6, 2024, and October 31, 2024, Caption By Hyatt declared a dividend of $0.15 per share for both Class A and Class B shares. These dividends were subsequently paid out on March 12, 2024, June 11, 2024, September 10, 2024, and December 6, 2024, respectively.
This indicates a consistent dividend payout policy by Caption By Hyatt during the year. For a prospective franchisee, this information is relevant in understanding the financial management and shareholder returns of the parent company. While franchisees do not directly receive these dividends, the financial health and stability implied by regular dividend payments can be a positive indicator of the overall strength of the Caption By Hyatt brand.
It's important to note that these dividends are paid to shareholders of Hyatt Hotels Corporation, the parent company, and not directly to Caption By Hyatt franchisees. However, the ability of the parent company to consistently issue dividends can reflect positively on the financial performance and stability of the overall organization, which indirectly benefits the franchise system.