Company: DRH-PA
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001298946-25-000015
Chunk: 61

Company: DiamondRock Hospitality Co
Filing Date: 2025-02-28
Form: 10-K
Item: Item 5
Chunk 61
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Item 5.  Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 

Market Information

Our common stock trades on the NYSE under the symbol “DRH”. The closing price of our common stock on the NYSE on December 31, 2024 was $9.03 per share.

Stock Performance Graph         

The following graph compares the five-year cumulative total stockholder return on our common stock against the cumulative total returns of the Standard & Poor's 500 Index (the “S&P 500 Total Return”) and the Dow Jones U.S. Hotels & Lodging REITs Index (the “Dow Jones U.S. Hotels Total Return”). We believe the Dow Jones U.S. Hotels & Lodging REITs Index's total return provides a relevant industry sector comparison to our common stock's total stockholder return given the index is based on REITs that primarily invest in lodging real estate.

The graph assumes an initial investment on December 31, 2019 of $100 in our common stock in each of the indices and also assumes the reinvestment of dividends. The total return values do not include dividends declared, but not paid, during the period.

201920202021202220232024DiamondRock Hospitality Company Total Return$100.00 $74.46 $86.73 $74.76 $86.96 $86.63 S&P 500 Total Return$100.00 $118.40 $152.39 $124.79 $157.59 $197.02 Dow Jones U.S. Hotel Hotels Total Return$100.00 $66.77 $79.36 $74.18 $91.12 $81.99 

This performance graph shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference into any filing by us under the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set forth by specific reference in such filing.

Dividend Information

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Table of Contents

In order to maintain our qualification as a REIT, we must make distributions to our stockholders each year in an amount equal to at least:

•90% of our REIT taxable income, determined without regard to the dividends paid deduction and excluding net capital gains, plus

•90% of the