Ryman Hospitality Properties, Inc. (REIT) (RHP), Marriott International Inc (MAR): This Little-Known REIT Has One of the Best Dividends in the Industry

Attractive yield with good YTD share performance

Similar to Marriott, Wynn Resorts, Limited (NASDAQ:WYNN) is a large company with solid market capitalization of $13.4 billion. Its P/E ratio is 23.9. Wynn Resorts, Limited (NASDAQ:WYNN) is an attractive dividend stock with annualized dividend of $4 per share, and yields at 2.9%. In contrast to Ryman and Marriott, Wynn shares only dropped slightly during the past few weeks. The stock has performed positively so far in this year

Good dividend yield with remarkable growth in shares

Among its famous brands are W Hotels, Le Meridien, Westin Hotels, and Sheraton. Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) is also a large-cap company with strong market capitalization of $12.8 billion. Its P/E ratio is 20. Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) currently yields at 1.87% with a annual dividend of $1.25 per share.

Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) shares were up during the first 3 weeks of May, but  retreated back recently. Nonetheless, Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) shares have still managed to post satisfactory growth year-to-date.

Summary

Compared to its peers, Ryman has the most attractive dividend yield. While its recent performance in the stock market caused some concerns among investors, the outlook is optimistic. Its recent shift to the REIT model seems like an excellent strategy. This is on top of its new partnership with Marriott.

Ryman is not only involved in ownership of leisure properties. It also owns various assets in media and entertainment sectors. This includes but is not limited to the Grand Ole Opry, the WSM-AM radio, and the famous Ryman Auditorium. Its diversification strategy further puts the company on a more stable ground.

Nur Tarkak has no position in any stocks mentioned. The Motley Fool owns shares of Ryman Hospitality Properties . Nur is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

The article This Little-Known REIT Has One of the Best Dividends in the Industry originally appeared on Fool.com is written by Nur Tarkak.

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