Ryman Hospitality Properties declares $1.20 dividend, sets October payment

Ryman Hospitality Properties announced on Tuesday that its board declared a $1.20 per common share cash dividend, with payment to be made on October 15, 2026, to shareholders of record on September 30, 2026. This follows the company's consistent dividend policy, yielding 3.93% based on the current stock price of $120.71. RHP Hotel Properties, LP, a subsidiary, also declared a $1.20 per OP Unit cash distribution to be paid on the same date.

Each dividend is a dividend described under 29 CFR § 4043.31(a), and the recipients are not members of the plan's controlled group. The company has previously paid $1.20 per common share in fiscal year 2026 on January 15, April 15, and July 15, as well as $1.20 per OP Unit on the same dates. Ryman reported strong second-quarter 2026 earnings, surpassing expectations with adjusted earnings of $1.42 per share on $748.98 million revenue.

The company plans to use the funds from its underwritten stock offering to finance the acquisition of JW Marriott Orlando Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes.