Dalata Hotel Group planning maiden dividend next year

The Dalata Hotel Group is tentatively planning to pay its first dividend to shareholders next year.

The owner of the Clayton and Maldron brands listed on the secondary markets of the Irish and London stock exchanges two and a half years ago and upgraded to those markets’ main exchanges in June.

At its AGM in April, Dalata’s management suggested it would consider a maiden dividend based on 2017 financial performance.