Core Points - Ryman Hospitality Properties, Inc. has declared a third quarter cash dividend of $1.10 per share, payable on October 15, 2024, to stockholders of record as of September 30, 2024 [1] - The company has corrected its methodology for calculating funds from operations (FFO) per diluted share and adjusted FFO per diluted share, resulting in slightly higher figures for affected periods [2][3] - The corrected methodology will be used for future calculations and will also impact the full year 2024 adjusted FFO per diluted share guidance, which is expected to be slightly higher [2] Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [5] - The company's portfolio includes five of the top seven largest non-gaming convention center hotels in the U.S., managed by Marriott International, totaling 11,414 rooms and over 3 million square feet of meeting space [5] - Ryman also owns a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and various entertainment venues [5]
Ryman Hospitality Properties, Inc. Declares Third Quarter Dividend and Corrects Methodology for Calculating Funds from Operations (“FFO”) per Diluted Share and Adjusted FFO per Diluted Share