Park Hotels & Resorts (PK) Declares $1.00 Dividend

Park Hotels & Resorts (NYSE: PK) declared a dividend of $1.00 per share.

The dividend will be payable on January 15, 2019, to stockholders of record on December 31, 2018, with an ex-dividend date of December 28, 2018.

Of the full $1.00 per share dividend, $0.70 per share represents the fourth quarter payment based on 2018 results of operations. The remaining $0.30 per share is attributable to gains from the sale of Park’s assets during 2018.

The $0.70 per share portion representing the fourth quarter payment based on 2018 results of operations, together with the regular cash dividends paid with respect to the first three quarters of 2018, in the aggregate represent an annual yield of 6.8% based on the closing stock price as of December 12, 2018.

For a dividend history and other dividend-related data on Park Hotels & Resorts (PK) click here.

You May Also Be Interested In

• Pegasystems (PEGA) Declares $0.083 Special Dividend; 0.2% Yield
• Old Republic (ORI) Declares $0.315 Quarterly Dividend; 2.9% Yield
• First Industrial Realty (FR) Declares $0.50 Quarterly Dividend; 3.2% Yield