Park Hotels & Resorts (PK) Declares $0.55 Quarterly Dividend; 7.8% Yield

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Go back to Park Hotels & Resorts (PK) Declares $0.55 Quarterly Dividend; 7.8% Yield

Park Hotels & Resorts Inc. Announces Quarterly Dividend of $0.55 Per Share

December 13, 2017 4:15 PM EST

MCLEAN, Va.--(BUSINESS WIRE)-- Park Hotels & Resorts Inc. (NYSE: PK) (Park or the Company) announced today that the Company has declared a fourth quarter dividend of $0.55 per share of common stock. The dividend will be paid in cash on January 16, 2018 to holders of record as of December 29, 2017. The fourth quarter dividend, together with the regular cash dividends paid in the first three quarters of 2017, represent an annual yield of 6.5% based on the closing stock price as of December 13, 2017.

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