Park Hotels & Resorts (PK) Declares $1.00 Dividend

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Go back to Park Hotels & Resorts (PK) Declares $1.00 Dividend

Park Hotels & Resorts Announces Fourth Quarter Dividend of $1.00 Per Share

December 12, 2018 5:27 PM EST

TYSONS, Va.--(BUSINESS WIRE)-- Park Hotels & Resorts Inc. (NYSE: PK) (Park or the Company) announced today that the Company has declared a fourth quarter cash dividend of $1.00 per share of common stock. The dividend will be paid on January 15, 2019 to holders of record as of December 31, 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 Parks assets during 2018.

The $0.70 per share portion representing the fourth quarter payment based on 2018 results of... More