Park Hotels & Resorts (PK) Declares $0.25 Quarterly Dividend; 8.4% Yield

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Go back to Park Hotels & Resorts (PK) Declares $0.25 Quarterly Dividend; 8.4% Yield

Park Hotels & Resorts Inc. Announces Fourth Quarter Dividend of $0.25 Per Share

December 7, 2022 4:15 PM EST

TYSONS, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (Park or the Company) announced today that the Company has declared a fourth quarter cash dividend of $0.25 per share of common stock. The dividend will be paid in cash on January 17, 2023 to holders of record as of December 30, 2022. Of the full $0.25 per share dividend, $0.12 per share represents the fourth quarter payment based on 2022 results of operations, while the remaining $0.13 per share is attributable to gains from the sale of Parks assets during 2022.

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