Park Hotels & Resorts (PK) Declares $0.65 Quarterly Dividend; 16.8% Yield

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Go back to Park Hotels & Resorts (PK) Declares $0.65 Quarterly Dividend; 16.8% Yield

Park Hotels & Resorts Announces Fourth Quarter Dividend of $0.65 per Share

November 26, 2024 6:00 AM EST

TYSONS, Va., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (Park or the Company) announced today that the Company has declared a fourth quarter dividend of $0.65 per share of common stock which includes Parks regular quarterly dividend of $0.25 coupled with a $0.40 top off dividend based on 2024 operating results. The dividend will be paid in cash on January 15, 2025 to stockholders of record as of December 31, 2024.

The fourth quarter dividend, together with the regular cash dividends declared for the first three quarters of 2024, represent an annual yield of 9.0% based on the closing... More