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PK Park Hotels & Resorts dividend history, payout ratio & dates

Park Hotels & Resorts's last quarterly dividend payment of $0.25 per share was made to shareholders on record before Mar 27, 2024. The dividend payment stands at $1.48 per share annually, which equates to a dividend yield of 9.18%. The latest PK stock dividend of $0.25 is a decrease from the previous $0.93 distribution, representing a change of -73%.

Key dates

  • PK last dividend date: Mar 27, 2024
  • PK next dividend date: Jun 28, 2024
PK dividend stats
DPS
$1.48
Dividend yield
9.18%
Payout ratio
352.4%
vs. Real Estate sector
Dividend yield
6.12%
Payout ratio
137.3%

Dividend yield

What is Park Hotels & Resorts current dividend yield

Park Hotels & Resorts's dividend yield of 9.18% is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.12%, Park Hotels & Resorts's dividend yield is 50% higher.

Dividend history

What is PK dividend payout history and dates

Park Hotels & Resorts has been paying dividends consistently since 2022. According to our records PK has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS marks an increase of 252% since one year ago. And with the stock price up by 22% from a year ago, the dividend yield marks an increase of 188%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 27, 2024 Apr 15, 2024 Feb 27, 2024 $0.25 normal
Dec 28, 2023 Jan 16, 2024 Oct 27, 2023 $0.77 special
Dec 28, 2023 Jan 16, 2024 Nov 30, 2023 $0.93 normal
Sep 28, 2023 Oct 16, 2023 Sep 8, 2023 $0.15 normal
Jun 29, 2023 Jul 17, 2023 Jun 8, 2023 $0.15 normal
Mar 30, 2023 Apr 17, 2023 Mar 15, 2023 $0.15 normal
Dec 29, 2022 Jan 17, 2023 Dec 7, 2022 $0.25 normal
Sep 29, 2022 Oct 17, 2022 Sep 9, 2022 $0.01 normal
Jun 29, 2022 Jul 15, 2022 Jun 15, 2022 $0.01 normal
Mar 30, 2022 Apr 15, 2022 Mar 11, 2022 $0.01 normal
Mar 30, 2020 Apr 15, 2020 Feb 26, 2020 $0.45 normal
Dec 30, 2019 Jan 15, 2020 Dec 9, 2019 $0.55 normal
Sep 27, 2019 Oct 15, 2019 Jul 26, 2019 $0.45 normal
Jun 27, 2019 Jul 15, 2019 May 6, 2019 $0.45 normal
Mar 28, 2019 Apr 15, 2019 Feb 22, 2019 $0.45 normal
Dec 28, 2018 Jan 15, 2019 Dec 12, 2018 $1 normal
Sep 27, 2018 Oct 15, 2018 Jul 26, 2018 $0.43 normal
Jun 28, 2018 Jul 16, 2018 May 18, 2018 $0.45 normal
Jun 28, 2018 Jul 16, 2018 Apr 27, 2018 $0.43 normal
Mar 28, 2018 Apr 16, 2018 Feb 23, 2018 $0.43 normal
Jan 31, 2018 Feb 15, 2018 Jan 17, 2018 $0.6 special
Dec 28, 2017 Jan 16, 2018 Dec 13, 2017 $0.55 normal
Sep 28, 2017 Oct 16, 2017 Jul 28, 2017 $0.43 normal
Jun 28, 2017 Jul 17, 2017 May 3, 2017 $0.43 normal
Mar 29, 2017 Apr 17, 2017 Feb 27, 2017 $0.43 normal
Jan 17, 2017 Mar 9, 2017 Jan 9, 2017 $2.79 special

Park Hotels & Resorts dividend payout ratio

What is Park Hotels & Resorts dividend payout ratio compared to the sector

Payout ratio

Park Hotels & Resorts's payout ratio of 352.4% is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 137.3%, Park Hotels & Resorts's payout ratio is 157% higher.

Total amount of dividends paid per financial year (from cash flow)

PK dividend vs peer dividends

How does PK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PK Park Hotels & Resorts Inc 9.18% $1.48 352.4%
NHI National Health Investors Inc 5.49% $3.6 118%
NNN National Retail Properties Inc 5.39% $2.26 103.7%

Frequently asked questions

Does Park Hotels & Resorts pay a dividend?

Yes, Park Hotels & Resorts has paid five dividends in the last 12 months. PK has been paying dividends since 2022.

When is Park Hotels & Resorts's next dividend?

PK has announced its next dividend with ex-date Jun 28, 2024.

When was PK's last dividend?

Park Hotels & Resorts's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.25 per share.

How much dividend does Park Hotels & Resorts pay (per share)?

PK has paid dividend of $1.48 per share in the last year.

What is Park Hotels & Resorts's dividend yield?

Currently Park Hotels & Resorts's dividend yield is 9.18%.

How often does Park Hotels & Resorts pay dividends?

Park Hotels & Resorts pays four dividends per year (excluding specials).

What is Park Hotels & Resorts's dividend payout ratio?

The dividend payout ratio of Park Hotels & Resorts is 352.4%.

Does Park Hotels & Resorts pay a good dividend?

Park Hotels & Resorts's dividend yield is more than the Real Estate sector average.