Park Hotels & Resorts's last quarterly dividend payment of $0.25 per share was made to shareholders on record before Jun 28, 2024. The dividend payment stands at $1.58 per share annually, which equates to a dividend yield of 10.88%.
Park Hotels & Resorts's dividend yield of 10.88% is higher than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 5.86%, Park Hotels & Resorts's dividend yield is 86% higher.
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 182% since one year ago. And with the stock price up by 12% from a year ago, the dividend yield marks an increase of 151%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 28, 2024 | Jul 15, 2024 | Apr 19, 2024 | $0.25 | normal |
| 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's payout ratio of 376.2% is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 138.6%, Park Hotels & Resorts's payout ratio is 171% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PK Park Hotels & Resorts Inc | 10.58% | $1.58 | 376.2% |
| NNN National Retail Properties Inc | 4.96% | $2.26 | 103.7% |
| NHI National Health Investors Inc | 4.8% | $3.6 | 118% |
Yes, Park Hotels & Resorts has paid five dividends in the last 12 months. PK has been paying dividends since 2022.
PK hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in September 2024.
Park Hotels & Resorts's last regular dividend was on Jun 28, 2024 (ex-date) with the amount of $0.25 per share.
PK has paid dividend of $1.58 per share in the last year.
Currently Park Hotels & Resorts's dividend yield is 10.88%.
Park Hotels & Resorts pays four dividends per year (excluding specials).
The dividend payout ratio of Park Hotels & Resorts is 376.2%.
Park Hotels & Resorts's dividend yield is more than the Real Estate sector average.