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Park Hotels & Resorts (PK) Dividend Yield, Date & History

Park Hotels & Resorts logo
$14.85 +0.38 (+2.63%)
(As of 12/20/2024 05:45 PM ET)

Park Hotels & Resorts Dividend Summary

Dividend Yield
6.73%
Annual Dividend
$1.00
Next
Dividend Payment
Jan. 15
Annualized 3-Year
Dividend Growth
10.06%
Dividend Payout Ratio
63.69%

Park Hotels & Resorts (PK) pays an annual dividend of $1.00 per share, with a dividend yield of 6.73%. The next quarterly payment of $0.65 per share is scheduled for Wednesday, January 15, to investors who own the stock before the ex-dividend date of Tuesday, December 31. The company currently pays out 63.69% of its earnings and 54.95% of its cash flow as dividends.

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PK Dividend Payments by Quarter

The chart below displays up to four years of Park Hotels & Resorts' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PK Dividend Yield Over Time

The chart below tracks Park Hotels & Resorts' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Park Hotels & Resorts vs. The Competition

Compare Park Hotels & Resorts' annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypePark Hotels & ResortsFinance CompaniesNYSE Companies
Annual Dividend$1.00$0.02$1.39
Dividend Yield6.73%5.65%3.62%
Annualized 3-Year Dividend Growth10.06%12.89%15.78%

Park Hotels & Resorts Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings63.69%
Based on This Year's Estimate51.02%
Based on Next Year's Estimate46.73%
Based on Cashflow54.95%

Park Hotels & Resorts Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/26/2024quarterly$0.65+$0.40
160.00%
16.77%12/31/202412/31/20241/15/2025
7/26/2024Quarterly$0.25 - 6.78%9/30/20249/30/202410/15/2024
4/19/2024Quarterly$0.25 - 6.12%6/28/20246/28/20247/15/2024
2/27/2024Quarterly$0.25-$0.52
67.53%
5.99%3/27/20243/29/20244/15/2024
11/30/2023None$0.77+$0.62
413.33%
12/28/202312/29/20231/16/2024
9/8/2023quarterly$0.15 - 5.4%9/28/20239/29/202310/16/2023
6/8/2023quarterly$0.15 - 4%6/29/20236/30/20237/17/2023
3/15/2023Quarterly$0.15-$0.10
40.00%
4.9%3/30/20233/31/20234/17/2023

This table shows Park Hotels & Resorts' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Park Hotels & Resorts Dividend - Frequently Asked Questions

The current dividend yield for Park Hotels & Resorts is 6.73%. Learn more on PK's dividend yield history.

The annual dividend for PK shares is $1.00. Learn more on PK's annual dividend history.

Park Hotels & Resorts pays quarterly dividends to shareholders.

Park Hotels & Resorts's next quarterly dividend payment of $0.65 per share will be made to shareholders on Wednesday, January 15, 2025.

Park Hotels & Resorts's most recent quarterly dividend payment of $0.25 per share was made to shareholders on Tuesday, October 15, 2024.

Park Hotels & Resorts's next ex-dividend date is Tuesday, December 31, 2024.

Park Hotels & Resorts's most recent ex-dividend date was Monday, September 30, 2024.

Over the past three years, the company's dividend has grown by an average of 10.06% per year.

The most recent change in the company's dividend was an increase of $0.40 on Tuesday, November 26, 2024.

The dividend payout ratio for PK is:
  • 63.69% based on the trailing year of earnings
  • 51.02% based on this year's estimates
  • 46.73% based on next year's estimates
  • 54.95% based on cash flow

Park Hotels & Resorts' dividend yield of 6.46% is higher than the average Finance company that issues a dividend. PK has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer. Park Hotels & Resorts' dividend payout ratio of 63.69% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Park Hotels & Resorts stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:PK) was last updated on 12/22/2024 by MarketBeat.com Staff
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