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

$14.48
-0.11 (-0.75%)
(As of 07/5/2024 ET)

Dividend Summary

Dividend Yield
6.91%
Annual Dividend
$1.00
Annualized 3-Year
Dividend Growth
10.06%
Dividend Payout Ratio
227.28%
Next
Dividend Payment
Jul. 15
Skip Charts & View Dividend History

Park Hotels & Resorts vs. The Competition

TypePark Hotels & ResortsFinance CompaniesNYSE Companies
Annual Dividend$1.00$1.73$1.54
Dividend Yield6.91%622.41%360.02%
Annualized 3-Year Dividend Growth10.06%1,293.10%1,547.44%

Park Hotels & Resorts Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings227.28%
Based on This Year's Estimates47.39%
Based on Next Year's Estimates45.05%
Based on Cashflow53.87%

Park Hotels & Resorts Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/19/2024Quarterly$0.256.12%6/28/20246/28/20247/15/2024
2/27/2024Quarterly$0.255.99%3/27/20243/29/20244/15/2024
11/30/2023None$0.7712/28/202312/29/20231/16/2024
9/8/2023quarterly$0.155.4%9/28/20239/29/202310/16/2023
6/8/2023quarterly$0.154%6/29/20236/30/20237/17/2023
3/15/2023Quarterly$0.154.9%3/30/20233/31/20234/17/2023
12/7/2022Quarterly$0.258.26%12/29/202212/30/20221/17/2023
9/9/2022quarterly$0.010.3%9/29/20229/30/202210/17/2022
6/15/2022Quarterly$0.010.26%6/29/20226/30/20227/15/2022
3/11/2022Quarterly$0.010.22%3/30/20223/31/20224/15/2022
2/26/2020Quarterly$0.459.52%3/30/20203/31/20204/15/2020
12/10/2019quarterly$0.557.4%12/30/201912/31/20191/15/2020
7/26/2019Quarterly$0.457%9/27/20199/30/201910/15/2019
5/6/2019Quarterly$0.455.65%6/27/20196/28/20197/15/2019
2/28/2019quarterly$0.455.76%3/28/20193/29/20194/15/2019
12/13/2018quarterly$1.0013.94%12/28/201812/31/20181/15/2019
8/2/2018quarterly$0.435.28%9/27/20189/28/201810/15/2018
5/4/2018quarterly$0.435.87%6/28/20186/29/20187/16/2018
3/2/2018quarterly$0.437.04%3/28/20183/30/20184/16/2018
12/14/2017quarterly$0.557.68%12/28/201712/29/20171/16/2018
8/3/2017quarterly$0.436.61%9/28/20179/29/201710/16/2017
5/4/2017quarterly$0.436.61%6/28/20176/30/20177/17/2017
2/27/2017quarterly$0.436.62%3/29/20173/31/20174/17/2017
1/10/2017special$2.791/17/20171/19/20173/9/2017
(Data available from 1/1/2013 forward)

Park Hotels & Resorts Dividend - Frequently Asked Questions

What is Park Hotels & Resorts's dividend yield?

The current dividend yield for Park Hotels & Resorts is 6.91%. Learn more on PK's dividend yield history.

How much is Park Hotels & Resorts's annual dividend?

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

How often does Park Hotels & Resorts pay dividends?

Park Hotels & Resorts pays quarterly dividends to shareholders.

When is Park Hotels & Resorts's next dividend payment?

Park Hotels & Resorts's next quarterly dividend payment of $0.25 per share will be made to shareholders on Monday, July 15, 2024.

When was Park Hotels & Resorts's most recent dividend payment?

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

When was Park Hotels & Resorts's most recent ex-dividend date?

Park Hotels & Resorts's most recent ex-dividend date was Friday, June 28, 2024.

Is Park Hotels & Resorts's dividend growing?

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

When did Park Hotels & Resorts last increase or decrease its dividend?

The most recent change in the company's dividend was a decrease of $0.52 on Tuesday, February 27, 2024.

What is Park Hotels & Resorts's dividend payout ratio?
The dividend payout ratio for PK is:
  • 227.28% based on the trailing year of earnings
  • 47.39% based on this year's estimates
  • 45.05% based on next year's estimates
  • 53.87% based on cash flow
Is Park Hotels & Resorts a good dividend stock?

Park Hotels & Resorts' dividend yield of 6.85% is higher than the average Finance company that issues a dividend. PK has a dividend yield higher than 75% of all dividend-paying stocks 5.9, making it a leading dividend payer. Park Hotels & Resorts' dividend payout ratio of 227.28% may not be sustainable. However, based on earnings estimates, PK will have a more sustainable dividend payout ratio of 45.05% next year.

This page (NYSE:PK) was last updated on 7/7/2024 by MarketBeat.com Staff

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