Free Trial

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

Park Hotels & Resorts logo
$15.07 +0.17 (+1.14%)
(As of 01:00 PM ET)

Park Hotels & Resorts Dividend Summary

Dividend Yield
6.64%
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 6.64%. 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 54.15% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

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 Yield6.71%5.72%3.67%
Annualized 3-Year Dividend Growth10.06%12.89%15.74%

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 Cashflow54.77%

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
Crypto’s hidden gem + greatest crypto bull run in history = $$$? (Ad)

You don’t actually want to buy Bitcoin this time around. That’s because there’s a better way to take advantage of this new bull market… One market expert calls it Crypto’s Hidden Gem And it’s a new way that has given folks like you and me the chance to see bigger and faster moves than the traditional way of buying Bitcoin… That means if you’ve stayed away from Bitcoin and crypto because it's confusing or seems risky… This is a much safer and better approach to ride this years’ crypto bull run. Because believe it or not… The 2024 crypto bull run is one you DON’T want to miss.

Click Here to get the full details about Crypto’s Hidden Gem
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 6.71%. 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
  • 54.77% based on cash flow

Park Hotels & Resorts' dividend yield of 6.73% is higher than the average Finance company that issues a dividend. PK has a dividend yield higher than 75% of all dividend-paying stocks 5.73, 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 12/24/2024 by MarketBeat.com Staff
From Our Partners