Park Hotels & Resorts is a dividend paying company with a current yield of 8.28% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
8.3%
Dividend yield
44%
Payout ratio
Industry average yield
0%
Next dividend pay date
15 Jul 24
Ex dividend date
28 Jun 24
Dividend per share
n/a
Earnings per share
€0.45
Dividend yield forecast in 3Y
6.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HIP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HIP has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Park Hotels & Resorts Dividend Yield vs Market
How does HIP dividend yield compare to the market?
Segment
Dividend Yield
Company (HIP)
8.3%
Market Bottom 25% (DE)
0%
Market Top 25% (DE)
0%
Industry Average (Hotel and Resort REITs)
0%
Analyst forecast in 3 Years (HIP)
6.2%
Notable Dividend: HIP's dividend (8.28%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: HIP's dividend (8.28%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), HIP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.8%), HIP's dividend payments are covered by cash flows.