Park Hotels & Resorts Dividend
Dividend criteria checks 4/6
Park Hotels & Resorts is a dividend paying company with a current yield of 8.56% 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
8.6%
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 | US$0.45 |
| Dividend yield forecast in 3Y | 6.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0KFU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0KFU 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0KFU) | 8.6% |
| Market Bottom 25% (GB) | 0% |
| Market Top 25% (GB) | 0% |
| Industry Average (Hotel and Resort REITs) | 0% |
| Analyst forecast in 3 Years (0KFU) | 6.4% |
Notable Dividend: 0KFU's dividend (8.56%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: 0KFU's dividend (8.56%) is in the top 25% of dividend payers in the UK market (5.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), 0KFU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.8%), 0KFU's dividend payments are covered by cash flows.