Park Hotels & Resorts Dividends and Buybacks
Dividend criteria checks 3/6
Park Hotels & Resorts is a dividend paying company with a current yield of 9.43%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
9.4%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 11.5% |
| Future Dividend Yield | 8.4% |
| Dividend Growth | -10.4% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$1.400 |
| Payout ratio | 141% |
Recent dividend and buyback updates
Recent updates
Park Hotels & Resorts: If It Is Too Good To Be True, It Probably Is
Oct 31Park Hotels: A Good REIT Story Facing Costs, Labor Headwinds
Aug 05Park Hotels & Resorts: Well-Covered Dividend And Undervalued Shares
Jun 09Park Hotels & Resorts: Valuation Appears Stretched After Recent Outperformance
Apr 15Park Hotels & Resorts: Strong Growth Levers To Sustain Impressive Financial Performance
Dec 28Park Hotels & Resorts Gets Hold Rating After Profitability And Debt Headwinds
Oct 16Park Hotels & Resorts: San Francisco Headwinds Overshadowing Strong Recovery
Aug 04Park Hotels & Resorts FFO of $0.40 in-line, revenue of $665M beats by $12.68M
Feb 22Park Hotels: I'm Betting On A Rebound With This 7% Yield
Jan 31Why did Park Hotels & Resorts stock go down today? Lodging REITs buck market rally
Dec 21Park Hotels & Resorts declares $0.12 dividend from prior dividend of $1.00, $0.13 from gain on sale of assets
Dec 08Park Hotels & Resorts declares $0.01 dividend
Sep 09Park Hotels & Resorts: No Expansion Possible Due To Their Large Debt Problem
Sep 02Park Hotels & Resorts Q1 Earnings: The Recovery Is Coming Along Nicely
May 03Park Hotels & Resorts: Calm After The Storm
Mar 22Stay Away From The Park Hotels Value Trap
Dec 27A Fresh Look At A Travel Favorite: Park Hotels & Resorts
Oct 15Park Hotels & Resorts: Further Potential Upside Ahead
Sep 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PK has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Park Hotels & Resorts Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PK) | 9.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Hotel and Resort REITs) | 5.0% |
| Analyst forecast (PK) (up to 3 years) | 8.4% |
Notable Dividend: PK's dividend (9.43%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: PK's dividend (9.43%) is in the top 25% of dividend payers in the US market (4.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (141.5%), PK's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.8%), PK's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Park Hotels & Resorts Inc. is covered by 31 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aryeh Klein | BMO Capital Markets Equity Research |
| John Kim | BMO Capital Markets Equity Research |
| Floris Gerbrand van Dijkum | Boenning & Scattergood, Inc. |