Park Hotels & Resorts Inc. Announces Special Dividend Of $0.77 Per Share
Portfolio Pulse from Benzinga Newsdesk
Park Hotels & Resorts Inc. has declared a special cash dividend of $0.77 per share, following its exit from the Hilton San Francisco Hotels. The dividend will be paid on January 16, 2024 to stockholders of record as of December 29, 2023.

November 01, 2023 | 8:44 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Park Hotels & Resorts Inc. has declared a special cash dividend of $0.77 per share. This could attract investors looking for income, potentially driving the stock price up in the short term.
Dividends are a way for companies to distribute profits back to shareholders, and are often seen as a sign of a company's financial health. This special dividend could make Park Hotels & Resorts Inc.'s stock more attractive to investors looking for income, potentially driving the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100