Host Hotels & Resorts Announces Q4 Dividend Of $0.20/share, Up 11% From Prior Quarter; Announces $0.25/Share Special Dividend
Portfolio Pulse from Benzinga Newsdesk
Host Hotels & Resorts has declared a Q4 dividend of $0.20 per share, an 11% increase from the previous quarter. Additionally, the company announced a special dividend of $0.25 per share.
December 15, 2023 | 1:32 pm
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Host Hotels & Resorts increased its quarterly dividend by 11% to $0.20/share and announced a special dividend of $0.25/share.
The increase in the quarterly dividend and the announcement of a special dividend are positive signals to investors, indicating the company's confidence in its financial stability and profitability. This typically encourages investor optimism and can lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100