Park Hotels & Resorts, Inc. (PK) Dividend Details and dates on New York Stock Exchange

Park Hotels & Resorts, Inc. Dividend Stock Review

New York Stock Exchange

Park Hotels & Resorts, Inc. (PK) Dividend Details and dates on New York Stock Exchange

Park Hotels & Resorts, Inc. Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.
Sector: Finance Real Estate Investment Trusts

Dividend income advisory for PK
Dividend Yield for PK
The expected yield for PK is 6.54 %, this seems a healthy dividend return and if Park Hotels & Resorts, Inc. is also cheaply priced, and has a low debt to equity ratio and if Park Hotels & Resorts, Inc. makes a good profit.

How is PK priced
PK has a trailing price to earnings ratio (P/E) of 14.8. The ratio is determined by the performance in the last 12 months. The P/E ratio is smaller than 20, which we consider a healthly ratio.

Debt to equity of PK
With the Debt To Equity rate of PK (0.52) we can conclude that Park Hotels & Resorts, Inc. does not seem to have more liabilities than equity provided by the shareholders. A lower D/E ratio stands for a less risky investment.

Price Prediction for PK
On average analists predict that PK will be correctly priced after a 7%. change. We can expect some long term capital gains.

Upcoming Dividends for PK
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-05-06 2019-06-27 2019-07-15 2019-06-28 0.45 USD Quarterly


Dividends in past 12 months PK
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-02-27 2019-03-28 2019-04-15 2019-03-29 0.45 USD Quarterly
2018-12-12 2018-12-28 2019-01-15 2018-12-31 1 USD Quarterly
2018-08-01 2018-09-27 2018-10-15 2018-09-28 0.43 USD Quarterly
2018-05-03 2018-06-28 2018-07-16 2018-06-29 0.43 USD Quarterly
2018-05-18 2018-06-28 2018-07-16 2018-06-29 0.45 USD Other


Historical Dividends & Cap Growth for PK
Past 5 Year Capital Gains 6.75 %
Dividend yield 27.12 %
Growth including dividends 33.86%
Latest news for PK

2019-05-09 Park Hotels & Resorts Inc. (PK) Q1 2019 Earnings Call Transcript PK earnings call for the period ending March 31, 2019.
Original Article @ The Motley Fool

2019-05-06 Park Hotels To Buy Out Chesapeake Lodging With 'Laser Focus' On Value Creation The hotel real estate investment trusts Park Hotels & Resorts (NYSE: PK ) and Chesapeake Lodging Trust (NYSE: CHSP ) announced a $2.7-billion merger Monday. What Happened Under the terms of the deal, Park Hotels will acquire all outstanding Chesapeake shares, creating a combined company with an estimated enterprise value of $12 billion. Chesapeake shareholders will receive $11 in cash and 0.628 of a share of Park common stock for each Chesapeake share they hold, according to Monday's press release. "Upon closing, Park stockholders and Chesapeake shareholders will own approximately 84% and 16% of the combined company, respectively," according to the companies. The merger has received approval … Full story available on Benzinga.com
Original Article @ Benzinga

2019-05-06 Park Hotels & Resorts Inc. (PK) Lags Q1 FFO And Revenue Estimates https://www.investing.com/analysis/park-hotels--resorts-inc-pk-lags-q1-ffo-and-revenue-estimates-200417213
Original Article @ Investing.com

2019-05-06 Park Hotels to acquire Chesapeake Lodging in $2.7 billion cash-and-stock deal Park Hotels & Resorts Inc. said Monday it has entered an agreement to acquire Chesapeake Lodging Trust in a cash-and-stock deal valued at about $2.7 billion. The combined company will have an estimated enterprise value of $12 billion and be second biggest lodging REIT, the company said in a statement. Under the terms of the deal, Chesapeake shareholders will receive $11 in cash and 0.628 of Park share for each Chesapeake share owned. The exchange ratio is equal to $31 per Chesapeake share, and offers an 11% premium over the stock's trailing 10-day volume weighted average price and 8% over its closing stock price May 3. The deal is expected to close in late third quarter or early fourth quarter. Park is planning to sell five non-core hotels before closing. Neither stock was active premarket. Park has gained 12.5% in the last 12 months, while the S&P 500 has gained 10.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Original Article @ MarketWatch

2019-05-06 UPDATE 1-Park Hotels to buy Chesapeake Lodging Trust in a $2.7 bln deal Hotel owner Park Hotels & Resorts Inc on Monday agreed to buy smaller rival Chesapeake Lodging Trust in a cash and stock deal valued at $2.7 billion that would create the second biggest lodging real estate investment trust in the United States.
Original Article @ Reuters

2019-05-06 Park Hotels & Resorts' FFO misses by $0.01, beats on revenue No summary available.
Original Article @ Seeking Alpha

2019-05-06 Park Hotels & Resorts to acquire Chesapeake Lodging Trust in $2.7 billion cash, stock deal This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.
Original Article @ MarketWatch

2019-04-09 Nomura expects new high for Park Hotels & Resorts No summary available.
Original Article @ Seeking Alpha

2019-03-27 The Zacks Analyst Blog Highlights: Plymouth Industrial, Industrial Logistics Properties, Park Hotels & Resorts and Lamar Advertising The Zacks Analyst Blog Highlights: Plymouth Industrial, Industrial Logistics Properties, Park Hotels & Resorts and Lamar Advertising
Original Article @ Zacks Investment Research

2019-03-01 Park Hotels & Resorts Inc. (PK) CEO Tom Baltimore on Q4 2018 Results - Earnings Call Transcript No summary available.
Original Article @ Seeking Alpha

Dividend Stats For PK

  • Current Dividend Yield 6.54%
  • Past Year Payout: 2.76 USD
  • Next Ex Dividend 2019-06-27
  • Next Payment: 0.45 USD
  • Our score 80 %

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