Information
Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") today announced the tax reporting information for its 2025 cash distributions on its Common Stock. The distributions, totaling $1.00 per share, were
Original sourceAI Summary
Park Hotels & Resorts (PK) has announced a total dividend distribution of $1.00 per share for 2025, paid quarterly. This includes $0.759540 classified as ordinary dividends, which can influence investor sentiment positively due to the attractive yield profile and clear communication on tax implications.
Sentiment Rationale
Clear communication on dividends tends to bolster stock prices, as seen in REITs during rising interest rate environments when stable income is sought after.
Trading Thesis
Invest in PK for potential positive price movement driven by dividend clarity over the next 12-18 months.
Market-Moving
- Dividend announcements can enhance investor confidence and support share price.
- High percentage of ordinary dividends may attract income-focused investors.
- Scheduled payments could lead to increased trading volume before distribution dates.
Key Facts
- Park Hotels announced 2025 cash distributions totaling $1.00 per share.
- Distributions are scheduled quarterly at $0.25 each from April 2025 to January 2026.
- 2025 dividends classified: $0.759540 as ordinary dividends and $0.240460 as capital gain.
- Park Hotels maintains a diverse portfolio with 35 premium-branded hotels.
- This distribution updates investors on upcoming tax reporting information for dividends.
Companies Mentioned
- Park Hotels & Resorts (PK): Continued dividend payments could enhance attractiveness to yield-focused investors.
Corporate Developments
This announcement falls under 'Corporate Developments' as it relates to the company's dividend strategy and fiscal management. Such clarity in dividend distribution enhances investor confidence and aligns with best practices in investor relations.
Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") today announced the tax reporting information for its 2025 cash distributions on its Common Stock.
The distributions, totaling $1.00 per share, were paid as follows: $0.25 on April 15, 2025; $0.25 on July 15, 2025; $0.25 on October 15, 2025; and $0.25 on January 15, 2026.
For income tax purposes, the dividends for 2025, totaling $1.00 per share, are classified as: (i) $0.759540 (75.9540%) Total ordinary dividends, and (ii) $0.240460 (24.0460%) Total capital gain distribution.
The following table summarizes the income tax treatment of the Company's 2025 dividends:
2025 Dividend Tax Reporting Information (Form 1099-DIV)
Park Hotels & Resorts Inc. Common Stock: PK CUSIP: 700517 105
Record Date |
Payable Date |
Dividend Per Share |
Total ordinary dividends (box 1a) |
Qualified dividends (box 1b) |
Total capital gain distr. (box 2a) |
Section 199A dividends (box 5) |
03/31/2025 |
04/15/2025 |
$0.25 |
$0.189885 |
$0.006291 |
$0.060115 |
$0.183594 |
06/30/2025 |
07/15/2025 |
$0.25 |
$0.189885 |
$0.006291 |
$0.060115 |
$0.183594 |
09/30/2025 |
10/15/2025 |
$0.25 |
$0.189885 |
$0.006291 |
$0.060115 |
$0.183594 |
12/31/2025 |
01/15/2026 |
$0.25 |
$0.189885 |
$0.006291 |
$0.060115 |
$0.183594 |
Totals |
|
$1.00 |
$0.759540 |
$0.025164 |
$0.240460 |
$0.734376 |
About Park Hotels & Resorts
Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 35 premium-branded hotels and resorts with approximately 23,000 rooms primarily located in prime city center and resort locations.
Visit www.pkhotelsandresorts.com for more information.
For additional information or to receive press releases via e-mail, please visit our website at www.pkhotelsandresorts.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260120061454/en/
For more information, contact:
Ian Weissman
Senior Vice President, Corporate Strategy
571-302-5591
iweissman@pkhotelsandresorts.com