Park Hotels & Resorts's Dividends per Share for the
three
months ended in Dec. 2023 was $0.93.
The historical rank and industry rank for Park Hotels & Resorts's 3-Year Dividend Growth Rate or its related term are showing as below:
PK'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -47.2 Med: -37.5 Max: 45.3
Current: 45.3
During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Park Hotels & Resorts was 45.30% per year. The lowest was -47.20% per year. And the median was -37.50% per year.
PK's 3-Year Dividend Growth Rate is ranked better than 95.08% of 508
companies
in the REITs industry
Industry Median: 2.1
vs PK: 45.30
During the past 12 months, Park Hotels & Resorts's average Dividends Per Share Growth Rate was 392.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 45.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Park Hotels & Resorts's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 1.06. As of today, Park Hotels & Resorts's Dividend Yield % is 9.22%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Park Hotels & Resorts Inc is 5.33, which seems too high.
Good Sign:
Park Hotels & Resorts Inc stock dividend yield is close to 3-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the REIT - Hotel & Motel subindustry, Park Hotels & Resorts's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Park Hotels & Resorts 3-Year Dividend Growth Rate Distribution
For the REITs industry and Real Estate sector, Park Hotels & Resorts's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Park Hotels & Resorts's 3-Year Dividend Growth Rate falls into.
Park Hotels & Resorts 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Park Hotels & Resorts (NYSE:PK) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Park Hotels & Resorts's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 11 years, the highest Dividend Payout Ratio of Park Hotels & Resorts was 5.33. The lowest was 0.15. And the median was 1.07.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Park Hotels & Resorts Inc is 5.33, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Park Hotels & Resorts Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.250
2024-03-27
2024-03-29
2024-04-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.930
2023-12-28
2023-12-29
2024-01-16
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150
2023-09-28
2023-09-29
2023-10-16
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150
2023-06-29
2023-06-30
2023-07-17
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Park Hotels & Resorts's Dividend Yield (%) for Today is calculated as
Current Share Price is $16.06.
Park Hotels & Resorts's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.48.
During the past 11 years, the highest Dividend Yield of Park Hotels & Resorts was 31.46%. The lowest was 0.05%. And the median was 5.87%.
Good Sign:
Park Hotels & Resorts Inc stock dividend yield is close to 3-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Park Hotels & Resorts 3-Year Dividend Growth Rate Related Terms>
Park Hotels & Resorts (Park Hotels & Resorts) Business Description
Park Hotels & Resorts owns upper-upscale and luxury hotels with 26,373 rooms across 41 hotels in the United States. Park also has interests through joint ventures in another 2,656 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.
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