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Park Hotels & Resorts (Park Hotels & Resorts) 5-Year Yield-on-Cost % : 9.06 (As of Apr. 26, 2024)


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What is Park Hotels & Resorts 5-Year Yield-on-Cost %?

Park Hotels & Resorts's yield on cost for the quarter that ended in Dec. 2023 was 9.06.


The historical rank and industry rank for Park Hotels & Resorts's 5-Year Yield-on-Cost % or its related term are showing as below:

PK' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.05   Med: 5.88   Max: 31.46
Current: 9.06


During the past 11 years, Park Hotels & Resorts's highest Yield on Cost was 31.46. The lowest was 0.05. And the median was 5.88.


PK's 5-Year Yield-on-Cost % is ranked better than
65.87% of 835 companies
in the REITs industry
Industry Median: 7.1 vs PK: 9.06

Competitive Comparison of Park Hotels & Resorts's 5-Year Yield-on-Cost %

For the REIT - Hotel & Motel subindustry, Park Hotels & Resorts's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Park Hotels & Resorts's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Park Hotels & Resorts's 5-Year Yield-on-Cost % falls into.



Park Hotels & Resorts 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Park Hotels & Resorts is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Park Hotels & Resorts  (NYSE:PK) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Park Hotels & Resorts 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Park Hotels & Resorts's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Park Hotels & Resorts (Park Hotels & Resorts) Business Description

Traded in Other Exchanges
Address
1775 Tysons Boulevard, 7th Floor, Tysons, VA, USA, 22102
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.
Executives
Geoffrey Garrett director C/O PARK HOTELS & RESORTS, 1775 TYSONS BOULEVARD, 7TH FLOOR, TYSONS VA 22102
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Nancy M. Vu officer: SVP,Gen. Counsel & Secretary 1775 TYSONS BLVD., 7TH FLOOR, TYSONS VA 22102
Thomas A Natelli director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jill C Olander officer: See Remarks C/O PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD., 7TH FLOOR, TYSONS VA 22102
Baltimore Thomas J Jr director, officer: See Remarks PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD, 7TH FLOOR, TYSONS VA 22102
Darren W Robb officer: See Remarks C/O PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD., 7TH FLOOR, TYSONS VA 22102
Carl A. Mayfield officer: EVP, Design and Construction C/O PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD, 7TH FLOOR, TYSONS VA 22102
Matthew Abram Sparks officer: See Remarks C/O HILTON GRAND VACATIONS, 5323 MILLENIA LAKES BLVD., SUITE 400, ORLANDO FL 32839
Hna Tourism Group Co., Ltd. 10 percent owner HNA BUILDING, NO. 7 GUOXING ROAD, HAIKOU F4 570203
Stephen I Sadove director
Mu Xianyu director C/O PARK HOTELS & RESORTS INC., 1600 TYSONS BOULEVARD, STE. 1000, MCLEAN VA 22102
Blackstone Real Estate Associates Vi L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Blackstone Real Estate Partners Vi.te.2 Prime L.p. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Hlt Holdco Iii Prime Llc 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154

Park Hotels & Resorts (Park Hotels & Resorts) Headlines

From GuruFocus

Park Hotels & Resorts Inc. Announces Sale of Hilton Miami Airport

By GlobeNewswire GlobeNewswire 02-02-2023