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Stock impact report

Park Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.25 Per Share

Park Hotels & Resorts Inc. (PK) 
Last park hotels & resorts inc. earnings: 2/26 04:15 pm Check Earnings Report
US:NYSE Investor Relations: pkhotelsandresorts.com
Company Research Source: GlobeNewswire
TYSONS, Va., April 19, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a second quarter cash dividend of $0.25 per share of common stock. The dividend will be paid in cash on July 15, 2024 to stockholders of record as of June 28, 2024. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements related to the effects of Park's decision to cease payments on its $725 million non-recourse CMBS loan secured by the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc 55 San Francisco – a Hilton Hotel, and the lender's exercise of its remedies, including placing such hotels into receivership, as well as Park’s current expectations regarding the perform Show less Read more
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