Park’s board of directors declared a special cash dividend of 77c per share in connection with the effective exit from the Hilton San Francisco Hotels, which results in a required additional distribution. The special dividend will be paid on January 16, 2024 to stockholders of record as of December 29.
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Read More on PK:
- Park Hotels & Resorts Inc. Reports Third Quarter 2023 Results and Announces Special Dividend of $0.77 Per Share
- Park Hotels & Resorts initiated with a Hold at HSBC
- Park Hotels & Resorts initiated with a Neutral at Wedbush
- Wolfe Research says generally cautious on Lodging amid macro concerns
- Park Hotels & Resorts initiated with an Outperform at Wolfe Research
