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Park Hotels & Resorts Inc.

S&P 500

PK/Real Estate · REIT - Hotel & Motel/NYSE

Dividend Yield

6.86%

$1.00 · Annual Dividend

Stock Price$14.57P/E41.3MCap2.9BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

24/ 100Warning

PK's dividend shows several warning signs. Strengths include a 133.4 debt-to-equity & 17.3% 5-year dividend cagr. Areas of concern: 538.5% earnings payout ratio & 288.4% fcf payout ratio. The dividend has been growing at a 17.32% 5-year CAGR. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 14 of 15 metrics

Strengths

  • 5-Year Dividend CAGR: 17.3%Dividend has grown at a healthy 5-year pace.
  • Debt-to-Equity: 133.4Conservative debt level relative to equity.

Risks

  • Earnings Payout Ratio: 538.5%High earnings payout ratio leaves little safety margin.
  • FCF Payout Ratio: 288.4%Free cash flow is tight relative to the dividend.
  • CFO Payout Ratio: 213.7%Operating cash flow leaves little room for the payout.

Payout & Coverage

Danger
288.4%Danger
213.7%Danger

Balance Sheet

Caution

Profitability

Warning
-6.4%Danger
11.1%Caution
28.0%Caution

Dividend Track Record

Caution
4 yrsCaution
YesDanger
17.3%Very Safe
UnstableDanger

About Park Hotels & Resorts Inc.

Park Hotels & Resorts Inc. operates as a leading real estate investment trust (REIT) focused primarily on owning and managing upscale and luxury hotels. It was spun off from Hilton Worldwide Holdings Inc. in 2017 and is headquartered in Tysons, Virginia. The company's portfolio includes a diverse array of properties that provide lodging accommodations, conference facilities, and resort amenities designed to cater to business travelers and vacationers. Park Hotels & Resorts Inc. holds a prominent position in the hospitality sector with significant assets in key metropolitan and resort destinations across the United States. This strategic distribution allows it to benefit from both business travel and leisure tourism trends. By owning a range of properties affiliated with reputable brands, Park Hotels & Resorts Inc. maintains a robust market presence and attracts a broad customer base. The REIT's focus on high-quality assets in desirable locations underscores its commitment to maximizing shareholder value through strategic asset management and potential property enhancements. As such, it plays a vital role in the hospitality industry by contributing to the real estate infrastructure that supports travel and tourism economies.

Dividend Overview

Dividend Yield

6.86%

Annual Dividend

$1.00

Frequency

Quarterly

Payout Ratio

538.46%

FCF Payout Ratio

288.41%

52-Week Range

$9.84 - $14.95

Dividend History (2016–2025)

PK annual dividend per share and yield history

Earnings & Profitability

PK earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 30, 2026

Next Payment Date

July 15, 2026

Dividend Growth

3-Year Dividend CAGR

52.86%

5-Year Dividend CAGR

17.32%

10-Year Dividend CAGR

N/A

3-Year Total Growth

257.14%

5-Year Total Growth

122.22%

10-Year Total Growth

N/A

Income Calculator

PK Dividend Calculator

Total Investment

$1,457.00

Annual Income

$100.00

Quarterly Income

$25.00

Monthly Income

$8.33

Frequently Asked Questions

What is PK's current dividend yield?
Park Hotels & Resorts Inc. (PK) currently has a dividend yield of 6.86%, based on a stock price of $14.57 and an annual dividend of $1.00.
When is PK's next dividend payment date?
PK's next ex-dividend date is 2026-06-30 and the next payment date is 2026-07-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does PK pay in dividends per year?
Park Hotels & Resorts Inc. paid $1.00 per share in annual dividends in 2025. The dividends are paid quarterly.
Has PK been increasing its dividend?
Park Hotels & Resorts Inc. has grown its dividend at a 5-year CAGR of 17.32%.
Is PK's dividend safe?
Park Hotels & Resorts Inc. has a payout ratio of 538.46%. Its free cash flow payout ratio is 288.41%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is PK's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Park Hotels & Resorts Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.