Park Hotels & Resorts Inc. (NYSE:PK) Announces Quarterly Dividend of $0.25

Key Points

• Park Hotels & Resorts declared a $0.25 quarterly dividend, payable July 15 to shareholders of record June 30, implying a roughly 8.7% annualized yield.
• The dividend is currently not covered by earnings — the company reports a 172.4% payout ratio and is using its balance sheet to fund payments, though analysts' EPS forecasts would shrink the payout to around 55% if realized.
• Q1 results were mixed: GAAP EPS of $0.05 missed estimates, but FFO beat at $0.45/share and revenue topped expectations, with FY‑2026 guidance of $1.74–$1.90 roughly in line with the Street.

Park Hotels & Resorts Inc. (NYSE:PK - Get Free Report) declared a quarterly dividend on Thursday, April 30th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.25 per share by the financial services provider on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, June 30th.

Park Hotels & Resorts has raised its dividend by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Park Hotels & Resorts has a dividend payout ratio of 172.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Park Hotels & Resorts to earn $1.81 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 55.2%.

Park Hotels & Resorts Price Performance

PK traded down $0.03 during trading on Friday, hitting $11.44. 1,684,069 shares of the stock traded hands, compared to its average volume of 3,964,594. The business has a 50 day moving average price of $10.92 and a 200 day moving average price of $10.90. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.34 and a quick ratio of 1.34. Park Hotels & Resorts has a twelve month low of $9.84 and a twelve month high of $12.39. The company has a market cap of $2.30 billion, a price-to-earnings ratio of -7.95 and a beta of 1.39.

Park Hotels & Resorts (NYSE:PK - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.33). Park Hotels & Resorts had a negative net margin of 11.14% and a negative return on equity of 8.56%. The business had revenue of $622.00 million during the quarter, compared to the consensus estimate of $609.78 million. During the same quarter in the previous year, the business posted $0.46 EPS. The company's revenue for the quarter was down 1.3% on a year-over-year basis. Park Hotels & Resorts has set its FY 2026 guidance at 1.740-1.900 EPS. Equities research analysts forecast that Park Hotels & Resorts will post 1.76 earnings per share for the current fiscal year.

Key Park Hotels & Resorts News

Here are the key news stories impacting Park Hotels & Resorts this week:

• Positive Sentiment: Q1 funds from operations (FFO) came in above expectations at $0.45/share (Zacks est. $0.40) and revenue beat estimates, supporting near-term cash generation that REIT investors watch closely. Park Hotels & Resorts (PK) Q1 FFO and Revenues Surpass Estimates
• Positive Sentiment: The board declared a $0.25 quarterly dividend (annualized yield ~8.7%), which strengthens the income case for yield-focused investors and can support the share price while underlying performance stabilizes.
• Positive Sentiment: Shareholders approved the board and executive pay at the recent meeting, removing a governance overhang and reducing near-term vote-related uncertainty. Park Hotels & Resorts Shareholders Back Board and Pay
• Neutral Sentiment: FY‑2026 EPS guidance was updated to $1.74–$1.90, roughly in line with the Street (consensus ~$1.76), providing some forward visibility but little upside surprise.
• Neutral Sentiment: Analysts' average price target sits near $11.45, implying limited upside from current levels and signalling mixed analyst sentiment. Park Hotels & Resorts Inc. NYSE: PK Receives $11.45 Average Price Target from Analysts
• Neutral Sentiment: Recent writeups are reexamining PK's valuation now that the company has shown a return to positive GAAP earnings on a quarterly basis, but note mixed fundamentals. A Look At Park Hotels & Resorts (PK) Valuation As Q1 Results Return The Business To Profit
• Negative Sentiment: GAAP EPS of $0.05 missed the consensus ($0.38) and the company still reports negative net margin and negative return on equity; revenue was down ~1.3% year‑over‑year — these metrics underscore ongoing profitability pressure and explain some investor caution. Park Hotels & Resorts Q1 Press Release

Park Hotels & Resorts Company Profile

Park Hotels & Resorts Inc is a publicly traded real estate investment trust (REIT) specializing in luxury and upper-upscale hospitality properties. The company's primary business activity involves owning and leasing premier hotels and resorts across major urban and resort destinations. Through long-term management and franchise agreements with leading hotel operators, Park generates revenue from room nights, food and beverage offerings, meetings and events, and ancillary services.

Since its spin-off from Hilton Worldwide in January 2017, Park Hotels & Resorts has assembled a diversified portfolio of more than 60 properties.

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