Park Hotels & Resorts Announces Tax Treatment of 2024 Dividends
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
0mins
Should l Buy PK?
Source: Businesswire
Dividend Distribution Announcement: Park Hotels & Resorts Inc. announced a total cash distribution of $1.40 per share for 2024, with payments scheduled on April 15, July 15, October 15, and January 15, 2025.
Tax Reporting Information: The dividends are classified for tax purposes as approximately 91.84% ordinary dividends and 8.16% capital gain distributions, with detailed reporting provided for each payment date.
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Analyst Views on PK
Wall Street analysts forecast PK stock price to rise
7 Analyst Rating
2 Buy
5 Hold
0 Sell
Moderate Buy
Current: 11.420
Low
10.50
Averages
11.93
High
14.00
Current: 11.420
Low
10.50
Averages
11.93
High
14.00
About PK
Park Hotels & Resorts Inc. is a lodging real estate investment trust (REIT). The Company has a diverse portfolio of hotels and resorts with significant underlying real estate value. It has interests in 36 hotels, consisting of premium-branded hotels and resorts with approximately 23,055 rooms, of which over 87% are luxury and upper upscale and are located in prime United States markets and its territories. Its high-quality portfolio includes hotels mostly in major urban and convention areas, such as New York City, Washington, D.C., Chicago, Boston, New Orleans and Denver; and premier resorts in key leisure destinations, including Hawaii, Orlando, Key West and Miami Beach; as well as hotels in select airport and suburban locations. Its brands include Hilton Hotels & Resorts, DoubleTree by Hilton, Signia by Hilton, Marriott, Hyatt Regency, Embassy Suites by Hilton, Marriott Tribute Portfolio, Curio - A Collection by Hilton, Waldorf Astoria Hotels & Resorts, JW Marriott, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Announcement Schedule: Park Hotels & Resorts is set to release its Q4 2023 earnings report on February 19 after market close, with consensus estimates predicting a funds from operations (FFO) per share of $0.46 and revenue of $622.3 million, providing crucial financial health indicators for investors.
- Asset Disposal Update: The company recently sold five non-core hotels for a total of $198 million, a move that not only helps optimize its asset portfolio but may also enhance liquidity and financial flexibility.
- Market Expectation Analysis: According to Seeking Alpha's Quant Rating, Park Hotels' financial performance is under close scrutiny, and market expectations for future earnings will significantly impact investor confidence and stock price volatility.
- Historical Financial Data Review: The historical financial data and dividend scorecard for Park Hotels provide investors with a foundation for assessing the company's long-term performance, aiding in a more comprehensive analysis ahead of the upcoming earnings report.
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- Quarterly Dividend Declaration: Park Hotels & Resorts has declared a quarterly dividend of $0.25 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy, which is likely to attract more investor interest.
- Earnings Beat Expectations: The company reported a funds from operations (FFO) of $0.51, exceeding expectations by $0.05, suggesting improved operational efficiency and potentially boosting market confidence in its future growth prospects.
- Revenue Growth: Park Hotels achieved revenue of $629 million, surpassing market expectations by $6.7 million, reflecting strong performance in the hotel sector and a recovery in market demand, further solidifying its market position.
- Asset Disposition: The company sold five non-core hotels for $198 million, a strategic move that helps optimize its asset portfolio, freeing up capital for more promising investment opportunities and enhancing overall financial flexibility.
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- Share Sale Details: On February 17, 2026, H/2 Credit Manager LP disclosed in an SEC filing that it sold 741,040 shares of Park Hotels & Resorts during Q4 2025, with an estimated transaction value of $7.94 million, indicating a potential loss of confidence in the company.
- Decline in Position Value: The sale resulted in a $10.17 million decline in H/2 Credit Manager's quarter-end position value in Park Hotels, reflecting not only the impact of the sale but also changes in share price, highlighting market concerns regarding the company's performance.
- Company Financial Overview: As of February 17, 2026, Park Hotels' shares were priced at $11.47, down 4.3% year-over-year, with a net income of -$12 million, indicating financial strain despite an adjusted EBITDA of $609 million, suggesting underlying operational challenges.
- Investor Focus: Park Hotels is actively shedding lower-quality properties and redeploying capital into high-return renovations, with the Royal Palm overhaul expected to yield a 15% to 20% ROI, demonstrating the company's commitment to optimizing its asset portfolio and improving financial health.
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- Strong Financial Performance: Park Hotels & Resorts reported Q4 FFO of $0.51, beating expectations by $0.05, indicating robust market performance that boosts investor confidence.
- Stable Revenue Growth: The company achieved Q4 revenue of $629 million, a 0.6% year-over-year increase, exceeding market expectations by $6.7 million, demonstrating its ability to maintain steady revenue streams in a competitive hotel industry.
- Positive 2026 Outlook: Park anticipates 2026 RevPAR to range from $190 to $194, reflecting a stable to 2% growth compared to 2025, indicating a positive outlook on future market demand.
- Increased Net Income Projections: Expected net income for 2026 is projected between $69 million and $99 million, with net income attributable to stockholders ranging from $62 million to $92 million, showcasing sustained profitability and reinforcing its market position.
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- Analyst Rating Changes: Keybanc analyst Todd Thomas downgraded Brandywine Realty Trust from Overweight to Sector Weight on December 4, 2025, with a 57% accuracy rate, potentially diminishing investor confidence in the stock.
- Market Reaction: JP Morgan analyst Anthony Paolone downgraded the stock from Neutral to Underweight on November 24, 2025, with a 63% accuracy rate, which may exacerbate negative sentiment in the market and affect its stock performance.
- Earnings Forecast: Park Hotels & Resorts is set to report its fourth-quarter financial results after the market closes on February 19, 2026, with analysts raising the price target from $11 to $12, indicating confidence despite an 8.63% dividend yield.
- RLJ Lodging Trust Update: Analyst Michael Bellisario downgraded RLJ Lodging Trust from Outperform to Neutral on October 3, 2025, cutting the price target from $9 to $7.5, which could influence investor perceptions of the stock, even with a 7.79% dividend yield.
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- Announcement of Dividend: Park Hotels & Resorts Inc. has announced a dividend for the year 2025.
- Details of the Dividend: The specifics regarding the amount and payment schedule of the dividend have been outlined in the announcement.
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