SmarterDividends
PK

Park Hotels & Resorts Inc.

PK

Real Estate · REIT - Hotel & Motel · Stock · quarterly payer

$15.91

Fairly valued · +11% Add to Portfolio

Forward Yield

6.29%

Annual Dividend

$1.00

Payout Ratio

519%

5-Yr Growth

-11.1%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about PK's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Park Hotels & Resorts Inc. (PK) has a forward dividend yield of 6.29%, based on an annual dividend of $1.00 per share and a share price of $15.91.
  • As of Oct 18, 2026, PK's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
  • PK last cut its regular dividend in 2022.
  • PK's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.25 per share.
  • PK's dividend has shrunk at an average rate of 11.1% a year over the past five years.
  • As of Oct 18, 2026, PK's 6.29% yield is 31% below its five-year average yield of 9.06%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PK is $17.72 per share, 11% above the $15.91 share price, so PK screens as fairly valued.
  • Park Hotels & Resorts Inc. (PK) pays its dividend quarterly, 4 times a year.
  • Park Hotels & Resorts Inc. (PK) has raised its regular dividend 3 times and cut it 1 time across the 33 payments on record since 2017. Its most recent change was a 66.7% increase to $0.250 per share, going ex-dividend on Mar 27, 2024. The last cut went ex-dividend on Mar 30, 2022.
Cite this page

SmarterDividends, "PK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PK

Summary

As of Oct 18, 2026, Park Hotels & Resorts Inc. (PK) yields 6.29% ($1.00 a year per share) and has a dividend safety grade of C (52/100).

Is PK a good dividend stock?

Mixed

Park Hotels & Resorts Inc. (PK) pays a quarterly dividend yielding 6.29% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (519%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    6.29%
    Payout Ratio
    519%
    Annual Dividend
    $1.00
    5-Yr Avg Growth
    -11.1%
    Ex-Dividend Date
    Sep 30, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.37
    Market Cap
    $3.2B
    P/E Ratio
    —
    5-Yr Total Return
    -4%
    52-Week Range
    $9.84 – $16.38
    Dividend Safety
    C · 52/100
    Ever Cut?
    Yes (2022)

    PK dividend raises and cuts

    Park Hotels & Resorts Inc. (PK) has raised its regular dividend 3 times and cut it 1 time across the 33 payments on record since 2017. Its most recent change was a 66.7% increase to $0.250 per share, going ex-dividend on Mar 27, 2024. The last cut went ex-dividend on Mar 30, 2022.

    Ex-dateChangeOld → newMove
    Mar 27, 2024Raise$0.150 → $0.250+66.7%
    Mar 30, 2023Raise$0.0100 → $0.150+1400.0%
    Mar 30, 2022Cut$0.450 → $0.0100−97.8%
    Mar 28, 2019Raise$0.430 → $0.450+4.7%
    Every PK payment →Download every raise and cut (CSV)
    PK ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →PK dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is PK a good dividend stock?

    Mixed. Park Hotels & Resorts Inc. (PK) pays a quarterly dividend yielding 6.29% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is PK undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PK's fair value is about $17.72 versus a $15.91 share price — so it looks fairly valued (+11% vs. fair value).

    Is PK's dividend safe?

    PK has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is PK's fair value?

    Our blended fair-value estimate for PK is about $17.72 per share, roughly 11% above the current $15.91 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is PK a buy, hold, or sell?

    We don't issue formal ratings, but on the data PK screens as "mixed" and fairly valued. Park Hotels & Resorts Inc. (PK) pays a quarterly dividend yielding 6.29% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will PK cut its dividend?

    PK earns a dividend-safety grade of C (52/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does PK pay a dividend?

    Yes. Park Hotels & Resorts Inc. pays a quarterly dividend of about $1.00 per share annually, a forward yield of roughly 6.29%.

    What is PK's dividend yield?

    As of Oct 18, 2026, PK's forward dividend yield is 6.29%, based on a $1.00 annual dividend and a $15.91 share price.

    What is PK's dividend per share?

    As of Oct 18, 2026, PK pays $1.00 per share per year, distributed on a quarterly basis.

    What is PK's dividend payout ratio?

    As of Oct 18, 2026, PK's payout ratio is 519% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has PK grown its dividend?

    PK does not currently have a long dividend-growth streak on record.

    When is the next PK ex-dividend date?

    As of Oct 18, 2026, PK's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.25 per share.

    Income Calculator

    At $1.00 / yr per share

    Per payment (quarterly)$25.00
    Annual$100.00
    Monthly avg$8.33

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