Park Hotels & Resorts Inc (NYSE: PK) was recognized as a Top 10 Real Estate Investment Trust (REIT) by Dividend Channel for its strong valuation and profitability metrics. The report highlighted PK’s current share price of $10.84, which results in a price-to-book ratio of 0.6 and an annual dividend yield of 9.23%, significantly higher than the average yields of 4.1% and price-to-book ratio of 2.6 within its coverage universe.
Park Hotels is currently paying an annualized dividend of $1 per share, distributed quarterly, with an upcoming ex-dividend date on December 31, 2025. The company has maintained a solid dividend history, a critical factor for dividend investors, as REITs must distribute at least 90% of their taxable income as dividends.
