Park Hotels & Resorts to Pay Special Dividend

Park Hotels & Resorts, a lodging and real estate company, said Monday that its board will distribute a special dividend of $2.79 per share, payable to shareholders of record on Jan. 19.

The dividend represents the company’s estimated share of earnings and profit which the company is required to distribute to its shareholders in line with its registration as a real estate investment trust. The company expects to pay the dividend on or as soon as practicable after Mar. 9.

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