Host Hotels & Resorts Announces Fourth Quarter Dividend and Special Dividend on Common Stock
Rhea-AI Summary
Host Hotels & Resorts (NASDAQ: HST), the largest lodging REIT in the U.S., has declared a regular quarterly dividend of $0.20 per share and a special dividend of $0.10 per share. The combined dividends bring the total declared for the year to $0.90 per share. Both dividends will be paid on January 15, 2025, to stockholders of record as of December 31, 2024.
Positive
- Regular quarterly dividend maintained at $0.20 per share
- Additional special dividend of $0.10 per share announced
- Total annual dividend distribution reaches $0.90 per share
Negative
- None.
News Market Reaction – HST
In the trading session that priced this news, HST declined 0.58%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BETHESDA, Md., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today announced that its board of directors authorized a regular quarterly cash dividend of
ABOUT HOST HOTELS & RESORTS
Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 76 properties in the United States and five properties internationally totaling approximately 43,400 rooms. The Company also holds non-controlling interests in seven domestic and one international joint ventures.
| SOURAV GHOSH Chief Financial Officer (240) 744-5267 | JAIME MARCUS Investor Relations (240) 744-5117 ir@hosthotels.com |
