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Host Hotels & Resorts Announces Fourth Quarter Dividend and Special Dividend on Common Stock

Host Hotels & Resorts, Inc. (NASDAQ: HST) announced a quarterly cash dividend of $0.12 per share and a special dividend of $0.20 per share, increasing total dividends for 2022 to $0.53 per share.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Host Hotels & Resorts, Inc. (NASDAQ: HST) announced a quarterly cash dividend of $0.12 per share and a special dividend of $0.20 per share, increasing total dividends for 2022 to $0.53 per share. The dividends are payable on January 17, 2023, to stockholders on record by December 30, 2022. As the largest lodging real estate investment trust in the U.S., Host Hotels owns 73 properties domestically and five internationally, totaling approximately 42,200 rooms.

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Positive

  • Quarterly cash dividend of $0.12 per share and special dividend of $0.20 per share indicate strong financial performance.
  • Total dividends declared for the year reached $0.53 per share, reflecting shareholder value.
  • Company owns 73 properties in the U.S. and five internationally, showing significant market presence.

Negative

  • None.
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-2.62% session move Open Argus
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News Market Reaction – HST

The recorded move for HST in the trading session of this news was -2.62%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BETHESDA, Md., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), today announced that its board of directors authorized a regular quarterly cash dividend of $0.12 per share and a special dividend of $0.20 per share, bringing the total dividends declared for the year to $0.53 per share. The dividend is payable on January 17, 2023, to stockholders of record on December 30, 2022.

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 73 properties in the United States and five properties internationally totaling approximately 42,200 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

 


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the total dividend declared by Host Hotels for 2022?

Host Hotels declared a total dividend of $0.53 per share for the year 2022.

When will the dividends be paid to shareholders?

The dividends will be payable on January 17, 2023.

What are the details of the special dividend announced by Host Hotels?

The special dividend announced is $0.20 per share.

Who is eligible to receive the dividends from Host Hotels?

Stockholders of record on December 30, 2022, are eligible to receive the dividends.

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