Host Hotels & Resorts Announces Fourth Quarter Dividend and Special Dividend on Common Stock
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.
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.
News Market Reaction – HST
In the trading session that priced this news, HST declined 2.62%, reflecting a moderate 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. 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
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 |
