Park Hotels & Resorts Announces Tax Treatment of 2024 Dividends

Park Hotels & Resorts (NYSE:PK) has announced the tax treatment details for its 2024 cash distributions on Common Stock.

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01/16/2025 - 04:15 PM EST

TYSONS, Va.--(BUSINESS WIRE)-- Park Hotels & Resorts Inc. (NYSE:PK) (“Park” or the “Company”) today announced the tax reporting information for its 2024 cash distributions on its Common Stock.

The distributions, totaling $1.40 per share, were paid as follows: $0.25 on April 15, 2024; $0.25 on July 15, 2024; $0.25 on October 15, 2024; and $0.65 on January 15, 2025.

For income tax purposes, the dividends for 2024, totaling $1.40 per share, are classified as: (i) $1.285731 (91.8379%) Total ordinary dividends, and (ii) $0.114269 (8.1621%) Total capital gain distribution.

The following table summarizes the income tax treatment of the Company's 2024 dividends:

2024 Dividend Tax Reporting Information (Form 1099-DIV)

Park Hotels & Resorts Inc. Common Stock: PK CUSIP: 700517 105

Record Date	Payable Date	Dividend per Share	Total ordinary dividends (box 1a)	Qualified dividends (box 1b)	Total capital gain distr. (box 2a)	Section 199A dividends (box 5)
March 29, 2024	April 15, 2024	$0.25	$0.229595	$0.052307	$0.020405	$0.177288
June 28, 2024	July 15, 2024	$0.25	$0.229595	$0.052307	$0.020405	$0.177288
September 30, 2024	October 15, 2024	$0.25	$0.229595	$0.052307	$0.020405	$0.177288
December 31, 2024	January 15, 2025	$0.65	$ 0.596946	$0.135997	$0.053054	$0.460949
Totals		$1.40	$1.285731	$0.292918	$0.114269	$0.992813

About Park Hotels & Resorts

Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park’s portfolio currently consists of 40 premium-branded hotels and resorts with approximately 25,000 rooms primarily located in prime city center and resort locations.

Visit www.pkhotelsandresorts.com for more information.

For additional information or to receive press releases via e-mail, please visit our website at www.pkhotelsandresorts.com