{"id":10625,"date":"2024-02-05T18:40:38","date_gmt":"2024-02-06T00:40:38","guid":{"rendered":"https:\/\/1reason.com\/re\/park-hotels-resorts-announces-tax-treatment-of-2023-dividends\/10625\/"},"modified":"2024-02-06T12:40:38","modified_gmt":"2024-02-06T18:40:38","slug":"park-hotels-resorts-announces-tax-treatment-of-2023-dividends","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/park-hotels-resorts-announces-tax-treatment-of-2023-dividends\/10625\/","title":{"rendered":"Park Hotels & Resorts Announces Tax Treatment of 2023 Dividends"},"content":{"rendered":"
<\/p>\n

The distributions, totaling $2.15 per share, were paid as follows: $0.15 on April 17, 2023\u037e $0.15 on July 17, 2023\u037e $0.15 on October 16, 2023; $0.77 on January 16, 2024, and $0.93 on January 16, 2024.<\/p>\n

For income tax purposes, the dividends for 2023, totaling $2.15 per share, are classified as $2.15 (100%) Total capital gain distribution.<\/p>\n

The following table summarizes the income tax treatment of the Company’s 2023 dividends:<\/p>\n

2023 Dividend Tax Reporting Information (Form 1099-DIV)<\/strong><\/p>\n

Park Hotels & Resorts Inc. Common Stock: PK CUSIP: 700517 105<\/p>\n\n\n\n\n\n\n\n\n
Record Date<\/strong><\/td>\nPayable
Date<\/strong><\/td>\n		Dividend per
Share<\/strong><\/td>\n		Total ordinary
dividends<\/strong> (box<\/strong> 1a)<\/strong><\/td>\n		Total capital gain
distr.<\/strong> (box<\/strong> 2a)<\/strong><\/td>\n		Section199A
<\/strong>dividends<\/strong> (box<\/strong> 5)<\/strong><\/td>\n<\/tr>\n
March 31, 2023<\/td>\nApril 17,
2023<\/td>\n		$0.15<\/td>\n$0.00<\/td>\n$0.15<\/td>\n$0.00<\/td>\n<\/tr>\n
June 30, 2023<\/td>\nJuly 17,
2023<\/td>\n		$0.15<\/td>\n$0.00<\/td>\n$0.15<\/td>\n$0.00<\/td>\n<\/tr>\n
September 29, 2023<\/td>\nOctober 16,
2023<\/td>\n		$0.15<\/td>\n$0.00<\/td>\n$0.15<\/td>\n$0.00<\/td>\n<\/tr>\n
December 29, 2023<\/td>\nJanuary 16,
2024<\/td>\n		$0.77<\/td>\n$0.00<\/td>\n$0.77<\/td>\n$0.00<\/td>\n<\/tr>\n
December 29, 2023<\/td>\nJanuary 16,
2024<\/td>\n		$0.93<\/td>\n$0.00<\/td>\n$0.93<\/td>\n$0.00<\/td>\n<\/tr>\n
Totals<\/strong><\/td>\n\n$<\/strong>2.15<\/strong><\/td>\n$<\/strong>0.00<\/strong><\/td>\n$<\/strong>2.15<\/strong><\/td>\n$<\/strong>0.00<\/strong><\/td>\n<\/tr>\n<\/table>\n

About Park Hotels & Resorts<\/u><\/strong>
Park is one of the largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park\u2019s portfolio currently consists of 43 premium-branded hotels and resorts with over 26,000 rooms primarily located in prime city center and resort locations. Visit www.pkhotelsandresorts.com<\/a> for more information.<\/p>\n

For more information, contact:<\/strong>
Ian Weissman
Senior Vice President, Corporate Strategy
571-302-5591
iweissman@pkhotelsandresorts.com<\/a><\/p>\n

For additional information or to receive press releases via e-mail, please visit our website at www.pkhotelsandresorts.com<\/em><\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

TYSONS, Va., Jan. 16, 2024 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (NYSE:PK) (\u201cPark\u201d or the \u201cCompany\u201d) today announced the tax reporting information for its 2023 cash distributions on its Common Stock.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10625"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=10625"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10625\/revisions"}],"predecessor-version":[{"id":10656,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10625\/revisions\/10656"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=10625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=10625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=10625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}