{"id":7876,"date":"2023-02-08T16:27:20","date_gmt":"2023-02-08T22:27:20","guid":{"rendered":"https:\/\/1reason.com\/re\/park-hotels-resorts-inc-announces-tax-treatment-of-2022-dividends\/7876\/"},"modified":"2023-02-09T10:27:21","modified_gmt":"2023-02-09T16:27:21","slug":"park-hotels-resorts-inc-announces-tax-treatment-of-2022-dividends","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/park-hotels-resorts-inc-announces-tax-treatment-of-2022-dividends\/7876\/","title":{"rendered":"Park Hotels & Resorts Inc. Announces Tax Treatment of 2022 Dividends"},"content":{"rendered":"
<\/p>\n

The distributions, totaling $0.28 per share, were paid as follows: $0.01 on April 15, 2022\u037e $0.01 on July 15, 2022\u037e $0.01 on October 17, 2022\u037e and $0.25 on January 17, 2023.<\/p>\n

For income tax purposes, the dividends for 2022, totaling $0.28 per share, are classified as $0.28 (100%) Total capital gain distribution.<\/p>\n

The following table summarizes the income tax treatment of the Company’s 2022 dividends:<\/p>\n

2022 Dividend Tax Reporting Information (Form 1099-DIV)<\/strong><\/strong><\/p>\n

Park Hotels & Resorts Inc. Common Stock: PK CUSIP: 700517 105<\/p>\n\n\n\n\n\n\n\n
Record<\/strong> Date<\/strong><\/td>\nPayable<\/strong> Date<\/strong><\/td>\nDividend <\/strong>per<\/strong> Share<\/strong><\/td>\nTotal ordinary dividends <\/strong>(box 1a)<\/strong><\/td>\nTotal<\/strong> capital <\/strong>gain<\/strong> distr. (box 2a)<\/strong><\/td>\nSection<\/strong> 199A dividends <\/strong>(box 5)<\/strong><\/td>\n<\/tr>\n
March 31, 2022<\/td>\nApril 15, 2022<\/td>\n$0.01<\/td>\n$0.00<\/td>\n$0.01<\/td>\n$0.00<\/td>\n<\/tr>\n
June 30, 2022<\/td>\nJuly 15, 2022<\/td>\n$0.01<\/td>\n$0.00<\/td>\n$0.01<\/td>\n$0.00<\/td>\n<\/tr>\n
September 30, 2022<\/td>\nOctober 17, 2022<\/td>\n$0.01<\/td>\n$0.00<\/td>\n$0.01<\/td>\n$0.00<\/td>\n<\/tr>\n
December 30, 2022<\/td>\nJanuary 17, 2023<\/td>\n$0.25<\/td>\n$0.00<\/td>\n$0.25<\/td>\n$0.00<\/td>\n<\/tr>\n
Totals<\/strong><\/td>\n\n$<\/strong>0.28<\/strong><\/td>\n$<\/strong>0.00<\/strong><\/td>\n$<\/strong>0.28<\/strong><\/td>\n$<\/strong>0.00<\/strong><\/td>\n<\/tr>\n<\/table>\n

About Park Hotels & Resorts<\/u><\/strong><\/strong>
Park is the second 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 47 premium-branded hotels and resorts with approximately 30,000 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<\/em>
www.pkhotelsandresorts.com<\/a><\/p>\n

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

\n

TYSONS, Va., Jan. 17, 2023 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (\u201cPark\u201d) (NYSE:PK) (\u201cPark\u201d or the \u201cCompany\u201d) announced today the tax reporting information for its 2022 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\/7876"}],"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=7876"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7876\/revisions"}],"predecessor-version":[{"id":7899,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7876\/revisions\/7899"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=7876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=7876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=7876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}