PK - Park Hotels & Resorts Inc. Announces Tax Treatment of 2022 Dividends
TYSONS, Va., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) (“Park” or the “Company”) announced today the tax reporting information for its 2022 cash distributions on its common stock.
The distributions, totaling $0.28 per share, were paid as follows: $0.01 on April 15, 2022? $0.01 on July 15, 2022? $0.01 on October 17, 2022? and $0.25 on January 17, 2023.
For income tax purposes, the dividends for 2022, totaling $0.28 per share, are classified as $0.28 (100%) Total capital gain distribution.
The following table summarizes the income tax treatment of the Company's 2022 dividends:
2022 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) |
| Total capital gain distr. (box 2a) |
| Section 199A dividends (box 5) |
| March 31, 2022 |
| April 15, 2022 |
| $0.01 |
| $0.00 |
| $0.01 |
| $0.00 |
| June 30, 2022 |
| July 15, 2022 |
| $0.01 |
| $0.00 |
| $0.01 |
| $0.00 |
| September 30, 2022 |
| October 17, 2022 |
| $0.01 |
| $0.00 |
| $0.01 |
| $0.00 |
| December 30, 2022 |
| January 17, 2023 |
| $0.25 |
| $0.00 |
| $0.25 |
| $0.00 |
| Totals |
| $ 0.28 |
| $ 0.00 |
| $ 0.28 |
| $ 0.00 |
About Park Hotels & Resorts
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’s 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 for more information.
For more information, contact:
Ian Weissman
Senior Vice President, Corporate Strategy
571-302-5591
iweissman@pkhotelsandresorts.com
For additional information or to receive press releases via e-mail, please visit our website at
www.pkhotelsandresorts.com