Host Hotels & Resorts Announces Second Quarter Dividend

Rhea-AI Summary

Host Hotels & Resorts, the nation's largest lodging real estate investment trust, announced that its board of directors has authorized a regular quarterly cash dividend of $0.20 per share.

This dividend will be payable on July 15, 2024, to stockholders of record as of June 28, 2024.

The announcement underscores the company's ongoing commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.20 per share announced.
• Dividend payable on July 15, 2024.
• Stockholders of record as of June 28, 2024, eligible for the dividend.
• Ongoing commitment to returning value to shareholders emphasized.

Negative

• Announcement lacks details on financial performance or growth projections.
• No information on potential impacts of market conditions or economic factors on future dividends.
• Dividend amount remains unchanged compared to previous quarters, indicating no growth in shareholder returns.

BETHESDA, Md., June 13, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today announced that its board of directors authorized a regular quarterly cash dividend of $0.20 per share. The dividend is payable on July 15, 2024, to stockholders of record as of June 28, 2024.

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 74 properties in the United States and five properties internationally totaling approximately 42,700 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

FAQ

What is the dividend amount announced by Host Hotels & Resorts for the second quarter?

The dividend amount announced is $0.20 per share.

When is the dividend from Host Hotels & Resorts payable?

The dividend is payable on July 15, 2024.

Who is eligible to receive the Host Hotels & Resorts dividend?

Stockholders of record as of June 28, 2024, are eligible to receive the dividend.

What is the stock symbol for Host Hotels & Resorts?

The stock symbol for Host Hotels & Resorts is HST.

How does Host Hotels & Resorts' dividend reflect on shareholder value?

The dividend reflects the company's ongoing commitment to returning value to its shareholders.