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Park Hotels declares Q4 dividend

Park Hotels & Resorts Inc. declared a fourth-quarter dividend of $1.00 per share, marking an increase compared to a previous quarterly dividend of 43 cents per share.

The dividend is payable Jan. 15, 2019, to shareholders on record as of Dec. 31.

The per-share dividend includes 70 cents from results of operations in 2018, with the remaining 30 cents attributed to proceeds from the sale of the lodging real estate investment trust's assets during the same year.