Host Hotels & Resorts, Inc.'s board of directors has authorized a 25% increase in the regular quarterly cash dividend
Dividends
June 15, 2023
Host Hotels & Resorts, Inc. (HST) has news for its investors. The lodging real estate investment trust recently revealed that its board of directors has authorized a 25% increase in the regular quarterly cash dividend.
The board of directors of Host Hotels & Resorts, Inc. has unanimously approved a regular quarterly cash dividend of $0.15 per share, signifying a substantial 25% surge over the prior quarter's dividend. This increase demonstrates the company's confidence in its financial performance and growth prospects.
Host Hotels & Resorts, Inc. is set to distribute the enhanced dividend on July 17, 2023. To be eligible for this dividend, investors must be recorded as stockholders on June 30, 2023. The payment schedule ensures that shareholders who hold the stock during the determined timeframe can enjoy the benefits of the increased dividend payout.
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