Host Hotels & Resorts Declares Quarterly Dividend
Host Hotels & Resorts (HST) has declared a quarterly dividend of $0.20 per share, consistent with its previous payout. The forward yield is currently estimated at 3.62%. Shareholders will receive the payment on October 15 for those registered as of September 30; shares will trade ex-dividend starting that same date. The company has also raised its RevPAR growth outlook to a range of 4.75%–5.25%, and it provided an adjusted EBITDAre midpoint guidance of $1.83 billion for the year. Host Hotels reported FFO (funds from operations) of $0.63 per share, exceeding expectations by $0.01, while revenue reached $1.64 billion—$30 million above forecasts. The consistent dividend and improved guidance reflect strong operational performance and reinforce investor confidence in the company’s financial stability.
Tickers: $HST
Topics: dividends earnings report hotel industry