Host Hotels & Resorts Declares Q3 Cash Dividend for Investors
Host Hotels & Resorts Announces Quarterly Dividend for Shareholders
Host Hotels & Resorts, Inc. (NASDAQ: HST), a leading name in the lodging real estate investment trust sector, has recently revealed an exciting update for its investors. The board of directors has authorized a regular quarterly cash dividend, set at $0.20 per share. This announcement signifies a commitment to returning value to shareholders, and the dividend will be payable to those on record as of September 30, 2024.
A Look at Host Hotels & Resorts
As one of the largest lodging real estate investment trusts in the United States, Host Hotels & Resorts proudly maintains a robust portfolio. The company owns 76 impressive properties across the nation and five additional properties internationally, comprising approximately 43,400 rooms in total. These luxurious and upper-upscale hotels place Host Hotels at the forefront of the hospitality industry.
Financial Performance and Future Prospects
Host Hotels & Resorts has consistently demonstrated strong financial performance, driven by significant occupancy rates and revenue per room across its properties. The company's strategic focus on high-quality assets allows it to navigate challenges and capitalize on opportunities in the market. As travel continues to rebound, the demand for quality lodging remains a priority, positioning the company favorably for upcoming quarters.
Key Management Contacts
For those looking to delve deeper into the company's operations, the financial leadership team is readily available. Sourav Ghosh serves as Chief Financial Officer, offering insights into financial strategies and growth. He can be reached directly at (240) 744-5267 for any specific inquiries regarding the company’s financial outlook.
Additionally, Jaime Marcus oversees Investor Relations and can provide updates about investments and shareholder concerns. You can contact him at (240) 744-5117 or via email for further engagement.
Frequently Asked Questions
What is the amount of the recently declared dividend?
The board of Host Hotels & Resorts has declared a dividend of $0.20 per share for its shareholders.
When will the dividend be paid?
The dividend is scheduled to be payable on October 15, 2024, for stockholders on record as of September 30, 2024.
How many properties does Host Hotels & Resorts own?
Host Hotels & Resorts owns a total of 76 properties across the United States and five international properties.
Who can I contact for investor relations?
Jaime Marcus, the Investor Relations contact, can be reached at (240) 744-5117 for any inquiries regarding investments or shareholder information.
What is the investment focus of Host Hotels & Resorts?
Host Hotels & Resorts primarily invests in luxury and upper-upscale hotels, aiming to provide high-quality accommodations and maximize shareholder value.
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