This Stock Has A 7.10% Yield And Sells For Less Than Book

Park Hotels & Resorts has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, PK shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent PK share price of $14.08 represents a price-to-book ratio of 0.8 and an annual dividend yield of 7.10% — by comparison, the average stock in Dividend Channel's coverage universe yields 4.1% a ...