27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Park Hotels & Resorts Inc. (NYSE:PK) (the "Company") today announced the tax reporting information for its 2019 cash distributions on its Common Stock.
The distributions, totaling $1.90 per share, were paid as follows: $0.45 on April 15, 2019; $0.45 on July 15, 2019; $0.45 on October 15, 2019; and $0.55 on January 15, 2020.
For income tax purposes, the dividends for 2019, totaling $1.90 per share, are classified as $1.605405 (84.4950%) Total ordinary dividends and $0.294595 (15.5050%) Total capital gain distribution. The Total ordinary dividends include Section 199A dividends of $1.605405.
The following table summarizes the income tax treatment of the Company's 2019 dividends:
2019 Dividend Tax Reporting Information (Form 1099-DIV)
Park Hotels & Resorts Inc. Common Stock: PK CUSIP: 700517 105
Record Date | Payable Date | Dividend | Total | Total capital | Section 199A | ||||||||||||
March 29, 2019 | April 15, 2019 | $0.45 | $0.389265 | $0.060735 | $0.389265 | ||||||||||||
June 28, 2019 | July 15, 2019 | $0.45 | $0.377423 | $0.072577 | $0.377423 | ||||||||||||
September 30, 2019 | October 15, 2019 | $0.45 | $0.377423 | $0.072577 | $0.377423 | ||||||||||||
December 31, 2019 | January 15, 2020 | $0.55 | $0.461294 | $0.088706 | $0.461294 | ||||||||||||
Totals |
| $1.90 | $1.605405 | $0.294595 | $1.605405 |
About Park Hotels & Resorts
Park Hotels & Resorts Inc. (NYSE:PK) is the second largest publicly traded lodging real estate investment trust with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 62 premium-branded hotels and resorts with approximately 34,000 rooms primarily located in prime U.S markets with high barriers to entry.
For additional information or to receive press releases via e-mail, please visit our website at www.pkhotelsandresorts.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20200117005037/en/
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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