Host Hotels & Resorts suspends quarterly dividend payments from Q2, which previously amounted to $0.2 per share. This decision will allow the company to maintain approximately $140 million and is consistent with other measures taken by the company to maintain liquidity and balance sheet flexibility, including reducing capital expenditures by $100-125 million and corporate costs by 10% to 15%.
Host Hotels & Resorts suspends quarterly dividend payments from Q2, which previously amounted to $0.2 per share. This decision will allow the company to maintain approximately $140 million and is consistent with other measures taken by the company to maintain liquidity and balance sheet flexibility, including reducing capital expenditures by $100-125 million and corporate costs by 10% to 15%. 
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