anmeldenSUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS
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ALISO VIEJO, Calif., Jan. 25, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced the following tax treatment of the 2023 distributions to holders of the Company's common stock and Series H and Series I preferred stock.
Record | Payable | Total Distribution | Ordinary Dividend | Capital Gain | Section 199A |
Common Stock, Ticker: SHO, CUSIP: 867892101 | |||||
3/31/2023 | 4/17/2023 | $0.050000 | $0.000000 | $0.050000 | $0.000000 |
6/30/2023 | 7/17/2023 | $0.050000 | $0.000000 | $0.050000 | $0.000000 |
9/29/2023 | 10/16/2023 | $0.070000 | $0.000000 | $0.070000 | $0.000000 |
12/29/2023 | 1/16/2024 | $0.130000 | $0.000000 | $0.130000 | $0.000000 |
Series H Preferred Stock, Ticker: SHO PRH, CUSIP: 867892804 | |||||
3/31/2023 | 4/17/2023 | $0.382813 | $0.000000 | $0.382813 | $0.000000 |
6/30/2023 | 7/17/2023 | $0.382813 | $0.000000 | $0.382813 | $0.000000 |
9/29/2023 | 10/16/2023 | $0.382813 | $0.000000 | $0.382813 | $0.000000 |
12/29/2023 | 1/16/2024 | $0.382813 | $0.000000 | $0.382813 | $0.000000 |
Series I Preferred Stock, Ticker: SHO PRI, CUSIP: 867892887 | |||||
3/31/2023 | 4/17/2023 | $0.356250 | $0.000000 | $0.356250 | $0.000000 |
6/30/2023 | 7/17/2023 | $0.356250 | $0.000000 | $0.356250 | $0.000000 |
9/29/2023 | 10/16/2023 | $0.356250 | $0.000000 | $0.356250 | $0.000000 |
12/29/2023 | 1/16/2024 | $0.356250 | $0.000000 | $0.356250 | $0.000000 |
Stockholders are encouraged to consult with a personal tax advisor regarding their specific tax treatment of the Company's distributions.
About Sunstone Hotel Investors
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT"). Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate. For further information, please visit Sunstone's website at www.sunstonehotels.com. The Company's website is provided as a reference only and any information on the website is not incorporated by reference in this release.
For Additional Information
Aaron Reyes
Chief Financial Officer
Sunstone Hotel Investors, Inc.
(949) 382-3018
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SOURCE Sunstone Hotel Investors, Inc.
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