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.
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|
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
View original content:https://www.prnewswire.com/news-releases/sunstone-hotel-investors-announces-tax-treatment-of-2023-dividends-302044893.html
SOURCE Sunstone Hotel Investors, Inc.
