Source: Marketscreener

Sunstone: SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS

ALISO VIEJO, Calif. , Jan. 30, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced the following tax treatment of the 2024 distributions to holders of the Company's common stock and Series H and Series I preferred stock. Record Date Payable Date Total Distribution Per Share Taxable in 2024 Ordinary Dividends Section 199A Dividends Taxable in 2025 Common Stock - Ticker Symbol: SHO / CUSIP: 867892101 3/28/2024 4/15/2024 $0.070000 $0.070000 $0.070000 $0.070000 $0.000000 6/28/2024 7/15/2024 $0.090000 $0.090000 $0.090000 $0.090000 $0.000000 9/30/2024 10/15/2024 $0.090000 $0.090000 $0.090000 $0.090000 $0.000000 12/31/2024 1/15/2025 $0.090000 $0.030000 $0.030000 $0.030000 $0.060000 Series H Preferred Stock - Ticker Symbol: SHO PR H / CUSIP: 867892804 3/28/2024 4/15/2024 $0.382813 $0.382813 $0.382813 $0.382813 $0.000000 6/28/2024 7/15/2024 $0.382813 $0.382813 $0.382813 $0.382813 $0.000000 9/30/2024 10/15/2024 $0.382813 $0.382813 $0.382813 $0.382813 $0.000000 12/31/2024 1/15/2025 $0.382813 $0.382813 $0.382813 $0.382813 $0.000000 Series I Preferred Stock - Ticker Symbol: SHO PR I / CUSIP: 867892887 3/28/2024 4/15/2024 $0.356250 $0.356250 $0.356250 $0.356250 $0.000000 6/28/2024 7/15/2024 $0.356250 $0.356250 $0.356250 $0.356250 $0.000000 9/30/2024 10/15/2024 $0.356250 $0.356250 $0.356250 $0.356250 $0.000000 12/31/2024 1/15/2025 $0.356250 $0.356250 $0.356250 $0.356250 $0.000000 The common stock distribution of $0.090000 per share payable on January 15, 2025 , to holders of record as of December 31, 2024 , will be treated as paid in two tax years for income tax purposes, with approximately 33.33%, or $0.030000 per share, taxable in 2024 and approximately 66.67%, or $0.060000 per share, taxable in 2025. 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 . 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-2024-dividends-302364064.html SOURCE Sunstone Hotel Investors, Inc. ALISO VIEJO, Calif. , Jan. 30, 2025 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced the following tax treatment of the 2024 distributions to holders of the Company's common stock and Series H and Series I preferred stock. Record Date Payable Date Total Distribution Per Share Taxable in 2024 Ordinary Dividends Section 199A Dividends Taxable in 2025 Common Stock - Ticker Symbol: SHO / CUSIP: 867892101 3/28/2024 4/15/2024 $0.070000 $0.070000 $0.070000 $0.070000 $0.000000 6/28/2024 7/15/2024 $0.090000 $0.090000 $0.090000 $0.090000 $0.000000 9/30/2024 10/15/2024 $0.090000 $0.090000 $0.090000 $0.090000 $0.000000 12/31/2024 1/15/2025 $0.090000 $0.030000 $0.030000 $0.030000 $0.060000 Series H Preferred Stock - Ticker Symbol: SHO PR H / CUSIP: 867892804 3/28/2024 4/15/2024 $0.382813 $0.382813 $0.382813 $0.382813 $0.000000 6/28/2024 7/15/2024 $0.382813 $0.382813 $0.382813 $0.382813 $0.000000 9/30/2024 10/15/2024 $0.382813 $0.382813 $0.382813 $0.382813 $0.000000 12/31/2024 1/15/2025 $0.382813 $0.382813 $0.382813 $0.382813 $0.000000 Series I Preferred Stock - Ticker Symbol: SHO PR I / CUSIP: 867892887 3/28/2024 4/15/2024 $0.356250 $0.356250 $0.356250 $0.356250 $0.000000 6/28/2024 7/15/2024 $0.356250 $0.356250 $0.356250 $0.356250 $0.000000 9/30/2024 10/15/2024 $0.356250 $0.356250 $0.356250 $0.356250 $0.000000 12/31/2024 1/15/2025 $0.356250 $0.356250 $0.356250 $0.356250 $0.000000 The common stock distribution of $0.090000 per share payable on January 15, 2025 , to holders of record as of December 31, 2024 , will be treated as paid in two tax years for income tax purposes, with approximately 33.33%, or $0.030000 per share, taxable in 2024 and approximately 66.67%, or $0.060000 per share, taxable in 2025. 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 . 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-2024-dividends-302364064.html SOURCE Sunstone Hotel Investors, Inc.

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Annual Revenue
$500M-1.0B
Employees
25-100
Bryan A. Giglia's photo - CEO of Sunstone

CEO

Bryan A. Giglia

CEO Approval Rating

82/100

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