Sunstone Hotel Investors Announces Tax Treatment of Its 2017 Dividends
ALISO VIEJO, Calif., Jan. 26, 2018 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced today the following tax treatment of the 2017 distributions to holders of the Company's common and preferred stock.
Security Description | CUSIP | Ticker | Record Date | Payable Date | Total | Ordinary | Total |
Common | 867892101 | SHO | 3/31/2017 | 4/17/2017 | $0.050000 | $0.037976 | $0.012024 |
Common | 867892101 | SHO | 6/30/2017 | 7/17/2017 | $0.050000 | $0.037976 | $0.012024 |
Common | 867892101 | SHO | 9/30/2017 | 10/16/2017 | $0.050000 | $0.037976 | $0.012024 |
Common | 867892101 | SHO | 12/31/2017 | 1/16/2018 | $0.580000 | $0.440519 | $0.139481 |
Series E Preferred | 867892606 | SHO/PRE | 3/31/2017 | 4/17/2017 | $0.434375 | $0.329914 | $0.104461 |
Series E Preferred | 867892606 | SHO/PRE | 6/30/2017 | 7/17/2017 | $0.434375 | $0.329914 | $0.104461 |
Series E Preferred | 867892606 | SHO/PRE | 9/30/2017 | 10/16/2017 | $0.434375 | $0.329914 | $0.104461 |
Series E Preferred | 867892606 | SHO/PRE | 12/31/2017 | 1/15/2018 | $0.434375 | $0.329914 | $0.104461 |
Series F Preferred | 867892705 | SHO/PRF | 3/31/2017 | 4/17/2017 | $0.403125 | $0.306179 | $0.096946 |
Series F Preferred | 867892705 | SHO/PRF | 6/30/2017 | 7/17/2017 | $0.403125 | $0.306179 | $0.096946 |
Series F Preferred | 867892705 | SHO/PRF | 9/30/2017 | 10/16/2017 | $0.403125 | $0.306179 | $0.096946 |
Series F Preferred | 867892705 | SHO/PRF | 12/31/2017 | 1/15/2018 | $0.403125 | $0.306179 | $0.096946 |
For stockholders whose shares are held through a bank, broker or nominee, questions regarding the dividend should be directed to the bank, broker or nominee. For registered stockholders, questions regarding the dividend should be directed to Sunstone's transfer agent: Shareholder Services at American Stock Transfer and Trust Company at (718) 921-8124 or toll free at 1-800-937-5449.
Shareholders are encouraged to consult with their personal tax advisors as to 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") that, as of the date hereof, has interests in 25 hotels comprised of 12,450 rooms. Sunstone's hotels are primarily in the urban and resort upper upscale segment and are generally operated under nationally recognized brands, such as Marriott, Hilton and Hyatt. For further information, please visit Sunstone's website at www.sunstonehotels.com.
For Additional Information:
Bryan Giglia
Chief Financial Officer
Sunstone Hotel Investors, Inc.
(949) 382-3036
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SOURCE Sunstone Hotel Investors, Inc.
