Understanding Pebblebrook Hotel Trust's Upcoming Dividend Tax Treatment
Pebblebrook Hotel Trust's Dividend Distributions Overview
Pebblebrook Hotel Trust (NYSE: PEB), a prominent name in the real estate investment trust (REIT) industry, has announced its tax treatment for dividends to be distributed in the year 2024. This latest update is crucial for investors and shareholders who are keen on understanding how these distributions will be categorized for tax purposes.
Key Dates for Dividend Distribution
The dividend process involves several key dates that shareholders need to be aware of. The record dates and payable dates for the dividends play a significant role in who qualifies for the distributions:
Dividend Schedule Breakdown
The Company has set the following dates for its upcoming dividends:
- For Common Shares:
- Record Date: March 29, 2024
- Payable Date: April 15, 2024
- Total Distribution per Share: $0.010000
- Ordinary Dividend: $0.000000
- Total Capital Gain Distribution: $0.000000
- Unrecap Sec. 1250 Gain: $0.000000
- Nondividend Distribution: $0.010000
- Section 199A Dividend: $0.000000
- 897 Gain: $0.000000
- For Preferred Shares:
- Record Date: March 29, 2024
- Payable Date: April 15, 2024
- Total Distribution per Share: $0.398440
- Ordinary Dividend: $0.326189
- Total Capital Gain Distribution: $0.000000
- Unrecap Sec. 1250 Gain: $0.000000
- Nondividend Distribution: $0.072251
- Section 199A Dividend: $0.326189
- 897 Gain: $0.000000
Understanding the distinct categories of these distributions will help shareholders accurately report their income and calculate any potential tax liabilities.
How to Address Dividend Questions
Shareholders holding shares through a bank or broker should direct any inquiries regarding the dividend treatment to their respective financial institution. For registered shareholders, questions can be posed to the Company’s transfer agent, EQ Shareowner Services, at (800) 468-9716. It is also advisable for shareholders to consult with their personal tax advisors to comprehend the implications of these distributions on their individual tax situations.
Overview of Pebblebrook Hotel Trust
Pebblebrook Hotel Trust (NYSE: PEB) stands out as the largest owner of urban and resort lifestyle hotels across the United States. The Company’s robust portfolio consists of 46 hotels, with approximately 12,000 guest rooms spread across 13 distinct urban and resort markets. This extensive reach positions Pebblebrook favorably within the real estate sector, offering diverse investing opportunities for stakeholders.
Staying Connected with Pebblebrook
For those interested in learning more about Pebblebrook Hotel Trust's operations and financial results, engaging with their official website and staying updated via their social media channels is recommended. Potential investors and current shareholders alike are encouraged to explore the various resources available to better understand the Company’s performance and investment potential.
Frequently Asked Questions
What are the key dates for the 2024 dividend distributions?
The record and payable dates for the dividends are March 29, 2024, and April 15, 2024, respectively.
How can I direct my questions regarding dividends?
Questions related to dividends should be directed to either your bank or broker, or to EQ Shareowner Services at (800) 468-9716 for registered shareholders.
What tax implications should shareholders consider?
Shareholders are advised to consult with a personal tax advisor to understand the specific tax treatment related to Pebblebrook's distributions.
How many hotels does Pebblebrook Hotel Trust own?
Pebblebrook Hotel Trust owns 46 hotels, which include approximately 12,000 guest rooms across various markets.
Where can I find more information on Pebblebrook Hotel Trust?
For further information on financial results and updates, visit Pebblebrook's official website.
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