SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS

PR Newswire

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

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SOURCE Sunstone Hotel Investors, Inc.