Sunstone Hotel Investors Announces Tax Treatment of Its 2012 Dividends

31 Jan, 2013, 16:15 ET from Sunstone Hotel Investors, Inc.

ALISO VIEJO, Calif., Jan. 31, 2013 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today the following tax treatment of its 2012 distributions to its Series A and Series D preferred shareholders.

Security

CUSIP

Ticker

Record Date

Payable Date

Total Distribution per Share

2012 Taxable Dividends per Share

Series A

867892200

SHO/PRA

3/31/2012

4/15/2012

$ 0.500000

$   0.500000

Series A

867892200

SHO/PRA

6/30/2012

7/15/2012

$ 0.500000

$   0.500000

Series A

867892200

SHO/PRA

9/30/2012

10/15/2012

$ 0.500000

$   0.500000

Series A

867892200

SHO/PRA

12/31/2012

1/15/2013

$ 0.500000

$   0.500000

Series D

867892507

SHO/PRD

3/31/2012

4/15/2012

$ 0.500000

$   0.500000

Series D

867892507

SHO/PRD

6/30/2012

7/15/2012

$ 0.500000

$   0.500000

Series D

867892507

SHO/PRD

9/30/2012

10/15/2012

$ 0.500000

$   0.500000

Series D

867892507

SHO/PRD

12/31/2012

1/15/2013

$ 0.500000

$   0.500000

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. ("Sunstone") is a lodging real estate investment trust ("REIT") that, adjusted for the transactions noted herein, has interests in 26 hotels comprised of 11,632 rooms. Sunstone's hotels are primarily in the upper upscale segment and are generally operated under nationally recognized brands, such as Marriott, Hilton, Hyatt, Fairmont, and Sheraton. For further information, please visit Sunstone's website at www.sunstonehotels.com.

Sunstone's mission is to create meaningful value for our stockholders by becoming the premier hotel investment company. Our values include transparency, trust, ethical conduct, communication and discipline. We seek to employ a balanced, cycle-appropriate corporate strategy that encompasses the following:

  • Proactive portfolio management;
  • Intensive asset management;
  • Disciplined external growth; and
  • Measured balance sheet improvement.

For Additional Information: Bryan Giglia Senior Vice President – Corporate Finance Sunstone Hotel Investors, Inc. (949) 382-3036

SOURCE Sunstone Hotel Investors, Inc.



RELATED LINKS

http://www.sunstonehotels.com