Chatham Lodging Trust Announces 2024 Distribution Characterization
Chatham Lodging Trust (NYSE: CLDT), a REIT focused on upscale extended-stay and premium-branded select service hotels, has announced its 2024 dividend tax characterization. For Series A Preferred shares (CLDT-PA), quarterly dividends of $0.41406 are classified as 100% taxable ordinary income and Section 199A dividends. Common stock (CLDT) quarterly dividends of $0.07 are split between taxable ordinary income ($0.05392) and return of capital ($0.01608), with the taxable portion qualifying as Section 199A dividends.
No portion of the 2024 dividends represented foreign taxes or qualified dividend income. Shareholders will receive IRS Form 1099-DIV from either EQ Shareholder Services (registered holders) or their brokers (street name holders).
Chatham Lodging Trust (NYSE: CLDT), un REIT focalizzato su hotel di fascia alta e di servizio selezionato a marchio premium, ha annunciato la caratterizzazione fiscale dei dividendi per il 2024. Per le azioni di tipo A Preferito (CLDT-PA), i dividendi trimestrali di $0.41406 sono classificati come reddito ordinario tassabile al 100% e dividendi ai sensi della Sezione 199A. I dividendi trimestrali delle azioni ordinarie (CLDT) di $0.07 sono suddivisi tra reddito ordinario tassabile ($0.05392) e rimborso di capitale ($0.01608), con la parte tassabile che si qualifica come dividendi ai sensi della Sezione 199A.
Nessuna parte dei dividendi del 2024 ha rappresentato tasse estere o reddito da dividendi qualificati. Gli azionisti riceveranno il modulo IRS 1099-DIV da EQ Shareholder Services (titolari registrati) o dai loro broker (titolari sotto nome di strada).
Chatham Lodging Trust (NYSE: CLDT), un REIT enfocado en hoteles de alta gama y de servicio selecto de marca premium, ha anunciado su clasificación fiscal de dividendos para 2024. Para las acciones preferentes de la Serie A (CLDT-PA), los dividendos trimestrales de $0.41406 están clasificados como 100% ingreso ordinario sujeto a impuestos y dividendos de la Sección 199A. Los dividendos trimestrales de las acciones comunes (CLDT) de $0.07 se dividen entre ingreso ordinario sujeto a impuestos ($0.05392) y devolución de capital ($0.01608), con la parte imponible calificada como dividendos de la Sección 199A.
Ninguna parte de los dividendos de 2024 representó impuestos extranjeros o ingresos por dividendos cualificados. Los accionistas recibirán el formulario IRS 1099-DIV de EQ Shareholder Services (tenedores registrados) o de sus corredores (tenedores en nombre de calle).
Chatham Lodging Trust (NYSE: CLDT)는 고급 장기 체류 호텔 및 프리미엄 브랜드 선택 서비스 호텔에 중점을 둔 REIT로서 2024년 배당금 세금 특성을 발표했습니다. A 우선주(CLDT-PA)에 대한 분기별 배당금 $0.41406는 100% 과세 가능한 일반 소득 및 섹션 199A 배당금으로 분류됩니다. 보통주(CLDT)의 분기별 배당금 $0.07는 과세 가능한 일반 소득($0.05392)과 자본 환급($0.01608)으로 분할되며, 과세 부분은 섹션 199A 배당금으로 인정됩니다.
2024년 배당금의 어떤 부분도 외국세 또는 자격 배당 소득을 나타내지 않았습니다. 주주들은 EQ Shareholder Services(등록 보유자) 또는 그들의 브로커(거리 이름 보유자)로부터 IRS 양식 1099-DIV를 받을 것입니다.
Chatham Lodging Trust (NYSE: CLDT), un REIT axé sur des hôtels haut de gamme et des services sélectionnés de marque premium, a annoncé la caractérisation fiscale de ses dividendes pour 2024. Pour les actions privilégiées de la série A (CLDT-PA), les dividendes trimestriels de $0.41406 sont classés comme 100% de revenu ordinaire imposable et dividendes selon la section 199A. Les dividendes trimestriels des actions ordinaires (CLDT) de $0.07 se répartissent entre revenus ordinaires imposables ($0.05392) et remboursement de capital ($0.01608), avec la partie imposable qualifiée en tant que dividendes de la section 199A.
Aucune partie des dividendes de 2024 ne représentait des impôts étrangers ni des revenus de dividendes qualifiés. Les actionnaires recevront le formulaire IRS 1099-DIV d'EQ Shareholder Services (titulaires enregistrés) ou de leurs courtiers (titulaires au nom de la rue).
Chatham Lodging Trust (NYSE: CLDT), ein REIT, der sich auf gehobene Langzeitunterkünfte und premium-markenbezogene Servicehotels konzentriert, hat die steuerliche Charakterisierung der Dividenden für 2024 bekannt gegeben. Für die Serie A Vorzugsaktien (CLDT-PA) werden die vierteljährlichen Dividenden von $0.41406 als 100% steuerpflichtiges Einkommen und Dividenden gemäß Abschnitt 199A klassifiziert. Die vierteljährlichen Dividenden der Stammaktien (CLDT) von $0.07 teilen sich zwischen steuerpflichtigem Einkommen ($0.05392) und Rückzahlung des Kapitals ($0.01608), wobei der steuerpflichtige Anteil als Dividenden gemäß Abschnitt 199A gilt.
Kein Teil der Dividenden 2024 stellte ausländische Steuern oder qualifiziertes Dividendeneinkommen dar. Aktionäre erhalten das IRS-Formular 1099-DIV entweder von EQ Shareholder Services (registrierte Inhaber) oder von ihren Brokern (Inhaber unter Straßenname).
- Consistent quarterly dividend payments maintained for both preferred ($0.41406) and common shares ($0.07)
- 77% of common stock dividends qualify as taxable ordinary income eligible for Section 199A deduction
- 23% of common stock dividend represents return of capital, indicating earnings don't fully cover distributions
Security Description |
CUSIP |
Ticker Symbol |
Record Date |
Payment Date |
Dividend Per Share |
Taxable Ordinary Income(1) |
Return of Capital(2) |
Section 199A Dividends(3) |
Series A Preferred |
16208T201 |
CLDT-PA |
3/28/24 |
4/15/24 |
|
|
|
|
Series A Preferred |
16208T201 |
CLDT-PA |
6/28/24 |
7/15/24 |
|
|
|
|
Series A Preferred |
16208T201 |
CLDT-PA |
9/30/24 |
10/15/24 |
|
|
|
|
Series A Preferred |
16208T201 |
CLDT-PA |
12/31/24 |
1/15/25 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock |
16208T102 |
CLDT |
3/28/24 |
4/15/24 |
|
|
|
|
Common Stock |
16208T102 |
CLDT |
6/28/24 |
7/15/24 |
|
|
|
|
Common Stock |
16208T102 |
CLDT |
9/30/24 |
10/15/24 |
|
|
|
|
Common Stock |
16208T102 |
CLDT |
12/31/24 |
1/15/25 |
|
|
|
|
(1) |
Form 1099-Div box 1a |
(2) |
Form 1099-Div box 3 |
(3) |
Form 1099-Div box 5 |
No portion of the dividends declared in 2024 represented foreign taxes or qualified dividend income.
Registered holders of Chatham Lodging Trust common or preferred shares who received any of the dividends specified in the table above will receive an Internal Revenue Service (IRS) Form 1099-DIV from EQ Shareholder Services, the company’s dividend paying agent. The Form 1099-DIV will report the dividends paid with respect to 2024. Shareholders whose shares are held in “street name” will receive an IRS Form 1099 from the bank, brokerage firm or other nominee holding their shares.
The information in the table above is based on the preliminary results of work on the tax filings of Chatham Lodging Trust and is subject to correction or adjustment when the filings are completed. No material change in these classifications is expected. The tax information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders are encouraged to consult with their own tax advisors regarding the specific federal, state, local, foreign and other tax consequences of ownership of Chatham Lodging Trust’s shares and the specific tax treatment of distributions on Chatham Lodging Trust’s shares.
About Chatham Lodging Trust
Chatham Lodging Trust is a self-advised, publicly-traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. Additional information about Chatham may be found at chathamlodgingtrust.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 about Chatham Lodging Trust, including statements regarding future plans, strategies, performance, acquisitions, capital expenditures, future operating results and the timing and composition of revenues, among others, and statements containing words such as “expects,” “believes” or “will,” which indicate that those statements are forward-looking. Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results or performance to differ materially from those discussed in such statements. Additional risks are discussed in the company’s filings with the Securities and Exchange Commission.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250122784442/en/
Dennis Craven (Company)
Chief Operating Officer
(561) 227-1386
Source: Chatham Lodging Trust
FAQ
What is the quarterly dividend amount for CLDT common shares in 2024?
How are CLDT's 2024 common stock dividends characterized for tax purposes?
What is the quarterly dividend rate for CLDT Series A Preferred shares in 2024?
Do CLDT's 2024 dividends qualify for Section 199A tax treatment?
When are CLDT's quarterly dividends paid in 2024?
