Pebblebrook Hotel Trust Announces Tax Treatment of 2022 Dividends

Rhea-AI Summary

Pebblebrook Hotel Trust (NYSE: PEB) announced tax treatment for its 2022 distributions to common and preferred shareholders. The total distribution per share included ordinary dividends and capital gain distributions, with amounts ranging from $0.010000 to $0.398440 across various dates. Key payment dates include January 18, April 15, July 15, October 17 in 2022, and January 17, 2023. Shareholders are advised to consult tax advisors for specific treatment of distributions. As a leader in urban and resort lifestyle hotels, Pebblebrook currently owns 51 hotels with approximately 12,800 rooms nationwide.

Positive

• Consistent dividend payments showcasing company stability.
• Total distribution amounts demonstrate shareholder commitment.

Negative

• None.

BETHESDA, Md.--(BUSINESS WIRE)-- Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced the following tax treatment of the 2022 distributions to holders of the Company’s common and preferred shares.

Record Date		Payable Date		Total Distribution Per Share		Ordinary Dividend		Total Capital Gain Distribution		Unrecap Sec. 1250 Gain		Nondividend Distribution		Section 199A Dividend		897 Gain
Security Description/CUSIP: 70509V100 Ticker Symbol: PEB
12/31/2021		1/18/2022		$0.010000		$0.010000		$0.000000		$0.000000		$0.000000		$0.010000		$0.000000
3/31/2022		4/15/2022		$0.010000		$0.010000		$0.000000		$0.000000		$0.000000		$0.010000		$0.000000
6/30/2022		7/15/2022		$0.010000		$0.010000		$0.000000		$0.000000		$0.000000		$0.010000		$0.000000
9/30/2022		10/17/2022		$0.010000		$0.001873		$0.008127		$0.008127		$0.000000		$0.001873		$0.008127
12/30/2022		1/17/2023		$0.010000		$0.010000		$0.000000		$0.000000		$0.000000		$0.010000		$0.000000
Security Description/CUSIP: 70509V605 Ticker Symbol: PEB/PRE
12/31/2021		1/18/2022		$0.398440		$0.398440		$0.000000		$0.000000		$0.000000		$0.398440		$0.000000
3/31/2022		4/15/2022		$0.398440		$0.398440		$0.000000		$0.000000		$0.000000		$0.398440		$0.000000
6/30/2022		7/15/2022		$0.398440		$0.398440		$0.000000		$0.000000		$0.000000		$0.398440		$0.000000
9/30/2022		10/17/2022		$0.398440		$0.074628		$0.323812		$0.323812		$0.000000		$0.074628		$0.323812
12/30/2022		1/17/2023		$0.398440		$0.398440		$0.000000		$0.000000		$0.000000		$0.398440		$0.000000
Security Description/CUSIP: 70509V704 Ticker Symbol: PEB/PRF
12/31/2021		1/18/2022		$0.393750		$0.393750		$0.000000		$0.000000		$0.000000		$0.393750		$0.000000
3/31/2022		4/15/2022		$0.393750		$0.393750		$0.000000		$0.000000		$0.000000		$0.393750		$0.000000
6/30/2022		7/15/2022		$0.393750		$0.393750		$0.000000		$0.000000		$0.000000		$0.393750		$0.000000
9/30/2022		10/17/2022		$0.393750		$0.073749		$0.320001		$0.320001		$0.000000		$0.073749		$0.320001
12/30/2022		1/17/2023		$0.393750		$0.393750		$0.000000		$0.000000		$0.000000		$0.393750		$0.000000
Security Description/CUSIP: 70509V803 Ticker Symbol: PEB/PRG
12/31/2021		1/18/2022		$0.398440		$0.398440		$0.000000		$0.000000		$0.000000		$0.398440		$0.000000
3/31/2022		4/15/2022		$0.398440		$0.398440		$0.000000		$0.000000		$0.000000		$0.398440		$0.000000
6/30/2022		7/15/2022		$0.398440		$0.398440		$0.000000		$0.000000		$0.000000		$0.398440		$0.000000
9/30/2022		10/17/2022		$0.398440		$0.074628		$0.323812		$0.323812		$0.000000		$0.074628		$0.323812
12/30/2022		1/17/2023		$0.398440		$0.398440		$0.000000		$0.000000		$0.000000		$0.398440		$0.000000
Security Description/CUSIP: 70509V886 Ticker Symbol: PEB/PRH
12/31/2021		1/18/2022		$0.356250		$0.356250		$0.000000		$0.000000		$0.000000		$0.356250		$0.000000
3/31/2022		4/15/2022		$0.356250		$0.356250		$0.000000		$0.000000		$0.000000		$0.356250		$0.000000
6/30/2022		7/15/2022		$0.356250		$0.356250		$0.000000		$0.000000		$0.000000		$0.356250		$0.000000
9/30/2022		10/17/2022		$0.356250		$0.066725		$0.289525		$0.289525		$0.000000		$0.066725		$0.289525
12/30/2022		1/17/2023		$0.356250		$0.356250		$0.000000		$0.000000		$0.000000		$0.356250		$0.000000

For shareholders with shares held through a bank, broker or nominee, questions regarding the dividend should be directed to the applicable bank, broker or nominee. For registered shareholders, questions regarding the dividends should be directed to the Company’s transfer Agent: EQ Shareowner Services at (800) 468-9716. Shareholders are encouraged to consult with their personal tax advisors regarding the specific tax treatment of the Company’s distributions.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 51 hotels, totaling approximately 12,800 guest rooms across 15 urban and resort markets. For more information, visit www.pebblebrookhotels.com and follow us at @PebblebrookPEB.

For information about the Company’s business and financial results, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained at the Investor Relations section of the Company’s website at www.pebblebrookhotels.com.

For additional information or to receive press releases via email, please visit our website at www.pebblebrookhotels.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230124005821/en/

Raymond D. Martz, Chief Financial Officer, Pebblebrook Hotel Trust - (240) 507-1330

Source: Pebblebrook Hotel Trust

FAQ

What are the dividend amounts for Pebblebrook Hotel Trust in 2022?

Pebblebrook Hotel Trust paid dividends of $0.010000 to $0.398440 per share for 2022.

When is the next dividend payment date for PEB?

The next dividend payment date for Pebblebrook Hotel Trust was January 17, 2023.

What type of tax treatment applies to Pebblebrook's 2022 distributions?

The distributions include ordinary dividends and capital gain distributions, with specific tax implications.

Where can I find more information about Pebblebrook Hotel Trust's financial results?

Details about financial results can be found in the Company's SEC filings and on their Investor Relations website.