Ryman Hospitality Properties, Inc. Announces 2022 Tax Classification of Shareholder Dividend Distributions
Ryman Hospitality Properties announced the 2022 tax classification of its dividend distributions for shareholders. Two notable payments include a $0.10 dividend paid on October 17, 2022, and a $0.25 dividend paid on January 17, 2023, totaling $0.35 for the year. The tax classifications indicate that $0.283418 is ordinary non-qualifying dividends, while $0.066582 represents long-term capital gains. Shareholders are advised to consult with tax advisors for specific treatments as this information is preliminary and subject to changes upon further filings.
- Total dividend distribution for 2022 amounted to $0.35 per share, indicating a return of income for shareholders.
- Shareholders received a substantial portion of ordinary non-qualifying dividends ($0.283418).
- None.
NASHVILLE, Tenn., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (the “Company”) today announced the 2022 tax classification of the dividend distributions made to the Company’s shareholders.
The income tax classification as expected to be reported on Form 1099-DIV is as follows:
| Record Date | Payment Date | Total Distribution | Total Taxable in 2022 | Ordinary Non- Qualifying Dividend | Long-term Capital Gain ( | Nondividend Dist (Return of Capital) | Eligible Sec. 199A Dividend | ||||||
| 9/30/2022 | 10/17/2022 | $ | 0.10 | $ | 0.100000 | $ | 0.080977 | $ | 0.019023 | $ | - | $ | 0.080977 |
| 12/30/2022 | 1/17/2023 | $ | 0.25 | $ | 0.250000 | $ | 0.202441 | $ | 0.047559 | $ | - | $ | 0.202441 |
| Total | $ | 0.35 | $ | 0.350000 | $ | 0.283418 | $ | 0.066582 | $ | - | $ | 0.283418 | |
The information presented above is based on preliminary results and is subject to correction or adjustment when the Company’s filings are completed. The tax information provided should not be construed as tax advice. Shareholders are encouraged to consult with their tax advisors regarding their specific tax treatment.
About Ryman Hospitality Properties, Inc.
Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. The Company’s core holdings, Gaylord Opryland Resort & Convention Center, Gaylord Palms Resort & Convention Center, Gaylord Texan Resort & Convention Center, Gaylord National Resort & Convention Center, and Gaylord Rockies Resort & Convention Center, are five of the top ten largest non-gaming convention center hotels in the United States based on total indoor meeting space. These convention center resorts operating under the Gaylord Hotels brand, along with two adjacent ancillary hotels, are managed by Marriott International and represent a combined total of 10,412 rooms and more than 2.8 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company also owns a
| Investor Relations Contacts: | Media Contacts: |
| Mark Fioravanti, President and Chief Executive Officer | Shannon Sullivan, Vice President Corporate and Brand Communications |
| Ryman Hospitality Properties, Inc. | Ryman Hospitality Properties, Inc. |
| (615) 316-6588 | (615) 316-6725 |
| mfioravanti@rymanhp.com | ssullivan@rymanhp.com |
| ~or~ | ~or~ |
| Jennifer Hutcheson, Executive Vice President and Chief Financial Officer | Robert Winters |
| Ryman Hospitality Properties, Inc. | Alpha IR Group |
| (615) 316-6320 | (929) 266-6315 |
| jhutcheson@rymanhp.com | robert.winters@alpha-ir.com |
| ~or~ | |
| Todd Siefert, Senior Vice President Corporate Finance and Treasurer | |
| Ryman Hospitality Properties, Inc. | |
| 615-316-6344 | |
| tsiefert@rymanhp.com |
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