Service Properties Trust Announces 2020 Dividend Allocation

Rhea-AI Summary

Service Properties Trust (SVC) has announced the final dividend allocations for 2020, totaling $0.57 per share. The breakdown includes $0.54 as ordinary income and $0.01 for qualified dividends, with no amounts classified under unrecaptured capital gains. Key dates for dividends include record dates of January 27, April 21, July 27, and October 26, 2020. Shareholders are advised to refer to IRS Form 1099-DIV for tax reporting purposes and can find further tax basis information in Form 8937 on SVC's website.

Positive

• Total dividends allocated for 2020 amount to $0.57 per share, providing returns for shareholders.

Negative

• No amounts classified under unrecaptured capital gains may suggest limited capital growth.

Service Properties Trust (Nasdaq: SVC) today announced that the characterization of dividends for 2020 income tax reporting purposes is as follows:

Common Shares
										Dividend Allocation
										Per Share
										Section					Total		Unrecaptured
Declaration		Record		Paid/Payable		Dividends		Ordinary		199A			Qualified		Capital		Section 1250		Return of
Dates		Dates		Dates		Per Share		Income		Dividend(1)			Dividend(2)		Gain		Gain(3)		Capital
01/16/20		01/27/20		02/20/20		$0.54		$0.0000		$0.0000			$0.0000		$0.0000		$0.0000		$0.5400
03/30/20		04/21/20		05/21/20		$0.01		$0.0000		$0.0000			$0.0000		$0.0000		$0.0000		$0.0100
07/16/20		07/27/20		08/20/20		$0.01		$0.0000		$0.0000			$0.0000		$0.0000		$0.0000		$0.0100
10/23/20		10/26/20		11/19/20		$0.01		$0.0000		$0.0000			$0.0000		$0.0000		$0.0000		$0.0100
				TOTALS:		$0.57		$0.0000		$0.0000			$0.0000		$0.0000		$0.0000		$0.5700

SVC’s common share CUSIP number is 81761L102. This information represents final income allocations.

⁽¹⁾  Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.
⁽²⁾  Qualified Dividends are a subset of, and included in, the Ordinary Income Amount.
⁽³⁾  Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain Amount.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV. For additional information regarding the effect on the tax basis of SVC shares, please see Form(s) 8937 published on the SVC website: https://www.svcreit.com/investors/stock-information/distributions.

Service Properties Trust is a real estate investment trust which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada. SVC is managed by the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119006036/en/

FAQ

What is the total dividend amount for SVC in 2020?

The total dividend amount for SVC in 2020 is $0.57 per share.

What are the record dates for SVC's 2020 dividends?

The record dates for SVC's 2020 dividends are January 27, April 21, July 27, and October 26.

How should shareholders report SVC dividends for tax purposes?

Shareholders should refer to IRS Form 1099-DIV for tax reporting related to SVC dividends.

Where can I find more information about SVC's dividend tax basis?

Additional information regarding SVC's dividend tax basis can be found in Form 8937 on SVC's website.