Service Properties Trust Announces 2021 Dividend Allocation

Rhea-AI Summary

Service Properties Trust (Nasdaq: SVC) announced the characterization of dividends for 2021 tax reporting. Total dividends for shareholders reached $0.04 per share. The dividend payment history includes six payments of $0.01 each, with the last payment on November 18, 2021. Notably, these dividends will be reported on IRS Form 1099-DIV. Investors can find additional tax-related information on the SVC website.

SVC focuses on the hotel industry and service-oriented retail properties, managing over $12 billion in assets across the U.S., Canada, and Puerto Rico.

Positive

• Dividend total of $0.04 per share for 2021, providing income for shareholders.

Negative

• None.

NEWTON, Mass.--(BUSINESS WIRE)-- Service Properties Trust (Nasdaq: SVC) today announced that the characterization of dividends for 2021 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
01/14/21		01/25/21		02/18/21		$0.01		$0.0000		$0.0000		$0.0000		$0.0000		$0.0000		$0.0100
04/15/21		04/26/21		05/20/21		$0.01		$0.0000		$0.0000		$0.0000		$0.0000		$0.0000		$0.0100
07/15/21		07/26/21		08/19/21		$0.01		$0.0000		$0.0000		$0.0000		$0.0000		$0.0000		$0.0100
10/14/21		10/25/21		11/18/21		$0.01		$0.0000		$0.0000		$0.0000		$0.0000		$0.0000		$0.0100
				TOTALS:		$0.04		$0.0000		$0.0000		$0.0000		$0.0000		$0.0000		$0.0400

(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.

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

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 (Nasdaq: SVC) is a real estate investment trust, or REIT, with more than $12 billion invested in two asset categories: hotels and service-focused retail net lease properties. SVC owns more than 300 hotels with over 48,000 guest rooms throughout the United States and in Puerto Rico and Canada, the majority of which are extended stay and select service. SVC owns nearly 800 retail service focused net lease properties totaling over 13 million square feet throughout United States. SVC is managed by The RMR Group (Nasdaq: RMR), a leading alternative asset management company with more than $32 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. SVC is headquartered in Newton, MA. For more information, visit svcreit.com.

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/20220118006207/en/

Kristin Brown, Director, Investor Relations

(617) 796-8232

www.svcreit.com

Source: Service Properties Trust

FAQ

What is the total dividend payout for Service Properties Trust in 2021?

The total dividend payout for Service Properties Trust in 2021 is $0.04 per share.

When was the last dividend payment made by SVC in 2021?

The last dividend payment made by Service Properties Trust in 2021 was on November 18, 2021.

How can I access the tax reporting information for SVC dividends?

Tax reporting information for SVC dividends can be accessed via IRS Form 1099-DIV and additional details are available on the SVC website.

What asset categories does Service Properties Trust invest in?

Service Properties Trust invests primarily in hotels and service-focused retail net lease properties.

What is the ticker symbol for Service Properties Trust?

The ticker symbol for Service Properties Trust is SVC.