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Service Properties Trust Announces 2024 Dividend Allocation

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Service Properties Trust (Nasdaq: SVC) has announced its dividend allocation for 2024. The company will distribute four quarterly dividends: three payments of $0.20 per share scheduled for February 15, May 16, and August 15, and a reduced payment of $0.01 per share on November 14. The total dividend distribution for 2024 will be $0.61 per share, with all distributions classified as Return of Capital for tax purposes.

For tax reporting, shareholders should refer to IRS Form 1099-DIV. The dividend allocation shows zero amounts for Ordinary Income, Section 199A Dividend, Qualified Dividend, Capital Gain, and Unrecaptured Section 1250 Gain categories.

Service Properties Trust (Nasdaq: SVC) ha annunciato l'allocazione del dividendo per il 2024. L'azienda distribuirà quattro dividendi trimestrali: tre pagamenti di $0,20 per azione in programma per il 15 febbraio, 16 maggio e 15 agosto, e un pagamento ridotto di $0,01 per azione il 14 novembre. La distribuzione totale del dividendo per il 2024 sarà di $0,61 per azione, con tutte le distribuzioni classificate come Restituzione di Capitali ai fini fiscali.

Per la reportistica fiscale, gli azionisti dovrebbero fare riferimento al modulo IRS 1099-DIV. L'allocazione del dividendo mostra importi zero per le categorie di Reddito Ordinario, Dividendo ai sensi della Sezione 199A, Dividendo Qualificato, Guadagno di Capitale, e Guadagno dalla Sezione 1250 non catturato.

Service Properties Trust (Nasdaq: SVC) ha anunciado su asignación de dividendos para 2024. La empresa distribuirá cuatro dividendos trimestrales: tres pagos de $0.20 por acción programados para el 15 de febrero, 16 de mayo y 15 de agosto, y un pago reducido de $0.01 por acción el 14 de noviembre. La distribución total de dividendos para 2024 será de $0.61 por acción, con todas las distribuciones clasificadas como Devolución de Capital a efectos fiscales.

Para la declaración de impuestos, los accionistas deben referirse al formulario del IRS 1099-DIV. La asignación de dividendos muestra cantidades cero para las categorías de Ingresos Ordinarios, Dividendo de la Sección 199A, Dividendo Calificado, Ganancia de Capital y Ganancia No Capturada de la Sección 1250.

서비스 프로퍼티스 트러스트(Nasdaq: SVC)는 2024년 배당금 분배를 발표했습니다. 이 회사는 4회의 분기 배당금을 배분할 예정이며, 2월 15일, 5월 16일 및 8월 15일에 각각 주당 $0.20의 배당금을 세 차례 지급하고, 11월 14일에는 주당 $0.01의 감량된 배당금을 지급합니다. 2024년 총 배당금 분배는 주당 $0.61이 될 것입니다, 모든 배당금은 세금 목적으로 자본 환급으로 분류됩니다.

세금 보고를 위해 주주들은 IRS 양식 1099-DIV를 참조해야 합니다. 배당금 할당은 일반 소득, 섹션 199A 배당금, 자격 배당금, 자본 이득 및 포착되지 않은 섹션 1250 이득 카테고리에서 0 금액을 보여줍니다.

Service Properties Trust (Nasdaq: SVC) a annoncé son allocation de dividende pour 2024. L'entreprise répartira quatre dividendes trimestriels : trois paiements de 0,20 $ par action programmés pour le 15 février, 16 mai et 15 août, et un paiement réduit de 0,01 $ par action le 14 novembre. La distribution totale de dividendes pour 2024 sera de 0,61 $ par action, toutes les distributions étant classées comme Retour de Capital à des fins fiscales.

Pour la déclaration fiscale, les actionnaires doivent se référer au formulaire IRS 1099-DIV. L'allocation des dividendes montre des montants nuls pour les catégories de Revenus Ordinaires, Dividende de la Section 199A, Dividende Qualifié, Gain en Capital et Gain Non Capturé de la Section 1250.

Service Properties Trust (Nasdaq: SVC) hat die Dividendenverteilung für 2024 bekannt gegeben. Das Unternehmen wird vier vierteljährliche Dividenden ausschütten: drei Zahlungen von je $0,20 pro Aktie, die für den 15. Februar, 16. Mai und 15. August geplant sind, sowie eine reduzierte Zahlung von $0,01 pro Aktie am 14. November. Die Gesamtdistribution der Dividende für 2024 wird $0,61 pro Aktie betragen, wobei alle Ausschüttungen aus steuerlichen Gründen als Kapitalrückzahlung klassifiziert werden.

Für die Steuerberichterstattung sollten Aktionäre das IRS-Formular 1099-DIV zu Rate ziehen. Die Dividendenverteilung weist in den Kategorien Ordentliches Einkommen, Dividende gemäß Abschnitt 199A, Qualifizierte Dividende, Kapitalgewinn und Unrealisierter Gewinn gemäß Abschnitt 1250 null Beträge aus.

Positive
  • Consistent quarterly dividend payments for first three quarters
  • Tax-efficient distribution as Return of Capital
Negative
  • Significant dividend reduction in Q4 2024 (from $0.20 to $0.01 per share)
  • Total annual dividend of $0.61 implies reduced shareholder returns

NEWTON, Mass.--(BUSINESS WIRE)-- Service Properties Trust (Nasdaq: SVC) today announced that the characterization of dividends for 2024 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

01/11/24

01/22/24

02/15/24

$0.20

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.2000

04/11/24

04/22/24

05/16/24

$0.20

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.2000

07/11/24

07/22/24

08/15/24

$0.20

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.2000

10/16/24

10/28/24

11/14/24

$0.01

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.0100

 

 

TOTALS:

$0.61

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.6100

  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.

About Service Properties Trust

Service Properties Trust (Nasdaq: SVC) is a real estate investment trust, with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of September 30, 2024, SVC owned 214 hotels with over 36,000 guest rooms throughout the United States and in Puerto Rico and Canada. As of September 30, 2024, SVC also owned 745 retail service-focused net lease properties totaling over 13.3 million square feet throughout United States. SVC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with nearly $41 billion in assets under management as of September 30, 2024, 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 www.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.

Kevin Barry, Senior Director, Investor Relations

(617) 796-8232

Source: Service Properties Trust

FAQ

What are SVC's dividend payment dates for 2024?

SVC will pay dividends on February 15, May 16, August 15, and November 14, 2024.

How much is SVC's dividend per share in Q4 2024?

SVC's dividend for Q4 2024 is $0.01 per share, payable on November 14, 2024.

What is the total dividend distribution for SVC in 2024?

The total dividend distribution for SVC in 2024 is $0.61 per share.

How are SVC's 2024 dividends classified for tax purposes?

All of SVC's 2024 dividends are classified as Return of Capital for tax purposes.

Why is SVC reducing its dividend in Q4 2024?

The press release does not provide information about the reason for the dividend reduction in Q4 2024.

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