DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS

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Price: $11.92 +0.68%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 10%
Revenue Growth %: +2.6%

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BETHESDA, Md., Jan. 22, 2024 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the following tax treatment of the 2023 distributions to holders of the Company's common and Series A preferred stock.

Security Description	Ticker Symbol	Record Date	Payable Date	Total Distribution per Share	Ordinary Dividends (Box 1a)	Section 199A Dividends (Box 5)

Common	DRH	3/31/2023	4/12/2023	$0.030000	$0.030000	$0.030000
Common	DRH	6/30/2023	7/12/2023	$0.030000	$0.030000	$0.030000
Common	DRH	9/29/2023	10/12/2023	$0.030000	$0.030000	$0.030000
Common	DRH	12/29/2023	1/11/2024	$0.030000	$0.030000	$0.030000

Series A Preferred	DRH Pr A	3/17/2023	3/31/2023	$0.515625	$0.515625	$0.515625
Series A Preferred	DRH Pr A	6/20/2023	6/30/2023	$0.515625	$0.515625	$0.515625
Series A Preferred	DRH Pr A	9/18/2023	9/29/2023	$0.515625	$0.515625	$0.515625
Series A Preferred	DRH Pr A	12/19/2023	12/29/2023	$0.515625	$0.515625	$0.515625

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's distributions.

About the Company

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 36 premium quality hotels and resorts with over 9,700 rooms. The Company has strategically positioned its portfolio to be operated both under leading global brand families as well as independent boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.

View original content:https://www.prnewswire.com/news-releases/diamondrock-hospitality-company-announces-tax-treatment-of-2023-dividends-302040834.html

SOURCE DiamondRock Hospitality Company

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