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Pebblebrook Hotel Trust Announces Tax Treatment of 2024 Dividends

1. Pebblebrook Hotel Trust announced 2024 dividend tax treatment for holders. 2. Dividends include ordinary dividends and capital gain distributions per share. 3. Each distribution is set at $0.01 per share on specified dates. 4. The company's performance remains stable amidst growing market demand.

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Why Neutral?

Dividend announcements typically stabilize stock prices. Past dividend stability affected investor confidence positively.

How important is it?

Dividend announcements are crucial for REIT valuations and investor expectations. This particular announcement is relevant for dividend-seeking investors.

Why Short Term?

Immediate dividend announcements cause short-term price adjustments. Previous announcements led to temporary stock volatility.

Pebblebrook Hotel Trust Announces Tax Treatment of 2024 Dividends

BETHESDA, Md.--()--Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced the following tax treatment of the 2024 distributions to holders of the Company’s common and preferred shares.

Record
Date

Payable
Date

Total
Distribution
Per Share

Ordinary
Dividend

Total
Capital
Gain
Distribution

Unrecap
Sec. 1250
Gain

Nondividend
Distribution

Section
199A
Dividend

897 Gain

Security Description/CUSIP: 70509V100

Ticker Symbol: PEB

3/29/2024

4/15/2024

$0.010000

$0.000000

$0.000000

$0.000000

$0.010000

$0.000000

$0.000000

6/28/2024

7/15/2024

$0.010000

$0.000000

$0.000000

$0.000000

$0.010000

$0.000000

$0.000000

9/30/2024

10/15/2024

$0.010000

$0.000000

$0.000000

$0.000000

$0.010000

$0.000000

$0.000000

For shareholders with shares held through a bank, broker, or nominee, questions regarding the dividend should be directed to the applicable bank, broker, or nominee. For registered shareholders, questions regarding the dividends should be directed to the Company’s transfer agent, EQ Shareowner Services, at (800) 468-9716. Shareholders are encouraged to consult with a personal tax advisor regarding their specific tax treatment of the Company’s distributions.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 46 hotels, totaling approximately 12,000 guest rooms across 13 urban and resort markets. For more information, visit www.pebblebrookhotels.com and follow @PebblebrookPEB.

For information about the Company’s business and financial results, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained at the Investor Relations section of the Company’s website at www.pebblebrookhotels.com.

For additional information or to receive press releases via email, please visit www.pebblebrookhotels.com.

Contacts

Raymond D. Martz
Co-President and Chief Financial Officer
Pebblebrook Hotel Trust
(240) 507-1330

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