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Ryman Hospitality Properties, Inc. Announces 2024 Tax Classification of Shareholder Dividend Distributions

1. RHP announced 2024 tax classification for dividend distributions. 2. Total dividend distribution for 2024 is $4.45 per share. 3. A portion of dividends will be classified as long-term capital gains. 4. Shareholders should consult advisors for specific tax treatment. 5. RHP specializes in upscale convention centers and entertainment experiences.

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FAQ

Why Neutral?

The dividend classification is standard practice; no major impact on stock price. Similar classifications have historically resulted in stable stock performance.

How important is it?

Understanding tax implications is important for investors; significant dividends may attract attention. However, overall market conditions will have a larger effect.

Why Short Term?

Tax treatment may affect immediate investor sentiment but not long-term outlook. Examples include minimal price changes post-announcement of tax classifications.

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RHP
January 23, 2025 16:15 ET  | Source: Ryman Hospitality Properties, Inc. NASHVILLE, Tenn., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced the 2024 tax classification of the dividend distributions made to the Company’s shareholders. The income tax classification as expected to be reported on Form 1099-DIV is as follows: Record DatePayment DateTotal DistributionTotal Taxable in 2024Ordinary Non-Qualifying DividendLong-term Capital Gain (20%)Nondividend Dist (Return of Capital)Eligible Sec. 199A DividendTaxable in 2025         3/29/20244/15/2024$1.10$1.100000$1.083063$0.016937$-$1.083063$-6/28/20247/15/2024$1.10$1.100000$1.083063$0.016937$-$1.083063$-9/30/202410/15/2024$1.10$1.100000$1.083063$0.016937$-$1.083063$-12/31/20241/15/2025$1.15$1.051352$1.035163$0.016188$-$1.035163$0.098648         Total $4.45$4.351352$4.284351$0.067001$-$4.284351$0.098648                 The information presented above is based on preliminary results and is subject to correction or adjustment when the Company’s filings are completed. The tax information provided should not be construed as tax advice. Shareholders are encouraged to consult with their tax advisors regarding their specific tax treatment. About Ryman Hospitality Properties, Inc.Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Company’s holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space. The Company also owns the JW Marriott San Antonio Hill Country Resort & Spa as well as two ancillary hotels adjacent to our Gaylord Hotels properties. The Company’s hotel portfolio is managed by Marriott International and includes a combined total of 11,414 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns a 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Category 10, Nashville-area attractions, and Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. RHP operates OEG as its Entertainment segment in a taxable REIT subsidiary, and its results are consolidated in the Company’s financial results.   Investor Relations Contacts:Media Contacts:Mark Fioravanti, President and Chief Executive OfficerShannon Sullivan, Vice President Corporate and Brand CommunicationsRyman Hospitality Properties, Inc.Ryman Hospitality Properties, Inc.(615) 316-6588(615) 316-6725mfioravanti@rymanhp.comssullivan@rymanhp.com~or~ Jennifer Hutcheson, Chief Financial Officer Ryman Hospitality Properties, Inc. (615) 316-6320 jhutcheson@rymanhp.com ~or~ Sarah Martin, Vice President Investor Relations Ryman Hospitality Properties, Inc. (615) 316-6011 sarah.martin@rymanhp.com 

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