Chesapeake Lodging Trust Announces 2014 Dividend Income Tax Treatment
January 23 2015 - 8:41AM
Business Wire
Chesapeake Lodging Trust (NYSE:CHSP) announced today the
estimated income tax classification of the Trust’s 2014
distributions on its common shares (CUSIP #165240102) and preferred
shares (CUSIP #165240201). The income tax classification of the
2014 distributions as it is expected to be reported on Form
1099-DIV is set forth in the following tables:
COMMON SHARES(1):
Declaration
Date
Record
Date
Payment
Date
Total Cash
Distribution
Per Share
Ordinary
Taxable
Dividend
Return of
Capital
12/16/2013 12/31/2013 01/15/2014 $0.260000 $0.254296
$0.005704 02/20/2014 03/31/2014 04/15/2014 0.300000 0.293419
0.006581 05/16/2014 06/30/2014 07/15/2014 0.300000 0.293419
0.006581 09/16/2014 09/30/2014 10/15/2014
0.300000
0.293419 0.006581 Totals
$1.160000 $1.134553
$0.025447
_______________
(1) Common shareholders should note that the fourth quarter
2014 distribution, which had a record date of December 31, 2014 and
was paid on January 15, 2015, will be reported on the 2015 Form
1099-DIV to be provided to shareholders in January 2016.
PREFERRED SHARES:
Declaration
Date
Record
Date
Payment
Date
Total Cash
Distribution
Per Share
Ordinary
Taxable
Dividend
Return of
Capital
02/20/2014 03/31/2014
04/15/2014 $0.484375 $0.484375 0.000000 05/16/2014 06/30/2014
07/15/2014 0.484375 0.484375 0.000000 09/16/2014 09/30/2014
10/15/2014 0.484375 0.484375 0.000000 12/12/2014 12/31/2014
01/15/2015
0.484375 0.484375
0.000000 Totals
$1.937500
$1.937500 $0.000000
This release is based on the preliminary results of work on the
Trust’s tax filings and is subject to correction or adjustment when
the filings are completed. The Trust is releasing information at
this time to aid those required to distribute Forms 1099 on the
Trust’s distributions. No material change in these classifications
is expected. Shareholders are encouraged to consult with their own
tax advisors as to the specific tax treatment to them of the
Trust’s distributions.
ABOUT CHESAPEAKE LODGING TRUST
Chesapeake Lodging Trust is a self-advised lodging real estate
investment trust (REIT) focused on investments primarily in
upper-upscale hotels in major business and convention markets and,
on a selective basis, premium select-service hotels in urban
settings or unique locations in the United States. The Trust owns
20 hotels with an aggregate of 6,116 rooms in eight states and the
District of Columbia. Additional information can be found on the
Trust’s website at www.chesapeakelodgingtrust.com.
Chesapeake Lodging TrustDouglas W. Vicari,
410-972-4142
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