Chesapeake Lodging Trust Announces 2011 Dividend Income Tax Treatment
ANNAPOLIS, Md.--(BUSINESS WIRE)--
Chesapeake Lodging Trust (CHSP) announced today the estimated income tax classification of the Trusts 2011 distributions on its common shares (CUSIP #165240102). The income tax classification of the 2011 distributions as it is expected to be reported on Form 1099-DIV is set forth in the following table1:
|Shareholders should note that the 2011 fourth quarter distribution, which had a record date of December 31, 2011 and was paid on January 13, 2012, will be reported on the 2012 Form 1099-DIV provided to shareholders in January 2013.|
This release is based on the preliminary results of work on the Trusts 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 Trusts dividends. 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 Trusts distributions.
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 and extended-stay hotels in urban settings or unique locations in the United States. The Trust owns 12 hotels with an aggregate of 3,516 rooms in six states and the District of Columbia. Additional information can be found on the Trusts website at www.chesapeakelodgingtrust.com.
Chesapeake Lodging Trust
Douglas W. Vicari, 410-972-4142
Source: Chesapeake Lodging TrustCopyright Business Wire 2012