DiamondRock Hospitality Company Announces Tax Treatment Of Its 2015 Dividends

News provided by

Jan 29, 2016, 08:30 ET

BETHESDA, Md., Jan. 29, 2016 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today the following tax treatment of its 2015 distributions to shareholders.


			2015 Taxable Dividends
Record Date	Payable Date	Total Cash Distribution per Share	Box 1a Ordinary Dividend per Share	Box 1b Qualified Dividend per Share

12/31/2014	1/12/2015	$0.102500	$0.102500	$0.032918
3/31/2015	4/10/2015	$0.125000	$0.125000	$0.040144
6/30/2015	7/14/2015	$0.125000	$0.125000	$0.040144
9/30/2015	10/13/2015	$0.125000	$0.125000	$0.040144
12/31/2015	1/12/2016	$0.043325	$0.043325	$0.013914

Totals		$0.520825	$0.520825	$0.167264

The table above reflects the treatment of the dividends for the 2015 tax year. A total of 34.6597% (or $0.043325 per share) of the distributions paid on January 12, 2016 to shareholders of record on December 31, 2015 are considered 2015 distributions for federal income tax purposes. The balance of the January 12, 2016 distribution (65.3403% or $0.081675 per share) will be considered a 2016 distribution and will be reported in a manner to be determined with respect to the 2016 tax year. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of DiamondRock 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 top gateway markets and destination resort locations. The Company owns 29 premium quality hotels with approximately 10,900 rooms. The Company has strategically positioned its hotels to generally be operated under leading global brands such as Hilton, Marriott, and Westin, as well as boutique brands in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.

SOURCE DiamondRock Hospitality Company