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DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2022 DIVIDENDS

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BETHESDA, Md., Jan. 24, 2023 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced the following tax treatment of the 2022 distributions to holders of the Company's common and Series A preferred stock.









Security
Description

Ticker
Symbol

Record
Date

Payable
Date

Total
Distribution
per Share

Ordinary
Dividends

(Box 1a)

Qualified
Dividends
(Box 1b)

Section
199A
Dividends

(Box 5)









Common

DRH

9/30/2022

10/12/2022

$0.030000

$0.030000

$0.015152

$0.014848

Common

DRH

12/30/2022

1/12/2023

$0.060000

$0.060000

$0.030305

$0.029695









Series A Preferred

DRH Pr A

3/18/2022

3/31/2022

$0.515625

$0.515625

$0.260432

$0.255193

Series A Preferred

DRH Pr A

6/17/2022

6/30/2022

$0.515625

$0.515625

$0.260432

$0.255193

Series A Preferred

DRH Pr A

9/16/2022

9/30/2022

$0.515625

$0.515625

$0.260432

$0.255193

Series A Preferred

DRH Pr A

12/19/2022

12/30/2022

$0.515625

$0.515625

$0.260432

$0.255193

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's 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 leisure destinations and top gateway markets. The Company currently owns 35 premium quality hotels with over 9,600 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.

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SOURCE DiamondRock Hospitality Company

Diamondrock Hospitality Co.

NYSE:DRH

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Bethesda

About DRH

diamondrock, a lodging-focused maryland corp. operates as a real estate investment trust (reit), owns a portfolio of 26 premium hotels & resorts containing ~9,500 rooms, concentrated in key gateway cities and destination resorts throughout north america and the u.s.v.i. our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. we strive to differentiate ourselves from peers by executing on three strategic principles: - maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry. - employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance. - preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns. as an owner, as opposed to an operator, we receive all operating profits