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Ryman Hospitality Properties, Inc. Announces 2022 Tax Classification of Shareholder Dividend Distributions

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NASHVILLE, Tenn., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (the “Company”) today announced the 2022 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
Distribution
Total Taxable
in 2022
Ordinary Non-
Qualifying
Dividend
Long-term
Capital Gain
(20%)
Nondividend
Dist (Return of
Capital)
Eligible Sec.
199A Dividend
        
9/30/202210/17/2022$0.10$0.100000$0.080977$0.019023$-$0.080977
12/30/20221/17/2023$0.25$0.250000$0.202441$0.047559$-$0.202441
        
Total $0.35$0.350000$0.283418$0.066582$-$0.283418

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 country music entertainment experiences. The Company’s core holdings, 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, are five of the top ten largest non-gaming convention center hotels in the United States based on total indoor meeting space. These convention center resorts operating under the Gaylord Hotels brand, along with two adjacent ancillary hotels, are managed by Marriott International and represent a combined total of 10,412 rooms and more than 2.8 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company 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, Circle, a country lifestyle media network the Company owns in a joint venture with Gray Television, Nashville-area attractions managed by Marriott, and Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at Moody Theater, located in downtown Austin, Texas. The Company operates OEG as part of a taxable REIT subsidiary. Visit RymanHP.com for more information.

Investor Relations Contacts:Media Contacts:
Mark Fioravanti, President and Chief Executive OfficerShannon Sullivan, Vice President Corporate and Brand Communications
Ryman Hospitality Properties, Inc.Ryman Hospitality Properties, Inc.
(615) 316-6588(615) 316-6725
mfioravanti@rymanhp.comssullivan@rymanhp.com
~or~~or~
Jennifer Hutcheson, Executive Vice President and Chief Financial OfficerRobert Winters
Ryman Hospitality Properties, Inc.Alpha IR Group
(615) 316-6320(929) 266-6315
jhutcheson@rymanhp.comrobert.winters@alpha-ir.com
~or~ 
Todd Siefert, Senior Vice President Corporate Finance and Treasurer 
Ryman Hospitality Properties, Inc. 
615-316-6344 
tsiefert@rymanhp.com 

 


Ryman Hospitality Properties, Inc

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Hotels (except Casino Hotels) and Motels
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About RHP

in october of 2012, gaylord entertainment company sold the gaylord hotels brand and the rights to manage its four resort and convention center hotels to marriott international. marriott international also manages the inn at opryland, general jackson show boat, gaylord springs golf links and wildhorse saloon. after completing the sale, gaylord entertainment merged with and into its wholly-owned subsidiary, ryman hospitality properties, inc., a real estate investment trust that trades on the nyse under the ticker symbol rhp. ryman hospitality properties continues to own these assets and also owns and operates the grand ole opry, ryman auditorium and wsm-am. visit rymanhp.com/careers for employment opportunities with ryman hp, grand ole opry, wsm and ryman auditorium. for the latest career opportunities at gaylord hotels nationwide, visit the marriott international and gaylord hotels linkedin pages.