Sunstone Hotel declares $0.13 Q4 dividend, recurring dividend raised to $0.07

Sunstone Hotel Investors, Inc.

Q4 dividend $0.13/share ($0.07 recurring + $0.06 extra), payable Jan 16, record Dec 29.
Recurring quarterly dividend increased to $0.07 per share.
Annualized yield of 3.0% based on Dec 5 closing price.
Over $55M returned to common stockholders via share buybacks in 2023.
Boston Park Plaza sale proceeds to be reinvested via tax-deferred exchange; if not, tax attributes offset gain.

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