secwatch.observer — SEC 8-K summary
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Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001558370-23-019516
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000155837023019516/0001558370-23-019516-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000155837023019516/sho-20231206x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-019516

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