Equity Inns Announces 2006 Dividend Allocation
26 Gennaio 2007 - 11:13PM
Business Wire
Equity Inns, Inc. (NYSE:ENN), the third largest hotel real estate
investment trust (REIT), today announced that the characterization
of its 2006 dividends for income tax reporting purposes are as
follows: Common Stock ------------ 2006 Taxable 2006 Dividend Date
of Record Date of Ordinary Return of Per Share Declaration Date
Payment Dividends Capital --------- ----------- -------- --------
--------- --------- $0.19 3/6/06 3/31/06 5/1/06 $0.090151 $0.099849
$0.19 6/15/06 6/30/06 8/1/06 $0.090151 $0.099849 $0.23 9/15/06
9/29/06 11/1/06 $0.109131 $0.120869 $0.23 12/14/06 12/29/06 1/31/07
$0.109131 $0.120869 ----- --------- --------- Totals $0.84
$0.398564 $0.441436 ===== ========= ========= 47.4482% 52.5518%
========= ========= Preferred Stock - Series B
-------------------------- 2006 Taxable Dividend Date of Record
Date of Ordinary Per Share Declaration Date Payment Dividends
--------- ----------- -------- -------- --------- $0.546875 3/6/06
3/31/06 4/28/06 $0.546875 $0.546875 6/15/06 6/30/06 7/31/06
$0.546875 $0.546875 9/15/06 9/29/06 10/31/06 $0.546875 $0.546875
12/14/06 12/29/06 1/31/07 $0.546875 --------- --------- Totals
$2.187500 $2.187500 ========= ========= 100% ==== Preferred Stock -
Series C -------------------------- 2006 Taxable Dividend Date of
Record Date of Ordinary Per Share Declaration Date Payment
Dividends --------- ----------- -------- -------- ---------
$0.411111 3/6/06 3/31/06 4/28/06 $0.411111 $0.500000 6/15/06
6/30/06 7/31/06 $0.500000 $0.500000 9/15/06 9/29/06 10/31/06
$0.500000 $0.500000 12/14/06 12/29/06 1/31/07 $0.500000 ---------
--------- Totals $1.911111 $1.911111 ========= ========= 100% ====
Per a special provision in the Internal Revenue Code, the fourth
quarter dividend declared in December 2006 and paid in January 2007
is deemed to have been paid by Equity Inns and received by
shareholders on December 31, 2006. Therefore, this dividend will be
included on Form 1099-DIV for 2006. About Equity Inns Equity Inns,
Inc. is a self-advised REIT that focuses on the upscale extended
stay, all-suite and midscale limited-service segments of the hotel
industry. The Company, which ranks as the third largest hotel REIT
based on number of hotels, currently owns 129 hotels with 15,366
rooms located in 35 states. For more information about Equity Inns,
visit the Company�s Web site at www.equityinns.com.
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