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Dividends Declared and Paid

6 Months Ended

Jun. 30, 2023

Common Dividends

The Company suspended common share dividends beginning after the payment of the March 27, 2020 dividend due to a decline in operating performance caused by the COVID-19 pandemic. The Company reinstated common share dividends during the fourth quarter of 2022. The Company declared total common share dividends of $0.07 per share and distributions on LTIP units of $0.07 per unit for the three months ended June 30, 2023, and $0.14 per share and unit for the six months ended June 30, 2023.



	Record Date	Payment Date	Common share distribution amount		LTIP unit distribution amount


March	3/31/2023	4/17/2023	$	0.07	$	0.07





June	6/30/2023	7/17/2023	0.07		0.07







Total 2023			$	0.14	$	0.14

Preferred Dividends

During the three and six months ended June 30, 2023, the Company declared dividends of $0.41406 and $0.82812, respectively, per share of 6.625% Series A Cumulative Redeemable Preferred Shares. The preferred share dividends paid were as follows:

Record Date

Payment Date

Dividend per Preferred Share

March

3/31/2023

4/17/2023

0.41406

June

6/30/2023

7/17/2023

0.41406

Total 2023

0.82812