Stirling Hotels & Resorts Inc.

08/30/2024 | Press release | Distributed by Public on 08/30/2024 08:33

Material Event Form 8 K

ITEM 8.01 OTHER EVENTS.
August 2024 Distributions
On August 28, 2024, Stirling Hotels & Resorts, Inc. (the "Company") declared distributions for each class of its common stock (as well as corresponding OP units) in the amounts per share set forth below:
Gross Distributions
Distribution Fee
Net Distributions
As of August 30, 2024
Class D Shares
$ 0.1042 $ 0.0054 $ 0.0988
Class I Shares
$ 0.1042 $ - $ 0.1042
Class S Shares
$ 0.1042 $ 0.0183 $ 0.0859
Class T Shares
$ 0.1042 $ 0.0183 $ 0.0859
Class E Shares
$ 0.1042 $ - $ 0.1042
The net distributions for each class of common stock (which represents the gross distributions less distribution fees for the applicable class of common stock) are payable to stockholders of record immediately following the close of business on August 30, 2024 and will be paid on or about September 15, 2024. These distributions will be paid in cash or reinvested in shares of the Company's common stock for stockholders participating in the Company's distribution reinvestment plan.