Essex Reports Characteristics of 2020 Dividends
01/15/2021 - 04:15 PM
Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2020 distributions to shareholders. The 2020 distribution characteristics are as follows:
Common Stock – CUSIP Number 297178105:
Unrecaptured
Record
Payment
Cash
Ordinary
Return of
Capital
Section 1250
Section 199A
Date
Date
Per Share
Dividend
Capital
(20% rate)
(25% rate)
Dividend
1/2/2020
1/15/2020
$1.95000
$1.66203
$0.00000
$0.20826
$0.07971
$1.66203
3/31/2020
4/15/2020
$2.07750
$1.77070
$0.00000
$0.22188
$0.08492
$1.77070
6/30/2020
7/15/2020
$2.07750
$1.77070
$0.00000
$0.22188
$0.08492
$1.77070
9/30/2020
10/15/2020
$2.07750
$1.77070
$0.00000
$0.22188
$0.08492
$1.77070
Totals:
$8.18250
$6.97413
$0.00000
$0.87390
$0.33447
Percentages:
100%
85.232%
0.0000%
10.680%
4.088%
For purposes of calculating alternative minimum taxable income under Sec. 55 of the Internal Revenue Code of 1986, the Company apportions $0.13 per common share attributable to depreciation assuming a full year of ownership.
The Company did not incur any foreign taxes during 2020.
Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.
About Essex Property Trust, Inc.
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development. Additional information about the Company can be found on the Company’s website at www.essex.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20210115005501/en/
Essex Property Trust, Inc.
ESS Rankings
#2461 Ranked by Stock Gains
ESS Stock Data
Industry
Other Financial Vehicles
Sector
Finance and Insurance
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
Country
US
City
San Mateo
About ESS
essex property trust, inc., is a fully integrated real estate investment trust (reit) that acquires, develops, redevelops, and manages multifamily residential properties in selected west coast communities. since its founding in 1971, essex has developed a clearly defined approach for creating value and managing risk. the company's approach has three components - a sound real estate strategy, an experienced management team, and a strong financial condition. these three factors have contributed to the company's historical results and future growth potential.
