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Essex Reports Characteristics of 2022 Dividends

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SAN MATEO, Calif.--(BUSINESS WIRE)-- Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2022 distributions to shareholders. The 2022 distribution characteristics are as follows:

Common Stock – CUSIP Number 297178105:

Record

Payment

Cash
Distribution

Ordinary
Taxable

Qualified

Return
of

Capital
Gain

Unrecaptured
Section 1250
Capital Gain

 

Section
199A

Section
897

Date

Date

Per Share

Dividend

Dividend

Capital

(20% rate)

(25% rate)

Dividend

Gain

1/3/2022

1/14/2022

$

2.09000

 

$

1.67553

 

$

0.06818

$

0.00000

 

$

0.35073

 

$

0.06374

 

$

1.60735

$

0.41447

3/31/2022

4/14/2022

$

2.20000

 

$

1.76371

 

$

0.07176

$

0.00000

 

$

0.36919

 

$

0.06710

 

$

1.69195

$

0.43629

6/30/2022

7/15/2022

$

2.20000

 

$

1.76371

 

$

0.07176

$

0.00000

 

$

0.36919

 

$

0.06710

 

$

1.69195

$

0.43629

9/30/2022

10/14/2022

$

2.20000

 

$

1.76371

 

$

0.07176

$

0.00000

 

$

0.36919

 

$

0.06710

 

$

1.69195

$

0.43629

Totals:

$

8.69000

 

$

6.96666

 

$

0.28346

$

0.00000

 

$

1.45830

 

$

0.26504

 

$

6.68320

$

1.72334

Percentages:

 

100

%

 

80.169

%

 

 

0.000

%

 

16.781

%

 

3.050

%

 

 

The Company did not incur any foreign taxes during 2022.

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 253 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com.

Rylan Burns

Group VP of Private Equity & Finance

(650) 655-7800

Source: Essex Property Trust, Inc.

Essex Property Trust, Inc

NYSE:ESS

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United States of America
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.