Getty Realty Corp. Announces 2024 Dividend Tax Treatment
Rhea-AI Summary
Getty Realty Corp. (NYSE: GTY) has disclosed the tax treatment of its 2024 dividend distributions for common stock shareholders. The company distributed a total of $1.80 per share throughout 2024, paid in four quarterly installments of $0.45 each. The tax breakdown shows that $1.228048 per share qualifies as Ordinary Income (Box 1a), while $0.571952 per share represents Non-Dividend Distributions (Box 3). No capital gains were reported for the year.
Getty Realty Corp. operates as a net lease REIT, focusing on convenience, automotive, and single-tenant retail real estate. As of December 31, 2024, the company's portfolio comprised 1,118 freestanding properties across 42 states and Washington, D.C.
Positive
- Consistent quarterly dividend payments of $0.45 per share throughout 2024
- Large portfolio of 1,118 properties across 42 states showing strong market presence
Negative
- None.
NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today the allocations of the Company’s 2024 dividend distributions on its common stock (CUSIP #374297109). The allocations as they will be reported on Form 1099-DIV are as follows:
| Ordinary Income | Capital Gains | |||||||||||||||||||||
| Record Date | Payable Date | Total 2024 Distributions Per Share (1a + 2a + 3) | Total (Box 1a) | Total (Box 2a) | Unrecaptured Sec 1250 (Box 2b) | Non Dividend Distributions (Box 3) | ||||||||||||||||
| 12/28/2023 | 1/11/2024 | $ | 0.450000 | $ | 0.307012 | $ | - | $ | - | $ | 0.142988 | |||||||||||
| 3/28/2024 | 4/11/2024 | $ | 0.450000 | $ | 0.307012 | $ | - | $ | - | $ | 0.142988 | |||||||||||
| 6/27/2024 | 7/11/2024 | $ | 0.450000 | $ | 0.307012 | $ | - | $ | - | $ | 0.142988 | |||||||||||
| 9/26/2024 | 10/10/2024 | $ | 0.450000 | $ | 0.307012 | $ | - | $ | - | $ | 0.142988 | |||||||||||
| Totals | $ | 1.800000 | $ | 1.228048 | $ | - | $ | - | $ | 0.571952 | ||||||||||||
Tax Disclaimer
The information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis. You should consult your own tax advisor regarding the specific federal, state, local, foreign and other tax consequences to you regarding your ownership of shares of the Company's common stock.
About Getty Realty Corp.
Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of December 31, 2024, the Company’s portfolio included 1,118 freestanding properties located in 42 states across the United States and Washington, D.C.
| Contact: | Investor Relations (646) 349-0598 ir@gettyrealty.com |
FAQ
What is the total dividend distribution per share for Getty Realty (GTY) in 2024?
How much of GTY's 2024 dividend qualifies as ordinary income?
What portion of GTY's 2024 dividend is classified as non-dividend distributions?
What were the dividend payment dates for Getty Realty (GTY) in 2024?
How many properties did Getty Realty (GTY) own as of December 31, 2024?
