Ladder Capital Corp Announces Tax Treatment of 2022 Dividends
01/31/2023 - 04:15 PM
NEW YORK --(BUSINESS WIRE)--
Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) today announced the tax treatment of its 2022 Class A common stock dividend payments. For the tax year ended December 31, 2022 , the tax treatment of distributions paid in respect of Class A common stock is as follows:
Record
Date
Payable
Date
Distribution
per Share
Ordinary
Dividends
Qualified
Dividends
Capital
Gain
Unrecapt.
Return of
Sec. 199A
Form 1099
References:
(Boxes 1a +
Box 1a
Box 1b
Box 2a
Box 2b
Box 3
Box 5
12/31/2021
1/18/2022 (4)
$0.200
$0.034
$0.000
$0.166
$0.051
$0.000
$0.034
3/31/2022
4/15/2022
$0.200
$0.034
$0.000
$0.166
$0.051
$0.000
$0.034
6/30/2022
7/15/2022
$0.220
$0.038
$0.000
$0.182
$0.056
$0.000
$0.038
9/30/2022
10/17/2022
$0.230
$0.039
$0.000
$0.191
$0.059
$0.000
$0.039
12/31/2022
1/17/2023
$0.230
$0.039
$0.000
$0.191
$0.059
$0.000
$0.039
Total 2022 Dividends
$1.080
$0.184
$0.000
$0.896
$0.276
$0.000
$0.184
Notes:
(1) Amounts in 1b are included in 1a
(2) Amounts in 2b are included in 2a
(3) Amounts in 5 are included in 1a
(4) The $0.200 fourth quarter dividend paid on 1/18/2022 is considered a 2022 dividend for U.S. federal income tax purposes and is reflected in 2022 tax reporting.
About Ladder
Ladder Capital Corp is an internally-managed commercial real estate investment trust with $5.9 billion September 30, 2022 . Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns. As one of the nation’s leading commercial real estate capital providers, we specialize in underwriting commercial real estate and offering flexible capital solutions within a sophisticated platform.
Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Our investment activities include: (i) our primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment grade securities secured by first mortgage loans on commercial real estate.
Founded in 2008 and led by Brian Harris , the Company’s Chief Executive Officer, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. Members of Ladder’s management and board of directors are highly aligned with the Company’s investors, owning over 10% of the Company’s equity. Ladder is headquartered in New York City with regional offices in Miami, Florida and Santa Monica, California .
View source version on businesswire.com : https://www.businesswire.com/news/home/20230131005796/en/
Investor:
Ladder Capital Corp Investor Relations
investor.relations@laddercapital.com
Source: Ladder Capital Corp
LADR Rankings
#2753 Ranked by Stock Gains
LADR Stock Data
Industry
Lessors of Other Real Estate Property
Sector
Real Estate and Rental and Leasing
Tags
Finance, Real Estate Investment Trusts, Finance/Rental/Leasing, Real Estate and Rental and Leasing, Lessors of Other Real Estate Property
Country
US
City
New York
About LADR
ladder is a leading commercial real estate finance company that originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. ladder's investment activities include: (i) direct origination of commercial real estate first mortgage loans; (ii) investments in investment grade-rated securities secured by first mortgage loans on commercial real estate; and (iii) investments in net leased and other commercial real estate. founded in 2008, ladder capital is run by an experienced management team with expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets and asset management. led by brian harris, the company’s chief executive officer, ladder capital is headquartered in new york city and has branches in los angeles and boca raton.
