Orion Office REIT Inc. Announces Tax Treatment of 2022 Dividends
01/25/2023 - 04:30 PM
PHOENIX --(BUSINESS WIRE)--
Orion Office REIT Inc. (NYSE: ONL) (“Orion”), a real estate investment trust focused on single-tenant net lease mission-critical suburban office properties located across the U.S. , announced today the income tax classification of its 2022 dividends for the Company’s common stock (NYSE: ONL) (“Common Stock”). The table below summarizes the income tax classification of the dividends paid and the corresponding box number on the 2022 Form 1099-DIV. Stockholders are encouraged to consult with their tax advisors as to their specific treatment of ONL dividends.
ONL Common Stock | CUSIP: 68629Y103
Record Date
Date Paid
Distribution per
Share
Ordinary Dividends
(Box 1a)
Capital Gain
Distribution (Box 2a)
Nondividend
Distributions (Box 3)
March 31, 2022
April 15, 2022
$0.10
$0.00
$0.00
$0.10
June 30, 2022
July 15, 2022
$0.10
$0.00
$0.00
$0.10
September 30, 2022
October 17, 2022
$0.10
$0.00
$0.00
$0.10
Stockholders should be aware that the 2022 dividend allocation does not include the Common Stock dividend declared in November 2022 and paid in January 2023 . This dividend will be taxable in 2023.
About Orion Office REIT Inc.
Orion Office REIT Inc. is an internally-managed real estate investment trust engaged in the ownership, acquisition and management of a diversified portfolio of mission-critical and headquarters office buildings located in high-quality suburban markets across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy tenants. The company was founded on July 1, 2021 , spun-off from Realty Income (NYSE: O) on November 12, 2021 and began trading on the New York Stock Exchange on November 15, 2021 . The company is headquartered in Phoenix, Arizona and has an office in New York, New York . For additional information on the company and its properties, please visit onlreit.com .
View source version on businesswire.com : https://www.businesswire.com/news/home/20230125005798/en/
Investor Relations:
Email: investors@onlreit.com
Phone: 602-675-0338
Source: Orion Office REIT Inc.
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#4686 Ranked by Stock Gains
ONL Stock Data
Industry
Lessors of Residential Buildings and Dwellings
Sector
Real Estate and Rental and Leasing
About ONL
a reit with a focused approach orion office reit specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the u.s. the portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. the company’s team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions.