Piedmont Office Realty Trust Announces Tax Treatment of 2020 Dividends
01/20/2021 - 05:54 PM
Atlanta, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2020 common stock dividends as described below. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Piedmont dividends.
Record Date Paid Date Dividend per Share Ordinary Dividends Capital Gains Unrecaptured Section 1250 Qualified Dividend Section 199A Dividend Rate Nov 29, 2019 Jan 3, 2020 $0.21 *N/A N/A N/A N/A N/A Feb 28, 2020 Mar 20, 2020 $0.21 $0.02 1- - $0.00 0015$0.20 9985May 29, 2020 Jun 19, 2020 $0.21 $0.20 0023- - $0.00 0015$0.20 0008Aug 28, 2020 Sep 18, 2020 $0.21 $0.16 9042- - $0.00 0015$0.16 9027Nov 27, 2020 Jan 4, 2021 $0.21 **N/A N/A N/A N/A N/A
*The $0.21 per share distribution paid on January 3, 2020 was taxable to stockholders in 2019. ** The $0.21 per share distribution paid on January 4, 2021 will be taxable to stockholders in 2021.
About Piedmont Office Realty Trust
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody’s (Baa2). As of December 31, 2020, approximately 64% of the company’s portfolio was ENERGY STAR certified and approximately 43% was LEED certified. For more information, see www.piedmontreit.com.
Shareholder Services/Transfer Agent Services Contact:investor.services@piedmontreit.com
Piedmont Office Realty Trust Inc
PDM Rankings
#4701 Ranked by Stock Gains
PDM Stock Data
Industry
Lessors of Nonresidential Buildings (except Miniwarehouses)
Sector
Real Estate and Rental and Leasing
Tags
Finance, Real Estate Investment Trusts, Real Estate and Rental and Leasing, Lessors of Nonresidential Buildings (except Miniwarehouses)
About PDM
piedmont office realty trust, inc. (nyse: pdm) is a fully integrated and self-managed real estate investment trust (reit) specializing in the ownership and management of high-quality class a office buildings located primarily in the ten largest u.s. office markets, including chicago, washington, d. c., new york, dallas, los angeles, and boston. piedmont's wholly-owned office buildings comprise approximately 21 million rentable square feet. the company is headquartered in atlanta, ga, with local management offices in each of its major markets. investment-grade rated by standard & poor's (bbb) and moody's (baa2), piedmont has maintained a low-leverage strategy while transacting almost $6 billion and approximately $1.5 billion in property acquisitions and dispositions, respectively, during its fifteen year operating history.
