PIEDMONT OFFICE REALTY TRUST ANNOUNCES TAX TREATMENT OF 2022 DIVIDENDS
Piedmont Office Realty Trust (NYSE: PDM) announced the tax treatment of its 2022 common stock dividends.
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Rhea-AI Summary
Piedmont Office Realty Trust (NYSE: PDM) announced the tax treatment of its 2022 common stock dividends. Stockholders should consult tax advisors for specifics regarding their tax obligations. The report details dividends of $0.21 per share paid on January 3, 2023, with all distributions taxable in 2023. Piedmont boasts a $5 billion portfolio of approximately 17 million square feet of Class A office properties, primarily in the Sunbelt, and is rated investment-grade by S&P Global Ratings and Moody's. For more information about Piedmont and its performance, visit piedmontreit.com.
Positive
- Dividends of $0.21 per share announced for January 3, 2023, providing income for shareholders.
- Investment-grade ratings from S&P and Moody's indicate financial stability and confidence.
Negative
- None.
Details
News Market Reaction – PDM
The recorded move for PDM in the trading session of this news was -0.81%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Atlanta, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2022 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 26, 2021 | Jan 4, 2022 | $ | 0.21 | $ | 0.173988 | $ | 0.028055 | - | $ | 0.000011 | $ | 0.173977 |
| Feb 25, 2022 | Mar 18, 2022 | $ | 0.21 | $ | 0. 173988 | $ | 0.028055 | - | $ | 0.000011 | $ | 0. 173977 |
| May 27, 2022 | Jun 17, 2022 | $ | 0.21 | $ | 0. 173988 | $ | 0.028055 | - | $ | 0.000011 | $ | 0. 173977 |
| Aug 26, 2022 | Sep 16, 2022 | $ | 0.21 | $ | 0. 173988 | $ | 0.028055 | - | $ | 0.000011 | $ | 0. 173977 |
| Nov 25, 2022 | Jan 3, 2023 | N/A | N/A | N/A | N/A | N/A | ||||||
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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 the Sunbelt. Its approximately
Shareholder Services/Transfer Agent Services Contact:
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866-354-3485
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