Veris Residential Announces Tax Treatment of 2025 Distributions
Rhea-AI Summary
Veris Residential (NYSE: VRE) announced the tax treatment of its 2025 distributions totaling $0.32 per share. The company paid four quarterly cash distributions of $0.08 per share with record dates 12/31/2024, 3/31/2025, 6/30/2025 and 9/30/2025 and corresponding payment dates 1/10/2025, 4/10/2025, 7/10/2025 and 10/10/2025.
For tax purposes, the total distributions are reported as b$0.320000 capital gainunrecaptured Section 1250 gain of $0.171268 per share. Ordinary dividends, Section 199A dividends and return of capital were reported as $0.00 per share. Shareholders are encouraged to consult tax advisors for specific treatment.
Positive
- Total distributions of $0.32 per share for 2025
- Paid as four quarterly cash distributions of $0.08 per share
- All taxable distributions reported as $0.320000 per share of capital gain
- Unrecaptured Section 1250 gain reported at $0.171268 per share
Negative
- Ordinary dividends reported as $0.00 per share for 2025
- Section 199A dividends reported as $0.00 per share for 2025
- No return of capital reported ($0.00 per share)
News Market Reaction – VRE
On the day this news was published, VRE gained 0.74%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
VRE gained 0.88% while peers were mixed: NXRT up 0.43%, ELME down 2.95%, CSR down 1.84%, and others flat, pointing to stock-specific trading rather than a broad residential REIT move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Asset sale | Positive | +2.1% | Sale of Harborside 8/9 land parcel to fund debt reduction and FFO accretion. |
| Nov 05 | Dividend declaration | Positive | +1.5% | Announcement of Q4 2025 cash dividend of $0.08 per common share. |
| Oct 22 | Earnings results | Positive | +0.5% | Q3 2025 results with asset sales, debt reduction, and higher Core FFO guidance. |
| Oct 06 | Earnings scheduling | Neutral | -1.9% | Announcement of dates and access details for Q3 2025 results and webcast. |
| Sep 22 | Sustainability update | Positive | +0.4% | Release of 2024 Sustainability Report with high GRESB scores and green progress. |
Recent positive corporate milestones and dividends have typically been followed by modest positive price reactions, with only one neutral scheduling update seeing a small decline.
Over the past several months, Veris Residential reported multiple balance sheet and operational improvements. It executed non-strategic asset sales, including a Harborside land parcel for $75 million, to reduce leverage and support Core FFO. Q3 2025 results showed higher revenue and raised full-year Core FFO guidance, while sustainability achievements and a steady $0.08 quarterly dividend underlined strategic focus. Today’s tax treatment disclosure for 2025 distributions fits into this pattern of providing detailed information around shareholder payouts.
Market Pulse Summary
This announcement details the tax treatment of Veris Residential’s $0.32 per-share 2025 common distributions, breaking them into capital gain and unrecaptured Section 1250 components with no ordinary or Section 199A dividends. It follows a period of asset sales, deleveraging, and steady $0.08 quarterly dividends highlighted in recent filings. Investors may focus on how this classification fits their individual tax situations while continuing to monitor future dividend decisions and balance sheet progress.
Key Terms
cusip financial
real estate investment trust (reit) financial
section 1250 gain regulatory
section 199a dividends regulatory
return of capital financial
AI-generated analysis. Not financial advice.
RECORD | PAYMENT | CASH DISTRIBUTIONS | TAXABLE | TOTAL | UNRECAPTURED | SECTION | RETURN OF CAPITAL |
DATE | DATE | PER SHARE | ORDINARY DIVIDENDS | CAPITAL GAIN | SECTION 1250 GAIN | 199A DIVIDENDS | DISTRIBUTIONS |
12/31/2024 | 1/10/2025 | ||||||
3/31/2025 | 4/10/2025 | ||||||
6/30/2025 | 7/10/2025 | ||||||
9/30/2025 | 10/10/2025 | ||||||
TOTALS |
Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of Veris Residential, Inc. distributions.
About Veris Residential, Inc.
Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.
For additional information on Veris Residential, Inc. and our properties available for lease, please visit https://www.verisresidential.com/.
Investors
Mackenzie Rice
Director, Investor Relations
investors@verisresidential.com
Media
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
212-257-4170
veris-residential@gasthalter.com
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SOURCE Veris Residential, Inc.