W. P. Carey Announces Tax Treatment of 2020 Dividends
W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of its 2020 dividends on Form 1099-DIV.
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Rhea-AI Summary
W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of its 2020 dividends on Form 1099-DIV. Shareholders are advised to consult their tax advisors regarding the specifics of their tax implications. The report details various categories of dividends along with their amounts and related tax classifications for the year ended December 31, 2020. Notably, the ordinary dividend distribution per share was reported at $1.0380, with a payment date of January 15, 2020. W. P. Carey is recognized as a major player in net lease REITs with a portfolio of significant commercial properties.
Positive
- Ordinary dividend distribution of $1.0380 per share paid on January 15, 2020.
- Strong portfolio management with diversified property types and geographic locations.
Negative
- None.
Details
News Market Reaction – WPC
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NEW YORK, Jan. 28, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2020. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of W. P. Carey dividends.
CUSIP 92936U109 | ||||||||
FORM 1099-DIV | Box 1a | Box 2a | Box 3 | Box 1b | Box 2b | Box 5 | ||
Record Date | Payment | Distribution | Ordinary | Capital Gain | Nondividend | Qualified | Unrecaptured | Section |
12/31/19 | 1/15/20 | |||||||
3/31/20 | 4/15/20 | |||||||
6/30/20 | 7/15/20 | |||||||
9/30/20 | 10/15/20 | |||||||
(1) | Qualified Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount. |
(2) | Unrecaptured Section 1250 Gain is a subset of, and included in, the Taxable Capital Gain Distributions amount. |
(3) | Section 199A Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount. |
W. P. Carey Inc.
W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately
www.wpcarey.com
Institutional Investors:
Peter Sands
W. P. Carey Inc.
212-492-1110
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
212-492-8920
ir@wpcarey.com
Media Contact:
Guy Lawrence
Ross & Lawrence
212-308-3333
gblawrence@rosslawpr.com
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SOURCE W. P. Carey Inc.
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