W. P. Carey Announces Tax Treatment of 2021 Dividends

Rhea-AI Summary

W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of its 2021 dividends via Form 1099-DIV. Shareholders are advised to consult tax advisors for their specific cases. Key details include:

• Record dates: 12/31/20, 3/31/21, 6/30/21, 9/30/21
• Payment dates: 1/15/21, 4/15/21, 7/15/21, 10/15/21
• Distribution per share: between $1.0460 and $1.0520

W. P. Carey, a leading net lease REIT, reported an enterprise value of approximately $20 billion and manages a diversified portfolio of 1,264 net lease properties across 152 million square feet.

Positive

• W. P. Carey reported an enterprise value of approximately $20 billion.
• The company has a diversified portfolio of 1,264 net lease properties.

Negative

• None.

NEW YORK, Jan. 31, 2022 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2021. 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 2f	Box 5
Record  Date	Payment Date	Distribution Per Share	Ordinary Dividends	Capital Gain Distributions	Nondividend Distributions	Qualified Dividends(1)	Unrecaptured Section 1250 Gain(2)	Section 897 Capital Gain(3)	Section 199A Dividends(4)	Section 1061 One-Year Amounts Disclosure(5)	Section 1061 Three-Year Amounts Disclosure(5)
12/31/20	1/15/21	$1.0460	$0.8301224	$0.0810954	$0.1347821	$0.0002643	$0.0593625	$0.0248808	$0.8298582	$0.0015509	$0.0015509
3/31/21	4/15/21	$1.0480	$0.8317097	$0.0812505	$0.1350399	$0.0002648	$0.0594760	$0.0249284	$0.8314449	$0.0015538	$0.0015538
6/30/21	7/15/21	$1.0500	$0.8332969	$0.0814055	$0.1352976	$0.0002653	$0.0595895	$0.0249759	$0.8330316	$0.0015568	$0.0015568
9/30/21	10/15/21	$1.0520	$0.8348841	$0.0815606	$0.1355553	$0.0002658	$0.0597030	$0.0250235	$0.8346183	$0.0015598	$0.0015598

 

(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 897 Capital Gain is a subset of, and included in, the Taxable Capital Gain Distributions amount.
(4)	Section 199A Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount.
(5)	For the purposes of Section 1061 of the Internal Revenue Code, the "one-year amounts disclosure" and "three-year amounts disclosure" related to the capital gain distributions reported in box 2a are generally applicable to direct and indirect holders of "applicable partnership interests".

                                                                                                                                                           

W. P. Carey Inc.

W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately $20 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,264 net lease properties covering approximately 152 million square feet as of September 30, 2021. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry. 

www.wpcarey.com 

Institutional Investors:
Peter Sands
1 (212) 492-1110
institutionalir@wpcarey.com

Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
ir@wpcarey.com

Press Contact:
Anna McGrath
1 (212) 492-1166
amcgrath@wpcarey.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/w-p-carey-announces-tax-treatment-of-2021-dividends-301470964.html

SOURCE W. P. Carey Inc.

FAQ

What is the dividend amount paid by WPC in 2021?

W. P. Carey paid dividends ranging from $1.0460 to $1.0520 per share in 2021.

When are the payment dates for WPC dividends?

The payment dates for WPC dividends in 2021 were 1/15/21, 4/15/21, 7/15/21, and 10/15/21.

What should shareholders know about the tax treatment of WPC dividends?

Shareholders should consult their tax advisors regarding the specific tax treatment of W. P. Carey dividends as reported on Form 1099-DIV.

How does WPC's dividend distribution affect shareholders?

The dividend distribution provides income for shareholders and reflects the company's financial health.