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Brandywine Realty Trust Announces Tax Characteristics of Its 2022 Distributions

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Brandywine Realty Trust (NYSE: BDN) has issued its 2022 distribution tax characteristics, with reporting on Form 1099-DIV. Investors should consult tax advisors regarding dividend treatment. The data includes:

  • Common Shares CUSIP 105368203
  • Gross Distribution Per Share: $0.760 (100% of annual total)
  • Taxable Ordinary Dividend: $0.47214 (62.1% of total)
  • Total Capital Gain Distribution: $0.28786 (37.9% of total)

Additionally, Brandywine Realty Trust is a major real estate investment trust focusing on urban properties, managing 164 assets across key U.S. markets.

Positive
  • Gross Distribution Per Share of $0.760, reflecting a total distribution of 100% for the year.
  • Taxable Ordinary Dividend is $0.47214, accounting for 62.1% of the total distributions.
Negative
  • No qualified dividend income reported.

PHILADELPHIA, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) announced today the tax characteristics of its 2022 distributions. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of dividends. The characteristics of the Company’s distributions are as follows:

Common Shares of Beneficial Interest (CUSIP 105368203)

2022 Dividend DatesRecord 1/5
Payment 1/19
Record 4/6
Payment 4/20
Record 7/6
Payment 7/20
Record 10/6
Payment 10/20
Totals% of
Annual
Total
Gross Distribution Per Share$0.190000$0.190000$0.190000$0.190000$0.760000100.0%
(Boxes 1a+2a+3)      
Taxable Ordinary Dividend$0.118035$0.118035$0.118035$0.118035$0.47214062.1%
(Box 1a)      
Qualified Dividend Income$0$0$0$0$0 
(Box 1b)      
Total Capital Gain Distribution$0.071965$0.071965$0.071965$0.071965$0.28786037.9%
(Box 2a)      
Total Unrecaptured Sec. 1250 Gain$0.036205$0.036205$0.036205$0.036205$0.144820 
(Box 2b)      
Section 897 Ordinary Dividend$0$0$0$0$0 
(Box 2e)      
Section 897 Capital Gain$0.070817$0.070817$0.070817$0.070817$0.283268 
(Box 2f)      
Non-dividend Distribution$0$0$0$0$00%
(Box 3)      
Section 199A Dividend$0.118035$0.118035$0.118035$0.118035$0.472140 
(Box 5)      
       
       

A full tax report is available on our website at www.brandywinerealty.com - Investor Relations - 1099 Reporting.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Austin and Washington, D.C. markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 164 properties and 23.0 million square feet as of September 30, 2022 which excludes assets held for sale. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. For more information, please visit www.brandywinerealty.com.

Company / Investor Contact:

Tom Wirth
EVP & CFO
610-832-7434
tom.wirth@bdnreit.com 


FAQ

What are the 2022 tax characteristics of Brandywine Realty Trust's distributions for BDN?

Brandywine Realty Trust reported a gross distribution per share of $0.760, with taxable ordinary dividends amounting to $0.47214.

What is the taxable ordinary dividend for BDN for 2022?

The taxable ordinary dividend for BDN in 2022 is $0.47214.

How often does Brandywine Realty Trust pay dividends?

Brandywine Realty Trust pays dividends quarterly, with multiple record and payment dates throughout the year.

What percentage of Brandywine Realty Trust's distributions are taxable ordinary dividends?

Taxable ordinary dividends make up 62.1% of Brandywine Realty Trust's total distributions in 2022.

Is there any qualified dividend income reported for BDN in 2022?

No qualified dividend income was reported for Brandywine Realty Trust for the year 2022.

Brandywine Realty Trust

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