CyrusOne Inc. Announces Tax Allocations of 2020 Distributions
CyrusOne Inc. (NASDAQ: CONE) announced the tax allocation for its 2020 distributions totaling $2.01 per share. The breakdown shows 9.783% as taxable ordinary dividends ($0.1966412), 60.188% as capital gain distributions ($1.2097828), and 30.029% as non-dividend distributions, also known as return of capital ($0.6035760). Shareholders are advised to consult with tax advisors regarding their specific tax treatment of these distributions. CyrusOne operates over 50 global data centers, serving around 1,000 customers, including 200 Fortune 1000 companies.
- Total distribution of $2.01 per share for 2020.
- Capital gain distributions make up 60.188% of total allocations.
- None.
CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced the tax allocations of 2020 distributions on shares of its common stock. The allocation of the 2020 distributions totaling
| CyrusOne Inc. Common Shares (NASDAQ: CONE) | |||||||||||||||||||||||||
| CUSIP: 23283R100 | |||||||||||||||||||||||||
| Record Date |
Payment Date |
Distribution | 2020 Taxable Ordinary Dividends Box 1a |
2020 Capital Gain Distributions Box 2a |
2020 Non-Dividend Distributions Box 3 |
Section 199A Dividends |
|||||||||||||||||||
| ($ per Share) | ($ per Share) | ($ per Share) | ($ per Share) | ($ per Share) | |||||||||||||||||||||
1/2/2020 |
1/10/2020 |
$ |
0.5000000 |
$ |
0.0489157 |
$ |
0.3009410 |
$ |
0.1501433 |
$ |
- |
||||||||||||||
3/27/2020 |
4/10/2020 |
$ |
0.5000000 |
$ |
0.0489157 |
$ |
0.3009410 |
$ |
0.1501433 |
$ |
- |
||||||||||||||
6/26/2020 |
7/10/2020 |
$ |
0.5000000 |
$ |
0.0489157 |
$ |
0.3009410 |
$ |
0.1501433 |
$ |
- |
||||||||||||||
9/25/2020 |
10/9/2020 |
$ |
0.5100000 |
$ |
0.0498940 |
$ |
0.3069598 |
$ |
0.1531461 |
$ |
- |
||||||||||||||
| Total | $ |
2.0100000 |
$ |
0.1966412 |
$ |
1.2097828 |
$ |
0.6035760 |
$ |
- |
|||||||||||||||
Please note that state and federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders on how distributions should be reported on their tax returns. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of CyrusOne’s distributions.
About CyrusOne
CyrusOne (NASDAQ: CONE) is a premier global REIT specializing in design, construction and operation of more than 50 high-performance data centers worldwide. The company provides mission-critical facilities that ensure the continued operation of IT infrastructure for approximately 1,000 customers, including approximately 200 Fortune 1000 companies.
A leader in hybrid-cloud and multi-cloud deployments, CyrusOne offers colocation, hyperscale, and build-to-suit environments that help customers enhance the strategic connection of their essential data infrastructure and supporting achievement of sustainability goals. CyrusOne data centers offer world-class flexibility, enabling clients to modernize, simplify, and rapidly respond to changing demand. Combining exceptional financial strength with a broad global footprint, CyrusOne provides customers with long-term stability and strategic advantage at scale.
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FAQ
What is the total distribution amount per share for CyrusOne in 2020?
What percentage of the 2020 distributions are taxable ordinary dividends for CONE?
When should shareholders consult tax advisors regarding CyrusOne's distributions?
How much of the 2020 distributions for CONE is capital gain distributions?
What portion of the 2020 distributions from CyrusOne is classified as return of capital?
