Douglas Emmett Announces 2021 Tax Treatment of Dividends

Rhea-AI Summary

Douglas Emmett, Inc. (NYSE: DEI) announced the tax treatment of its 2021 common stock dividends. Shareholders are advised to consult tax advisors for specific treatment. The total dividend per share for 2021 is $1.12, with record dates throughout the year. Key payment dates include January 15, April 15, July 15, and October 15 of 2021 with an ordinary income allocation of $0.5936. The company urges shareholders to stay informed regarding tax implications of dividends paid.

Positive

• Total dividend per share for 2021 is $1.12.
• Ordinary income allocation for shareholders is $0.5936.

Negative

• None.

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today the tax treatment of its 2021 common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Douglas Emmett dividends.

Record Date		Paid Date		Dividend Per Share		Ordinary Income		Capital Gain		Return of Capital		Amount Qualifying as a Section 199A Dividend
12/31/20		01/15/21		$0.28		$0.1484		$0.00		$0.1316		$0.1484
03/31/21		04/15/21		$0.28		$0.1484		$0.00		$0.1316		$0.1484
06/30/21		07/15/21		$0.28		$0.1484		$0.00		$0.1316		$0.1484
09/30/21		10/15/21		$0.28		$0.1484		$0.00		$0.1316		$0.1484
		Total:		$1.12		$0.5936		$0.00		$0.5264		$0.5936

As noted above, the common stock dividend paid on January 15, 2021, with a record date of December 31, 2020, has been allocated entirely to 2021. The common stock dividend of $0.28 per share that was paid on January 19, 2022, with a record date of December 31, 2021, will be allocated entirely to 2022.

About Douglas Emmett, Inc.

Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. For more information about Douglas Emmett, please visit our website at www.douglasemmett.com.

Safe Harbor Statement

Except for the historical facts, the statements in this press release regarding Douglas Emmett’s business activities are forward-looking statements based on the beliefs of, assumptions made by, and information currently available to us about known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will inevitably prove to be incorrect. As a result, our actual future results can be expected to differ from our expectations, and those differences may be material. Accordingly, investors should use caution in relying on forward-looking statements to anticipate future results or trends. For a discussion of some of the risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220121005500/en/

Stuart McElhinney, Vice President – Investor Relations

310.255.7751 smcelhinney@douglasemmett.com

Source: Douglas Emmett, Inc.

FAQ

What is the total dividend per share for DEI in 2021?

The total dividend per share for Douglas Emmett, Inc. (DEI) in 2021 is $1.12.

When was the record date for DEI's 2021 dividend?

The record dates for Douglas Emmett, Inc.'s 2021 dividend varied, including December 31, 2020, and additional dates throughout 2021.

What is the ordinary income allocation for DEI's 2021 dividend?

The ordinary income allocation for Douglas Emmett, Inc.'s 2021 dividend is $0.5936.

When are the payment dates for DEI's 2021 dividends?

The payment dates for Douglas Emmett, Inc.'s 2021 dividends were January 15, April 15, July 15, and October 15.

What should shareholders know about tax treatment of DEI dividends?

Shareholders of Douglas Emmett, Inc. are encouraged to consult their personal tax advisors regarding the specific tax treatment of dividends.