Physicians Realty Trust Announces 2020 Tax Reporting Information

Rhea-AI Summary

Physicians Realty Trust (NYSE:DOC) announced tax reporting information for dividends paid in 2020. Shareholders received a total distribution of $0.920 per share, with $0.479776 classified as ordinary dividends and $0.440224 as qualified dividends. The record and payable dates for these dividends spanned from January 3 to October 2, 2020. This information is crucial for shareholders for tax purposes and reflects the company’s commitment to providing returns amid operational challenges.

Positive

• Total dividend distribution of $0.920 per share for 2020.
• $0.479776 per share classified as ordinary dividends.
• $0.440224 per share classified as qualified dividends.

Negative

• None.

Physicians Realty Trust (NYSE:DOC) (“the Company”), a self-managed healthcare properties REIT, today announced the tax reporting information for dividends paid to its shareholders during the year ended December 31, 2020. The following schedule indicates the dividend amount paid and how the distribution should be treated for 2020 tax purposes:

Common Shares (CUSIP # 71943U104)

	Record Date			Payable Date				Total Distribution Per Share			Total Ordinary Dividends			Qualified Dividends			Total Capital Gain Distribution			Non-Dividend Distributions			Section 199A Dividends
	1/3/2020			1/17/2020		$		0.230000		$	0.119944		$	0.000000		$	0.000000		$	0.110056		$	0.119944
	4/2/2020			4/16/2020				0.230000			0.119944			0.000000			0.000000			0.110056			0.119944
	7/2/2020			7/17/2020				0.230000			0.119944			0.000000			0.000000			0.110056			0.119944
	10/2/2020			10/16/2020				0.230000			0.119944			0.000000			0.000000			0.110056			0.119944
							$	0.920000		$	0.479776		$	0.000000		$	0.000000		$	0.440224		$	0.479776

About Physicians Realty Trust

Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own, and manage healthcare properties that are leased to physicians, hospitals, and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a Delaware limited partnership (the “operating partnership”), directly or through limited partnerships, limited liability companies or other subsidiaries. The Company is the sole general partner of the operating partnership and, as of September 30, 2020, owned approximately 97.4% of the partnership interests in our operating partnership (“OP Units”).

Investors are encouraged to visit the Investor Relations portion of the Company’s website (www.docreit.com) for additional information, including annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, press releases, supplemental information packages and investor presentations.

Forward-Looking Statements

This press release contains statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, “continue”, “intend”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements may include statements regarding the Company’s strategic and operational plans, the Company’s ability to generate internal and external growth, the future outlook, anticipated cash returns, cap rates or yields on properties, anticipated closing of property acquisitions, ability to execute its business plan, and the impact of the COVID-19 pandemic on the Company’s business. While forward-looking statements reflect our good faith beliefs, they are not guarantees of future performance. Forward looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. These forward-looking statements are subject to various risks and uncertainties, not all of which are known to the Company and many of which are beyond the Company’s control, which could cause actual results to differ materially from such statements. These risks and uncertainties are described in greater detail in the Company’s filings with the Securities and Exchange Commission (the “Commission”), including, without limitation, the Company’s annual and periodic reports and other documents filed with the Commission. Unless legally required, the Company disclaims any obligation to update any forward-looking statements after the date of this release, whether as a result of new information, future events or otherwise. For a description of factors that may cause the Company’s actual results or performance to differ from its forward-looking statements, please review the information under the heading “Risk Factors” included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 filed by the Company with the Commission on February 27, 2020 and in the Company’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020, and September 30, 2020 filed by the Company with the Commission on May 8, 2020, August 7, 2020, and November 6, 2020, respectively.

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FAQ

What was the total dividend distribution for DOC in 2020?

The total dividend distribution for Physicians Realty Trust (DOC) in 2020 was $0.920 per share.

What portion of the DOC dividend was considered ordinary dividends?

For 2020, $0.479776 per share of the dividend from Physicians Realty Trust (DOC) was classified as ordinary dividends.

When were the dividends for DOC paid in 2020?

Dividends for Physicians Realty Trust (DOC) were paid on various dates from January 17 to October 16, 2020.

What is the classification of the remaining DOC dividends?

The remaining portion of the dividend, totaling $0.440224 per share for 2020, was classified as qualified dividends.