EastGroup Properties Announces the Income Tax Treatment of its 2024 Distributions
EastGroup Properties (NYSE: EGP) has released details about the tax treatment of its 2024 distributions. The company distributed a total of $5.21028 per share throughout the year, with all distributions classified as ordinary dividends. The distributions were made across five payments, ranging from $0.27342 to $1.40000 per share.
All distributions qualify as Section 199A dividends, which may be eligible for the 20% qualified business income deduction for non-corporate taxpayers. No portion of the distributions was classified as capital gains or nondividend distributions. The company, a self-administered REIT, maintains a portfolio of approximately 63.1 million square feet of industrial properties, primarily focusing on business distribution space in major Sunbelt markets.
EastGroup Properties (NYSE: EGP) ha rilasciato dettagli riguardo al trattamento fiscale delle sue distribuzioni per il 2024. L'azienda ha distribuito un totale di $5.21028 per azione durante l'anno, con tutte le distribuzioni classificate come dividendi ordinari. Le distribuzioni sono state effettuate in cinque pagamenti, che vanno da $0.27342 a $1.40000 per azione.
Tutte le distribuzioni si qualificano come dividendi ai sensi della Sezione 199A, i quali potrebbero essere idonei per la detrazione del 20% sul reddito da attività commerciali qualificate per i contribuenti non aziendali. Nessuna parte delle distribuzioni è stata classificata come guadagni in conto capitale o distribuzioni non da dividendi. L'azienda, un REIT autogestito, mantiene un portafoglio di circa 63,1 milioni di piedi quadrati di proprietà industriali, concentrandosi principalmente su spazi di distribuzione commerciale nei principali mercati del Sunbelt.
EastGroup Properties (NYSE: EGP) ha publicado detalles sobre el tratamiento fiscal de sus distribuciones para 2024. La empresa distribuyó un total de $5.21028 por acción durante el año, con todas las distribuciones clasificadas como dividendos ordinarios. Las distribuciones se realizaron en cinco pagos, que oscilan entre $0.27342 y $1.40000 por acción.
Todas las distribuciones califican como dividendos de la Sección 199A, que pueden ser elegibles para la deducción del 20% del ingreso comercial calificado para contribuyentes no corporativos. Ninguna parte de las distribuciones fue clasificada como ganancias de capital o distribuciones no dividendos. La empresa, un REIT autoadministrado, mantiene un portafolio de aproximadamente 63,1 millones de pies cuadrados de propiedades industriales, enfocándose principalmente en espacios de distribución comercial en los principales mercados del Sunbelt.
EastGroup Properties (NYSE: EGP)는 2024년 배당금의 세금 처리에 대한 세부정보를 공개했습니다. 이 회사는 올해 동안 $5.21028 per 주식의 총액을 분배했으며, 모든 분배금은 보통 배당금으로 분류되었습니다. 분배는 주당 $0.27342에서 $1.40000까지 다섯 번의 지급으로 이루어졌습니다.
모든 분배는 섹션 199A 배당금으로 자격이 있으며, 비법인 납세자를 위한 20%의 적격 사업 소득 공제 혜택을 받을 수 있습니다. 분배금의 어떤 부분도 자본 이득 또는 비 배당 분배금으로 분류되지 않았습니다. 자산을 자가 관리하는 REIT인 이 회사는 약 63.1백만 평방 피트의 산업용 부동산 포트폴리오를 유지하고 있으며, 주로 Sunbelt 주요 시장에서 상업 배급 공간에 집중하고 있습니다.
EastGroup Properties (NYSE: EGP) a publié des détails concernant le traitement fiscal de ses distributions pour 2024. L'entreprise a distribué un total de $5.21028 par action au cours de l'année, toutes les distributions étant classées comme dividendes ordinaires. Les distributions ont été effectuées en cinq paiements, allant de $0.27342 à $1.40000 par action.
Toutes les distributions sont éligibles en tant que dividendes au titre de la Section 199A, ce qui peut donner droit à la déduction de 20 % sur le revenu commercial qualifié pour les contribuables non corporatifs. Aucune partie des distributions n’a été classée comme gains en capital ou distribuées sous forme de dividendes non réalisés. L'entreprise, un REIT autogéré, maintient un portefeuille d'environ 63,1 millions de pieds carrés de propriétés industrielles, se concentrant principalement sur des espaces de distribution commerciale dans les principaux marchés du Sunbelt.
EastGroup Properties (NYSE: EGP) hat Einzelheiten zur steuerlichen Behandlung seiner Ausschüttungen für 2024 veröffentlicht. Das Unternehmen hat im Laufe des Jahres insgesamt $5.21028 pro Aktie verteilt, wobei alle Ausschüttungen als ordentliche Dividenden klassifiziert werden. Die Ausschüttungen erfolgten in fünf Zahlungen, die von $0.27342 bis $1.40000 pro Aktie reichen.
Alle Ausschüttungen qualifizieren sich als Dividenden gemäß Abschnitt 199A, die für die 20%ige Abzugsfähigkeit bei qualifizierten Geschäftseinnahmen für nicht-korporative Steuerzahler in Betracht kommen könnten. Kein Teil der Ausschüttungen wurde als Kapitalgewinne oder nicht-Dividenden-Ausschüttungen klassifiziert. Das Unternehmen, ein selbstverwalteter REIT, verwaltet ein Portfolio von ca. 63,1 Millionen Quadratfuß Industrieimmobilien, wobei der Schwerpunkt auf Geschäftsverteilungsflächen in den wichtigen Märkten des Sunbelt liegt.
- Consistent quarterly dividend payments throughout 2024
- 100% of distributions qualify for Section 199A tax benefits
- Portfolio includes substantial 63.1 million square feet of industrial space
- None.
Common Stock:
Ticker Symbol EGP, CUSIP #277 276 101
Record Dates | Payment Dates | Total Distributions Per Share (1) | Ordinary Dividends | Capital Gain Distributions | Unrecaptured Sec. 1250 Gain (2) | Nondividend Distributions (3) | Section 199A Dividends (4) |
12/29/23 | 01/12/24 | ||||||
03/28/24 | 04/15/24 | 1.27000 | 1.27000 | 0.00000 | 0.00000 | 0.00000 | 1.27000 |
06/28/24 | 07/15/24 | 1.27000 | 1.27000 | 0.00000 | 0.00000 | 0.00000 | 1.27000 |
09/30/24 | 10/15/24 | 1.40000 | 1.40000 | 0.00000 | 0.00000 | 0.00000 | 1.40000 |
12/31/24 | 01/15/25 | 0.99686 | 0.99686 | 0.00000 | 0.00000 | 0.00000 | 0.99686 |
TOTALS | |||||||
Form 1099-DIV box | 1a | 2a | 2b | 3 | 5 | ||
(1) Pursuant to Internal Revenue Code of 1986, as amended, Section 857(b)(9), cash distributions made on January 15, 2025, with a record date of December 31, 2024 are treated as received by shareholders on December 31, 2024 to the extent of 2024 undistributed earnings and profits.
(2) Unrecaptured Sec. 1250 Gain (box 2b) is a subset of, and is included in, the Capital Gain Distributions amount reported in box 2a of Form 1099-DIV.
(3) Return of Capital
(4) Represents qualified REIT dividends that may be eligible for the
The Company did not incur any foreign taxes in 2024. Of the total distributions during 2024, none are considered qualifying dividends for purposes of the federal
EastGroup, a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout
EastGroup Properties, Inc. press releases are available at www.eastgroup.net.
Contact: investor@eastgroup.net
400 W. Parkway Place, Suite 100,
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SOURCE EastGroup Properties
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