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Essex Reports Characteristics of 2024 Dividends

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Essex Property Trust (NYSE:ESS) has disclosed the income tax treatment for its 2024 dividend distributions. The company distributed a total of $9.66 per share across four quarterly payments: $2.31 (January), $2.45 (April), $2.45 (July), and $2.45 (October). Of the total distribution, 98.191% ($9.48525) is classified as ordinary taxable dividend, while 1.809% ($0.17475) qualifies as capital gain.

The distributions include Section 199A dividends of $9.48525 and Section 897 gains of $0.17475. Essex, an S&P 500 REIT, currently manages 254 apartment communities with approximately 62,000 apartment homes across selected West Coast markets. The company reported no foreign taxes for 2024.

Essex Property Trust (NYSE:ESS) ha comunicato il trattamento fiscale sui redditi per le distribuzioni di dividendi del 2024. L'azienda ha distribuito un totale di $9,66 per azione attraverso quattro pagamenti trimestrali: $2,31 (gennaio), $2,45 (aprile), $2,45 (luglio) e $2,45 (ottobre). Della distribuzione totale, il 98,191% ($9,48525) è classificato come dividendo ordinario tassabile, mentre l'1,809% ($0,17475) è considerato un guadagno patrimoniale.

Le distribuzioni includono dividendi ai sensi della Sezione 199A per $9,48525 e guadagni della Sezione 897 per $0,17475. Essex, un REIT dell'S&P 500, gestisce attualmente 254 comunità di appartamenti con circa 62.000 appartamenti in selezionati mercati della costa occidentale. L'azienda ha riportato nessuna tassa estera per il 2024.

Essex Property Trust (NYSE:ESS) ha revelado el tratamiento fiscal sobre los ingresos para las distribuciones de dividendos de 2024. La compañía distribuyó un total de $9.66 por acción a través de cuatro pagos trimestrales: $2.31 (enero), $2.45 (abril), $2.45 (julio) y $2.45 (octubre). Del total de la distribución, el 98.191% ($9.48525) se clasifica como dividendo ordinario imponible, mientras que el 1.809% ($0.17475) califica como ganancia de capital.

Las distribuciones incluyen dividendos de la Sección 199A de $9.48525 y ganancias de la Sección 897 de $0.17475. Essex, un REIT del S&P 500, actualmente gestiona 254 comunidades de apartamentos con aproximadamente 62,000 hogares de apartamentos en mercados selectos de la costa oeste. La compañía no reportó impuestos extranjeros para 2024.

Essex Property Trust (NYSE:ESS)는 2024년 배당금 분배에 대한 소득세 처리를 공개했습니다. 이 회사는 주당 $9.66를 네 번의 분기 지급으로 분배했습니다: $2.31 (1월), $2.45 (4월), $2.45 (7월), $2.45 (10월). 총 배당금 중 98.191% ($9.48525)는 일반 과세 배당금으로 분류되며, 1.809% ($0.17475)는 자본 이익으로 자격이 주어집니다.

분배에는 199A 조항에 따른 배당금이 $9.48525와 897 조항에 따른 이익이 $0.17475 포함되어 있습니다. Essex는 S&P 500 REIT로서 현재 62,000개 아파트가 있는 254개 아파트 커뮤니티를 관리하고 있으며, 서부 해안의 선택된 시장에 분포해 있습니다. 이 회사는 2024년 외국세를 보고하지 않았습니다.

Essex Property Trust (NYSE:ESS) a annoncé le traitement fiscal de ses distributions de dividendes pour 2024. La société a distribué un total de $9,66 par action à travers quatre paiements trimestriels : $2,31 (janvier), $2,45 (avril), $2,45 (juillet) et $2,45 (octobre). De la distribution totale, 98,191% ($9,48525) est classé comme dividende ordinaire imposable, tandis que 1,809% ($0,17475) est considéré comme un gain en capital.

Les distributions incluent des dividendes de la Section 199A de $9,48525 et des gains de la Section 897 de $0,17475. Essex, un REIT du S&P 500, gère actuellement 254 communautés d'appartements avec environ 62 000 logements d'appartements dans des marchés sélectionnés de la côte ouest. La société n'a pas déclaré d'impôts étrangers pour 2024.

Essex Property Trust (NYSE:ESS) hat die steuerliche Behandlung der Einkommenssteuer für die Dividendenverteilungen 2024 bekannt gegeben. Das Unternehmen hat insgesamt $9,66 pro Aktie in vier vierteljährlichen Zahlungen verteilt: $2,31 (Januar), $2,45 (April), $2,45 (Juli) und $2,45 (Oktober). Von der Gesamtauszahlung sind 98,191% ($9,48525) als ordentliche steuerpflichtige Dividende klassifiziert, während 1,809% ($0,17475) als Kapitalgewinn qualifiziert.

Die Auszahlungen beinhalten Dividenden gemäß Abschnitt 199A in Höhe von $9,48525 und Gewinne gemäß Abschnitt 897 in Höhe von $0,17475. Essex, ein S&P 500 REIT, verwaltet derzeit 254 Wohnanlagen mit etwa 62.000 Wohneinheiten in ausgewählten Märkten an der Westküste. Das Unternehmen hat für 2024 keine ausländischen Steuern gemeldet.

Positive
  • Consistent quarterly dividend payments throughout 2024
  • Majority of dividends (98.191%) qualify for Section 199A tax treatment
  • Large portfolio of 254 apartment communities with 62,000 units
Negative
  • None.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are as follows:

Common Stock – CUSIP Number 297178105:

Record

Payment

Cash Distribution

Ordinary Taxable

Qualified

Return of

Capital Gain

Unrecaptured Section 1250 Capital Gain

 

Section 199A

Section 897

Date

Date

Per Share

Dividend

Dividend

Capital

(20% rate)

(25% rate)

Dividend

Gain

1/2/2024

1/12/2024

$2.31000

$2.26821

$0.00000

$0.00000

$0.04179

$0.00000

$2.26821

$0.04179

3/29/2024

4/12/2024

$2.45000

$2.40568

$0.00000

$0.00000

$0.04432

$0.00000

$2.40568

$0.04432

6/28/2024

7/12/2024

$2.45000

$2.40568

$0.00000

$0.00000

$0.04432

$0.00000

$2.40568

$0.04432

9/30/2024

10/11/2024

$2.45000

$2.40568

$0.00000

$0.00000

$0.04432

$0.00000

$2.40568

$0.04432

Totals:

$9.66000

$9.48525

$0.00000

$0.00000

$0.17475

$0.00000

$9.48525

$0.17475

Percentages:

100%

98.191%

 

0.000%

1.809%

0.000%

 

 

The Company did not incur any foreign taxes during 2024.

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 254 apartment communities comprising approximately 62,000 apartment homes. Additional information about the Company can be found on the Company’s website at www.essex.com.

Loren Rainey

Director, Investor Relations

(650) 655-7800

lrainey@essex.com

Source: Essex Property Trust, Inc.

FAQ

What is the total dividend amount paid by Essex Property Trust (ESS) in 2024?

Essex Property Trust paid a total dividend of $9.66 per share in 2024, distributed across four quarterly payments.

How are Essex Property Trust's (ESS) 2024 dividends taxed?

98.191% ($9.48525) of the dividends are classified as ordinary taxable dividends, and 1.809% ($0.17475) as capital gain.

What is the quarterly dividend schedule for Essex Property Trust (ESS) in 2024?

ESS paid $2.31 in January, $2.45 in April, $2.45 in July, and $2.45 in October 2024.

What percentage of Essex Property Trust's (ESS) 2024 dividends qualify for Section 199A treatment?

98.191% of the total distributions ($9.48525) qualify for Section 199A dividend treatment.

Did Essex Property Trust (ESS) incur any foreign taxes in 2024?

No, Essex Property Trust did not incur any foreign taxes during 2024.

Essex Property Trust, Inc

NYSE:ESS

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18.18B
63.53M
1.15%
98.38%
1.61%
REIT - Residential
Real Estate Investment Trusts
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United States of America
SAN MATEO