First Industrial Realty Trust Reports Tax Treatment Of Common Stock Distributions
First Industrial Realty Trust (NYSE: FR) has released its tax treatment report for 2024 distributions. The company distributed a total of $1.48 per share throughout the year, paid in four equal quarterly installments of $0.37. The distributions were classified as 47.8% ordinary dividends ($0.7080) and 52.2% capital gain distributions ($0.7720).
Of the capital gains portion, $0.2948 was classified as Unrecaptured Section 1250 Gain. The company also reported that 100% of Capital Gain Distributions were Section 897 gain, and both One Year Amounts and Three Year Amounts under Section 1061 were zero. Section 199A Dividends amounted to $0.7080, which is included in the Ordinary Dividends portion.
First Industrial Realty Trust (NYSE: FR) ha pubblicato il suo rapporto sul trattamento fiscale per le distribuzioni del 2024. L'azienda ha distribuito un totale di 1,48 dollari per azione durante l'anno, pagato in quattro rate trimestrali uguali di 0,37 dollari. Le distribuzioni sono state classificate come 47,8% dividendi ordinari (0,7080 dollari) e 52,2% distribuzioni di guadagni in capitale (0,7720 dollari).
Del settore guadagni in capitale, 0,2948 dollari sono stati classificati come Guadagno Sezione 1250 Non Recuperato. L'azienda ha anche riportato che il 100% delle distribuzioni di guadagni in capitale erano guadagni ai sensi della Sezione 897, e sia gli Importi per un anno che gli Importi per tre anni ai sensi della Sezione 1061 erano zero. I dividendi della Sezione 199A ammontavano a 0,7080 dollari, che è incluso nella parte dei Dividendi Ordinari.
First Industrial Realty Trust (NYSE: FR) ha publicado su informe sobre el tratamiento fiscal para las distribuciones de 2024. La empresa distribuyó un total de 1.48 dólares por acción a lo largo del año, pagado en cuatro cuotas trimestrales iguales de 0.37 dólares. Las distribuciones se clasificaron como 47.8% dividendos ordinarios (0.7080 dólares) y 52.2% distribuciones de ganancias de capital (0.7720 dólares).
De la parte de ganancias de capital, 0.2948 dólares se clasificaron como Ganancia Sección 1250 No Recuperada. La empresa también informó que el 100% de las Distribuciones de Ganancia de Capital eran ganancias según la Sección 897, y tanto los Montos de Un Año como los Montos de Tres Años bajo la Sección 1061 eran cero. Los dividendos de la Sección 199A ascendieron a 0.7080 dólares, que se incluye en la parte de Dividendos Ordinarios.
퍼스트 인더스트리얼 리얼티 트러스트 (NYSE: FR)가 2024년 배당금에 대한 세금 처리 보고서를 발표했습니다. 회사는 연간 총 주당 1.48달러를 배당했으며, 4회의 동일한 분기별 할부로 각각 0.37달러가 지급되었습니다. 배당금은 47.8% 일반 배당금 (0.7080달러) 및 52.2% 자본 이익 배당금 (0.7720달러)으로 분류되었습니다.
자본 이익 부분 중 0.2948달러는 비회수된 섹션 1250 이익으로 분류되었습니다. 회사는 또한 100%의 자본 이익 배당금이 섹션 897 이익에 해당하며, 섹션 1061 아래의 1년 및 3년 금액 모두가 0이라고 보고했습니다. 섹션 199A 배당금은 0.7080달러로, 일반 배당금 부분에 포함됩니다.
First Industrial Realty Trust (NYSE: FR) a publié son rapport sur le traitement fiscal des distributions pour 2024. L'entreprise a distribué un total de 1,48 dollar par action au cours de l'année, payé en quatre versements trimestriels égaux de 0,37 dollar. Les distributions ont été classées comme 47,8% dividendes ordinaires (0,7080 dollar) et 52,2% distributions de plus-values (0,7720 dollar).
De la portion des plus-values, 0,2948 dollar a été classifié comme Gain Section 1250 Non Récupéré. L'entreprise a également indiqué que 100% des Distributions de Plus-Values étaient classées comme Gain de la Section 897, et que les Montants d'un An et de Trois Ans sous la Section 1061 étaient zéro. Les Dividendes de la Section 199A s'élevaient à 0,7080 dollar, ce qui est inclus dans la partie des Dividendes Ordinaires.
First Industrial Realty Trust (NYSE: FR) hat seinen Bericht über die steuerliche Behandlung der Ausschüttungen für 2024 veröffentlicht. Das Unternehmen hat insgesamt 1,48 US-Dollar pro Aktie im Laufe des Jahres ausgeschüttet, die in vier gleichen vierteljährlichen Raten von 0,37 US-Dollar gezahlt wurden. Die Ausschüttungen wurden als 47,8% ordentliche Dividenden (0,7080 US-Dollar) und 52,2% Ausschüttungen aus Kapitalgewinnen (0,7720 US-Dollar) klassifiziert.
Von der Kapitalgewinn-Portion wurden 0,2948 US-Dollar als nicht erfasster Gewinn nach Abschnitt 1250 klassifiziert. Das Unternehmen berichtete auch, dass 100% der Ausschüttungen aus Kapitalgewinnen Gewinne nach Abschnitt 897 waren und dass sowohl die Eins-Jahres- als auch die Drei-Jahres-Beträge unter Abschnitt 1061 Null betrugen. Die Dividenden nach Abschnitt 199A betrugen 0,7080 US-Dollar, die in dem Teil der ordentlichen Dividenden enthalten sind.
- Consistent quarterly dividend payments of $0.37 per share throughout 2024
- Large portfolio of approximately 69.0 million square feet of industrial space
- Strategic presence in 15 target MSAs with focus on supply-constrained, coastal markets
- None.
Insights
This tax distribution report offers important information for FR shareholders and investors. The company distributed a total of
The inclusion of Section 199A dividends is particularly beneficial for shareholders, as these qualify for the
The tax composition of FR's distributions reveals important nuances. The Section 897 classification of
The equal quarterly breakdown of distributions (
This release is based on the preliminary results of work on the Company's tax filings and may be subject to correction or adjustment when the filings are completed. However, no material change in the information reported is expected. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment.
The table below summarizes the income tax treatment of the Company's 2024 common stock distributions.
Record Date | Payable Date | Cash | Ordinary | Capital Gain | Unrecaptured | Section 199A | ||
3/28/2024 | 4/15/2024 | |||||||
6/28/2024 | 7/15/2024 | |||||||
9/30/2024 | 10/21/2024 | |||||||
12/31/2024 | 1/21/2025 | |||||||
Total | ||||||||
Percentage | 100.0 % | 47.8 % | 52.2 % |
(1) |
(2) Pursuant to Treasury Regulation §1.1061-6(c), First Industrial Realty Trust is disclosing additional information related to the Capital Gain Distributions reported on Form 1099-DIV, for purposes of Section 1061. Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interests." The "One Year Amounts" and "Three Year Amounts" required to be disclosed are both zero with respect to the 2024 distributions, since all capital gain dividends relate to Section 1231 gains. |
(3) Unrecaptured Section 1250 Gain (Box 2b) is a subset of, and is included in, Capital Gain Distributions reported in Box 2a. |
(4) Section 199A Dividends (Box 5) are a subset of, and are included in, Ordinary Dividends reported in Box 1a. |
About First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading
Forward-Looking Information
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. We intend for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward looking statements are based on certain assumptions and describe our future plans, strategies and expectations, and are generally identifiable by use of the words "believe," "expect," "plan," "intend," "anticipate," "estimate," "project," "seek," "target," "potential," "focus," "may," "will," "should" or similar words. Although we believe the expectations reflected in forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. Factors that could have a materially adverse effect on our operations and future prospects include, but are not limited to: changes in national, international, regional and local economic conditions generally and real estate markets specifically; changes in legislation/regulation (including changes to laws governing the taxation of real estate investment trusts) and actions of regulatory authorities; the uncertainty and economic impact of pandemics, epidemics or other public health emergencies or fear of such events; risks associated with security breaches through cyberattacks, cyber intrusions or otherwise, as well as other significant disruptions of our information technology networks and related systems; our ability to qualify and maintain our status as a real estate investment trust; the availability and attractiveness of financing (including both public and private capital) and changes in interest rates; the availability and attractiveness of terms of additional debt repurchases; our ability to retain our credit agency ratings; our ability to comply with applicable financial covenants; our competitive environment; changes in supply, demand and valuation of industrial properties and land in our current and potential market areas; our ability to identify, acquire, develop and/or manage properties on favorable terms; our ability to dispose of properties on favorable terms; our ability to manage the integration of properties we acquire; potential liability relating to environmental matters; defaults on or non-renewal of leases by our tenants; decreased rental rates or increased vacancy rates; higher-than-expected real estate construction costs and delays in development or lease-up schedules; potential natural disasters and other potentially catastrophic events such as acts of war and/or terrorism; technological developments, particularly those affecting supply chains and logistics; litigation, including costs associated with prosecuting or defending claims and any adverse outcomes; risks associated with our investments in joint ventures, including our lack of sole decision-making authority; and other risks and uncertainties described under the heading "Risk Factors" and elsewhere in our annual report on Form 10-K for the year ended December 31, 2023, as well as those risks and uncertainties discussed from time to time in our other Exchange Act reports and in our other public filings with the Securities and Exchange Commission (the "SEC"). We caution you not to place undue reliance on forward-looking statements, which reflect our outlook only and speak only as of the date of this press release or the dates indicated in the statements. We assume no obligation to update or supplement forward-looking statements. For further information on these and other factors that could impact us and the statements contained herein, reference should be made to our filings with the SEC.
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SOURCE First Industrial Realty Trust, Inc.
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