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Getty Realty Corp. Announces 2020 Dividend Tax Treatment

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Getty Realty Corp. (NYSE: GTY) has announced the allocations for its 2020 dividend distributions on common stock, totaling $1.4781 per share. The dividend includes $1.3109 as ordinary income and $0.0497 as capital gains. Key dates include a record date of December 26, 2019, and a payable date of January 9, 2020. The company, which specializes in real estate investment trusts focused on convenience stores and gas stations, owned 896 properties and leased 58 as of September 30, 2020.

Positive
  • Annual dividend distributions totaled $1.4781 per share, indicating strong returns for shareholders.
  • The company maintains a diverse portfolio with 896 owned properties and 58 leased properties.
Negative
  • None.

Getty Realty Corp. (NYSE: GTY) announced today the allocations of the Company’s 2020 dividend distributions on its common stock (CUSIP #374297109). The allocations as they will be reported on Form 1099-DIV are as follows:

Ordinary Income Capital Gains
Record
Date
Payable
Date
Total 2020
Distributions Per
Share
(1a + 2a + 3)
Total
(Box 1a)
Total
(Box 2a)
Unrecapt’d Sec
1250
(Box 2b)
Nondividend
Distributions
(Box 3)
12/26/2019 1/9/2020

$

0.3680955

$

0.3264564

$

0.0123863

$

0.0040491

$

0.0292528

3/26/2020 4/9/2020

$

0.3700000

$

0.3281454

$

0.0124504

$

0.0040700

$

0.0294042

6/25/2020 7/2/2020

$

0.3700000

$

0.3281454

$

0.0124504

$

0.0040700

$

0.0294042

9/24/2020 10/8/2020

$

0.3700000

$

0.3281454

$

0.0124504

$

0.0040700

$

0.0294042

Totals

$

1.4780955

$

1.3108926

$

0.0497375

$

0.0162591

$

0.1174654

 

Tax Disclaimer

The information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis. You should consult your own tax advisor regarding the specific federal, state, local, foreign and other tax consequences to you regarding your ownership of shares of the Company's common stock.

About Getty Realty Corp.

Getty Realty Corp. is the leading publicly traded real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. As of September 30, 2020, the Company owned 896 properties and leased 58 properties from third-party landlords in 35 states across the United States and Washington, D.C.

FAQ

What is the total dividend amount declared by Getty Realty Corp. for 2020?

The total dividend amount declared for 2020 is $1.4781 per share.

When is the payable date for the 2020 dividend distributions of GTY?

The payable date for the 2020 dividend distributions is January 9, 2020.

What are the components of Getty Realty Corp.'s 2020 dividend distribution?

The 2020 dividend distribution includes $1.3109 as ordinary income and $0.0497 as capital gains.

How many properties does Getty Realty Corp. own and lease as of September 30, 2020?

As of September 30, 2020, Getty Realty Corp. owned 896 properties and leased 58 properties.

Getty Realty Corp.

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