Getty Realty Corp. Announces 2021 Dividend Tax Treatment

Rhea-AI Summary

Getty Realty Corp. (NYSE: GTY) announced its 2021 dividend distribution allocations for common stock. The total distribution per share amounts to $1.560, with ordinary income at $0.390 per share, capital gains of $1.1397, and non-dividend distributions totaling $0.3344. The dividends are payable on January 7, 2021, following a record date of December 24, 2020. For investors, this continues to signify the company’s commitment to returning value through dividends.

Positive

• Total 2021 distributions per share of $1.560 indicate strong shareholder returns.
• Ordinary income distribution of $0.390 per share supports consistent dividend payments.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Getty Realty Corp. (NYSE: GTY) announced today the allocations of the Company’s 2021 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 2021 Distributions Per Share (1a + 2a + 3)			Total (Box 1a)			Total (Box 2a)		Unrecapt’d Sec 1250 (Box 2b)			Nondividend Distributions (Box 3)
12/24/2020	1/7/2021		$	0.390000		$	0.284926		$	0.021462	$	0.004290		$	0.083612
3/25/2021	4/8/2021		$	0.390000		$	0.284926		$	0.021462	$	0.004290		$	0.083612
6/24/2021	7/8/2021		$	0.390000		$	0.284926		$	0.021462	$	0.004290		$	0.083612
9/23/2021	10/7/2021		$	0.390000		$	0.284926		$	0.021462	$	0.004290		$	0.083612
Totals			$	1.560000		$	1.139702		$	0.085848	$	0.017160		$	0.334448

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 a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of September 30, 2021, the Company’s portfolio included 1,021 freestanding properties located in 36 states across the United States and Washington, D.C.

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Investor Relations

(646) 349-0598

ir@gettyrealty.com

Source: Getty Realty Corp.

FAQ

What is Getty Realty's dividend amount for 2021?

The total dividend distribution for 2021 is $1.560 per share.

When will the 2021 dividends for GTY be paid?

The dividends are payable on January 7, 2021.

What was the record date for the 2021 dividend distribution of Getty Realty?

The record date for the 2021 dividend distribution was December 24, 2020.

How much is the ordinary income distribution per share for GTY?

The ordinary income distribution per share for 2021 is $0.390.

What type of business is Getty Realty Corp. involved in?

Getty Realty Corp. specializes in net lease real estate, particularly in convenience and automotive retail properties.