Getty Realty Corp. Announces 2022 Dividend Tax Treatment

Rhea-AI Summary

Getty Realty Corp. (NYSE: GTY) has officially allocated its 2022 dividend distributions for common stock, revealing a total distribution of $1.640000 per share, which includes $1.264124 as ordinary income. The dividends, detailed on Form 1099-DIV, were distributed across several record and payable dates from December 2021 to September 2022. Key dates include a record date of 12/23/2021 with a payable date of 1/6/2022. The company specializes in acquiring and developing retail real estate, operating 1,039 properties in 38 states and Washington, D.C. as of December 31, 2022.

Positive

• Total 2022 dividend distribution of $1.640000 per share, beneficial for shareholders.
• Consistent performance with a significant portion classified as ordinary income ($1.264124), reflecting company stability.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Getty Realty Corp. (NYSE: GTY) announced today the allocations of the Company’s 2022 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)
12/23/2021	1/6/2022			$	0.410000			$	0.316031			$	0.011578		$	0.003116			$	0.082391
3/24/2022	4/7/2022			$	0.410000			$	0.316031			$	0.011578		$	0.003116			$	0.082391
6/23/2022	7/7/2022			$	0.410000			$	0.316031			$	0.011578		$	0.003116			$	0.082391
9/22/2022	10/6/2022			$	0.410000			$	0.316031			$	0.011578		$	0.003116			$	0.082391
Totals				$	1.640000			$	1.264124			$	0.046312		$	0.012464			$	0.329564

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 December 31, 2022, the Company’s portfolio included 1,039 freestanding properties located in 38 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 the total dividend distribution for Getty Realty Corp. in 2022?

The total dividend distribution for Getty Realty Corp. (GTY) in 2022 is $1.640000 per share.

What portion of the dividend from Getty Realty Corp. is considered ordinary income?

For the 2022 dividends, $1.264124 per share is classified as ordinary income.

When were the dividends for Getty Realty Corp. declared and paid?

The dividends for Getty Realty Corp. were declared on various dates, with the first payable on January 6, 2022.

How many properties does Getty Realty Corp. own as of December 2022?

As of December 31, 2022, Getty Realty Corp. owns 1,039 properties located in 38 states and Washington, D.C.

What is the stock symbol for Getty Realty Corp.?

The stock symbol for Getty Realty Corp. is GTY.