Innovative Industrial Properties Announces Tax Treatment of 2024 Distributions
Innovative Industrial Properties (NYSE: IIPR) has disclosed the tax treatment of its 2024 distributions for both common stock and Series A preferred stock. For common stock, the total distribution per share for 2024 is $9.34, with $7.44 allocable to 2024 as taxable ordinary dividends. The distribution schedule includes quarterly payments ranging from $1.82 to $1.90 per share.
For the 9.00% Series A Cumulative Redeemable Preferred Stock, quarterly distributions of $0.5625 per share total $2.25 for 2024, all classified as taxable ordinary dividends. The December 31, 2024 common stock distribution will be split between 2024 ($0.83) and 2025 ($1.07) for tax purposes. No foreign taxes were incurred in 2024.
Innovative Industrial Properties (NYSE: IIPR) ha comunicato il trattamento fiscale delle sue distribuzioni per il 2024, sia per le azioni ordinarie che per le azioni privilegiate di Serie A. Per le azioni ordinarie, la distribuzione totale per azione per il 2024 è di $9.34, con $7.44 allocati al 2024 come dividendi ordinari tassabili. Il piano di distribuzione prevede pagamenti trimestrali che variano da $1.82 a $1.90 per azione.
Per le azioni privilegiate cumulative rimborsabili di Serie A al 9.00%, le distribuzioni trimestrali di $0.5625 per azione ammontano a $2.25 per il 2024, tutte classificate come dividendi ordinari tassabili. La distribuzione delle azioni ordinarie del 31 dicembre 2024 sarà suddivisa tra il 2024 ($0.83) e il 2025 ($1.07) ai fini fiscali. Non sono state sostenute tasse estere nel 2024.
Innovative Industrial Properties (NYSE: IIPR) ha divulgado el tratamiento fiscal de sus distribuciones para 2024, tanto para las acciones comunes como para las acciones preferentes Serie A. Para las acciones comunes, la distribución total por acción para 2024 es de $9.34, con $7.44 asignados a 2024 como dividendos ordinarios sujetos a impuestos. El calendario de distribución incluye pagos trimestrales que varían de $1.82 a $1.90 por acción.
Para las acciones preferentes acumulativas redeembles Serie A al 9.00%, las distribuciones trimestrales de $0.5625 por acción totalizan $2.25 para 2024, todas clasificadas como dividendos ordinarios sujetos a impuestos. La distribución de acciones comunes del 31 de diciembre de 2024 se dividirá entre 2024 ($0.83) y 2025 ($1.07) para fines fiscales. No se incurrieron impuestos extranjeros en 2024.
Innovative Industrial Properties (NYSE: IIPR)는 2024년 일반 주식 및 A형 우선주 배당의 세금 처리를 공개했습니다. 일반 주식의 경우 2024년 주당 총 배당금은 $9.34이며, 그 중 $7.44는 2024년 과세 일반 배당금으로 배정됩니다. 배당 지급 일정은 주당 $1.82에서 $1.90 사이의 분기별 지급을 포함합니다.
9.00% A형 누적 환매 우선주의 경우, 주당 $0.5625의 분기별 배당금은 2024년 총 $2.25로, 모두 과세 일반 배당금으로 분류됩니다. 2024년 12월 31일의 일반 주식 배당금은 세금 목적을 위해 2024년 ($0.83)과 2025년 ($1.07)으로 나뉩니다. 2024년에는 외국 세금이 발생하지 않았습니다.
Innovative Industrial Properties (NYSE: IIPR) a divulgué le traitement fiscal de ses distributions pour 2024, tant pour les actions ordinaires que pour les actions privilégiées de série A. Pour les actions ordinaires, la distribution totale par action pour 2024 est de $9.34, dont $7.44 est attribuable à 2024 en tant que dividendes ordinaires imposables. Le calendrier des distributions comprend des paiements trimestriels allant de 1,82 $ à 1,90 $ par action.
Pour les actions privilégiées cumulatives rachetables de série A à 9,00 %, les distributions trimestrielles de $0.5625 par action totalisent $2.25 pour 2024, toutes classées comme dividendes ordinaires imposables. La distribution des actions ordinaires du 31 décembre 2024 sera répartie entre 2024 (0,83 $) et 2025 (1,07 $) à des fins fiscales. Aucune taxe étrangère n'a été encourue en 2024.
Innovative Industrial Properties (NYSE: IIPR) hat die steuerliche Behandlung seiner Ausschüttungen für 2024 sowohl für Stammaktien als auch für Serien-A-Vorzugsaktien bekannt gegeben. Für Stammaktien beträgt die Gesamtausschüttung pro Aktie für 2024 $9.34, wobei $7.44 auf 2024 als steuerpflichtige ordentliche Dividenden entfallen. Der Ausschüttungszeitplan umfasst vierteljährliche Zahlungen zwischen $1.82 und $1.90 pro Aktie.
Für die 9,00% Serie-A-Kumulierten Rückkaufvorzugsaktien betragen die vierteljährlichen Ausschüttungen von $0.5625 pro Aktie insgesamt $2.25 für 2024, die alle als steuerpflichtige ordentliche Dividenden klassifiziert werden. Die Ausschüttung der Stammaktien zum 31. Dezember 2024 wird aus steuerlichen Gründen auf 2024 ($0.83) und 2025 ($1.07) aufgeteilt. Es wurden im Jahr 2024 keine ausländischen Steuern erhoben.
- Consistent quarterly dividend payments throughout 2024
- Increased common stock dividend from $1.82 to $1.90 per share in mid-2024
- Stable preferred stock quarterly distributions of $0.5625 per share
- None.
Insights
The tax treatment disclosure reveals important insights about IIPR's financial health and shareholder returns. The common stock quarterly distribution showed an upward trajectory, increasing from
The classification of all distributions as ordinary taxable dividends, rather than return of capital, indicates that IIPR's earnings fully covered its distributions - a positive sign of operational strength. For investors, the Section 199A qualification is particularly valuable, as it enables individual taxpayers to deduct up to
The preferred stock's consistent quarterly payments of
The total distribution yield remains competitive within the REIT sector, particularly considering the full dividend coverage from earnings and the tax-advantaged nature of the payments. This tax treatment announcement confirms IIPR's ability to maintain its position as a reliable income-generating vehicle while adhering to REIT distribution requirements.
Security Description: Common Stock
CUSIP: 45781V101
Ticker Symbol: IIPR
Record
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Payable
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Total
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Allocable
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Taxable
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Return of
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Long-Term
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Unrecaptured
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Section
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12/29/2023 |
01/12/2024 |
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03/28/2024 |
04/15/2024 |
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06/28/2024 |
07/15/2024 |
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09/30/2024 |
10/15/2024 |
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12/31/2024 |
01/15/2025 |
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Totals |
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Security Description:
CUSIP: 45781V200
Ticker Symbol: IIPR PR A
Record
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Payable
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Total
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Allocable
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Taxable
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Return of
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Long-Term
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Unrecaptured
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Section
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03/28/2024 |
04/15/2024 |
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06/28/2024 |
07/15/2024 |
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09/30/2024 |
10/15/2024 |
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12/31/2024 |
01/15/2025 |
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Totals |
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(1) |
These amounts are a subset of, and included in, Long-Term Capital Gain amounts. |
(2) |
These amounts are a subset of, and included in, Taxable Ordinary Dividend amounts. |
The common stock distribution with a record date of December 31, 2024 will be a split-year distribution, with
As previously disclosed by IIP on January 26, 2024 in its press release announcing the tax treatment of 2023 dividends, the common stock distribution with a record date of December 29, 2023 was a split-year distribution, with
IIP did not incur any foreign taxes in 2024. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of IIP’s distributions.
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a self-advised
View source version on businesswire.com: https://www.businesswire.com/news/home/20250127494921/en/
Company Contact:
David Smith
Chief Financial Officer
Innovative Industrial Properties, Inc.
(858) 997-3332
Source: Innovative Industrial Properties, Inc.
FAQ
What is IIPR's total dividend distribution per share for common stock in 2024?
How much is IIPR's quarterly preferred stock dividend payment in 2024?
When did IIPR increase its common stock dividend in 2024?
How is IIPR's December 31, 2024 dividend split for tax purposes?
