CORRECTING and REPLACING Industrial Logistics Properties Trust Announces 2021 Dividend Allocation

NEWTON, Mass.--(BUSINESS WIRE)-- Total of Unrecaptured Section 1250 Gain should read: $ 0.0576.

The updated release reads: 

INDUSTRIAL LOGISTICS PROPERTIES TRUST ANNOUNCES 2021 DIVIDEND ALLOCATION

Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that the characterization of dividends for 2021 income tax reporting purposes is as follows:

Common Shares
											Dividend Allocation
											Per Share
										Section					Total		Unrecaptured
Declaration		Record		Paid/Payable		Dividends		Ordinary		199A			Qualified		Capital		Section 1250		Return of
Dates		Dates		Dates		Per Share		Income		Dividend(1)			Dividend(2)		Gain		Gain(3)		Capital
01/14/21		01/25/21		02/18/21		$0.33		$ 0.3075		$ 0.3075			$ 0.0000		$ 0.0225		$ 0.0144		$ 0.0000
04/15/21		04/26/21		05/20/21		$0.33		$ 0.3075		$ 0.3075			$ 0.0000		$ 0.0225		$ 0.0144		$ 0.0000
07/15/21		07/26/21		08/19/21		$0.33		$ 0.3075		$ 0.3075			$ 0.0000		$ 0.0225		$ 0.0144		$ 0.0000
10/14/21		10/25/21		11/18/21		$0.33		$ 0.3075		$ 0.3075			$ 0.0000		$ 0.0225		$ 0.0144		$ 0.0000
				TOTALS:		$1.32		$ 1.2300		$ 1.2300			$ 0.0000		$ 0.0900		$ 0.0576		$ 0.0000

(1)	Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.
(2)	Qualified Dividends are a subset of, and included in, the Ordinary Income amount.
(3)	Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.

ILPT’s common share CUSIP number is 456237106. This information represents final income allocations.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV.

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust, or REIT, focused on owning and leasing high quality distribution and logistics properties that serve the growing needs of e-commerce. ILPT’s portfolio consists of approximately 290 properties containing 34 million rentable square feet in 30 states. Approximately 70% of ILPT’s annual rental revenues are derived from investment grade tenants, tenants that are subsidiaries of investment grade rated entities or Hawaii land leases. ILPT is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with more than $32 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. ILPT is headquartered in Newton, MA. For more information, visit ilptreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118006184/en/

Kevin Barry, Director, Investor Relations

(617) 658-0776

www.ilptreit.com

Source: Industrial Logistics Properties Trust