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Industrial Logistics Properties Trust Announces 2024 Dividend Allocation

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Industrial Logistics Properties Trust (ILPT) has announced its dividend allocation for 2024. The company will distribute quarterly dividends of $0.01 per share, totaling $0.04 per share for the year. The dividends are scheduled for payment on February 15, May 16, August 15, and November 14, 2024.

The entire dividend amount of $0.04 per share is categorized as Return of Capital for tax purposes, with no allocation to Ordinary Income, Section 199A Dividend, Qualified Dividend, Capital Gain, or Unrecaptured Section 1250 Gain categories.

Industrial Logistics Properties Trust (ILPT) ha annunciato la distribuzione dei dividendi per il 2024. L'azienda distribuirà dividendi trimestrali di 0,01 dollari per azione, per un totale di 0,04 dollari per azione per l'anno. I dividendi sono programmati per il pagamento il 15 febbraio, il 16 maggio, il 15 agosto e il 14 novembre 2024.

L'intero ammontare del dividendo di 0,04 dollari per azione è classificato come Ritorno di Capitale ai fini fiscali, senza alcuna suddivisione a Reddito Ordinario, Dividendo ai sensi della Sezione 199A, Dividendo Qualificato, Guadagno da Capitale o Guadagno Sezione 1250 non recuperato.

Industrial Logistics Properties Trust (ILPT) ha anunciado su asignación de dividendos para 2024. La empresa distribuirá dividendos trimestrales de $0.01 por acción, sumando $0.04 por acción en total para el año. Los dividendos están programados para pagarse el 15 de febrero, el 16 de mayo, el 15 de agosto y el 14 de noviembre de 2024.

El monto total del dividendo de $0.04 por acción se clasifica como retorno de capital a efectos fiscales, sin asignación a ingresos ordinarios, dividendo según la Sección 199A, dividendo calificado, ganancia de capital o ganancia no recuperada de la Sección 1250.

산업 물류 자산 신탁(ILPT)가 2024년 배당금 할당을 발표했습니다. 회사는 주당 0.01달러의 분기 배당금을 지급하며, 연간 총 주당 0.04달러에 해당합니다. 배당금 지급은 2024년 2월 15일, 5월 16일, 8월 15일, 11월 14일로 예정되어 있습니다.

전체 배당금 총액인 주당 0.04달러는 세금 목적상 자본 환수(Return of Capital)로 분류되며, 일반 소득, 섹션 199A 배당금, 적격 배당금, 자본 이득 또는 사용되지 않은 섹션 1250 이득으로 할당되지 않습니다.

Industrial Logistics Properties Trust (ILPT) a annoncé son allocation de dividendes pour 2024. L'entreprise distribuera des dividendes trimestriels de 0,01 $ par action, totalisant 0,04 $ par action pour l'année. Les dividendes sont prévus pour paiement le 15 février, le 16 mai, le 15 août et le 14 novembre 2024.

Le montant total du dividende de 0,04 $ par action est classé comme retour de capital à des fins fiscales, sans aucune allocation à un revenu ordinaire, un dividende de la section 199A, un dividende qualifié, un gain en capital ou un gain non récupéré de la section 1250.

Industrial Logistics Properties Trust (ILPT) hat die Dividendenverteilung für 2024 bekanntgegeben. Das Unternehmen wird vierteljährliche Dividenden von 0,01 $ pro Aktie ausschütten, was insgesamt 0,04 $ pro Aktie für das Jahr ergibt. Die Auszahlung der Dividenden ist für den 15. Februar, 16. Mai, 15. August und 14. November 2024 vorgesehen.

Der gesamte Dividendenbetrag von 0,04 $ pro Aktie wird aus steuerlichen Gründen als Rückzahlung des Kapitals eingestuft, ohne Zuweisung zu sonstigen Einkünften, Dividendeneinnahmen gemäß Abschnitt 199A, qualifizierten Dividenden, Kapitalgewinnen oder nicht realisierten Gewinnen gemäß Abschnitt 1250.

Positive
  • Consistent quarterly dividend payments throughout 2024
  • Clear tax treatment as Return of Capital, which can be tax-advantaged for shareholders
Negative
  • Low dividend amount of only $0.01 per share quarterly ($0.04 annually)
  • Zero allocation to ordinary income or capital gains suggests potential earnings challenges

NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that the characterization of dividends for 2024 income tax reporting purposes is as follows:

ILPT 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

01/11/24

01/22/24

02/15/24

$0.01

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0100

04/11/24

04/22/24

05/16/24

$0.01

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0100

07/11/24

07/22/24

08/15/24

$0.01

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0100

10/16/24

10/28/24

11/14/24

$0.01

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0100

TOTALS:

$0.04

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0400

 

 

 

 

 

 

 

 

 

 

(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. For additional information regarding the effect on the tax basis of ILPT shares, please see Form(s) 8937 published on the ILPT website: https://www.ilptreit.com/investors/stock-information/distributions/default.aspx

About Industrial Logistics Properties Trust

Industrial Logistics Properties Trust (Nasdaq: ILPT) is a real estate investment trust focused on owning and leasing high quality distribution and logistics properties. As of September 30, 2024, ILPT’s portfolio consisted of 411 properties containing approximately 59.9 million rentable square feet located in 39 states. Approximately 77% of ILPT’s annual rental revenues as of September 30, 2024 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 nearly $41 billion in assets under management as of September 30, 2024 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 www.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.

Tim Bonang

(617) 219-1489

Source: Industrial Logistics Properties Trust

FAQ

What is ILPT's dividend payment schedule for 2024?

ILPT will pay quarterly dividends of $0.01 per share on February 15, May 16, August 15, and November 14, 2024.

How much is ILPT's total dividend distribution for 2024?

ILPT's total dividend distribution for 2024 is $0.04 per share, paid in four quarterly installments of $0.01 each.

What is the tax classification of ILPT's 2024 dividends?

ILPT's 2024 dividends are classified entirely as Return of Capital, with no allocation to ordinary income, qualified dividends, or capital gains.

When are the record dates for ILPT's 2024 dividends?

The record dates for ILPT's 2024 dividends are January 22, April 22, July 22, and October 28.

What is the CUSIP number for ILPT's common shares?

The CUSIP number for ILPT's common shares is 456237106.

Industrial Logistics Properties Trust Common Shares of Beneficial Interest

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