National Storage Affiliates Trust Announces Tax Treatment of 2020 Distributions
National Storage Affiliates Trust (NSA) has announced the tax treatment of its 2020 distributions for common and preferred shareholders. For common shares, total distributions reached $1.35 per share, with ordinary dividends of $0.991288 and non-dividend distributions of $0.358712. For preferred shares, distributions totaled $1.50 per share, consisting entirely of ordinary dividends. NSA advises shareholders to consult tax advisors regarding tax implications. The company, a major player in self-storage, operates 788 properties across 35 states and Puerto Rico.
- Total distributions for common shares amounted to $1.35, indicating a stable payout.
- Preferred shares received a total of $1.50 per share, reflecting consistent dividend payment.
- None.
National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced the tax treatment of its 2020 distributions on its Common Shares of Beneficial Interest (CUSIP Number 637870106) and its
For the tax year ended December 31, 2020, distributions to NSA’s common shareholders were classified as follows:
Declaration Date |
Record Date |
Payment Date |
Total Distribution Per Share |
Ordinary
Dividends
|
Non-dividend
|
2/20/2020 |
3/13/2020 |
3/31/2020 |
|
|
|
5/21/2020 |
6/15/2020 |
6/30/2020 |
|
|
|
8/20/2020 |
9/15/2020 |
9/30/2020 |
|
|
|
11/12/2020 |
12/15/2020 |
12/31/2020 |
|
|
|
Totals for 2020 |
|
|
|
||
For the tax year ended December 31, 2020, distributions to NSA’s preferred shareholders were classified as follows:
Declaration Date |
Record Date |
Payment Date |
Total Distribution Per Share |
Ordinary
Dividends
|
Non-dividend
|
2/20/2020 |
3/13/2020 |
3/31/2020 |
|
|
|
5/21/2020 |
6/15/2020 |
6/30/2020 |
|
|
|
8/20/2020 |
9/15/2020 |
9/30/2020 |
|
|
|
11/12/2020 |
12/15/2020 |
12/31/2020 |
|
|
|
Totals for 2020 |
|
|
|
||
The ordinary dividends in the tables above are “qualified REIT dividends” for purposes of Internal Revenue Code section 199A, reported in Box 5 of Form 1099-DIV.
NSA recommends its shareholders consult their individual tax advisors should there be any related questions regarding the above tables.
Upcoming Industry Conference
NSA management is scheduled to participate in Citi’s 2021 Virtual Global Property CEO Conference, March 8 – 11, 2021.
About National Storage Affiliates Trust
National Storage Affiliates Trust is a real estate investment trust headquartered in Denver, Colorado, focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2020, the Company held ownership interests in and operated 788 self storage properties located in 35 states and Puerto Rico with approximately 49.5 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. For more information, please visit the Company’s website at www.nationalstorageaffiliates.com. NSA is included in the MSCI US REIT Index (RMS/RMZ), the Russell 2000 Index of Companies and the S&P SmallCap 600 Index.
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FAQ
What was the total distribution per common share for NSA in 2020?
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What does NSA recommend to its shareholders regarding tax treatment?
