NETSTREIT Corp. Announces 2021 Tax Treatment of Distributions

Rhea-AI Summary

NETSTREIT Corp. (NTST) announced the 2021 tax treatment for its common stock distributions. Shareholders will receive total distributions of $0.200 per share on four key dates throughout the year, starting from March 30, 2021. Of this total, 38.7388% will be classified as ordinary dividends, while 61.2612% will be non-dividend distributions. Shareholders are advised to consult their tax advisors for specific implications. NETSTREIT focuses on acquiring high-quality single-tenant net lease retail properties, aimed at generating consistent cash flows and dividends.

Positive

• Total distribution of $0.200 per share for 2021, consistent across four payment dates.
• High percentage of distributions categorized as ordinary dividends (38.7388%).
• Company specializes in acquiring quality retail properties leased to financially stable tenants.

Negative

• None.

DALLAS--(BUSINESS WIRE)-- NETSTREIT Corp. (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today announced the 2021 tax treatment of the Company’s common stock distributions, as described below.

CUSIP: 64119V303

Record Date	Payable Date	Total Distribution per Share	Ordinary Dividends	Non-Dividend Distributions	Total
03/15/2021	3/30/2021	$0.200	38.7388%	61.2612%	100.0000%
06/01/2021	06/15/2021	$0.200	38.7388%	61.2612%	100.0000%
09/01/2021	09/15/2021	$0.200	38.7388%	61.2612%	100.0000%
12/01/2021	12/15/2021	$0.200	38.7388%	61.2612%	100.0000%

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions.

About NETSTREIT

NETSTREIT is a Real Estate Investment Trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets. Led by a management team of seasoned commercial real estate executives, NETSTREIT aims to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118005278/en/

Investor Relations

ir@netstreit.com

972-597-4825

Source: NETSTREIT Corp.

FAQ

What is the total distribution per share for NETSTREIT in 2021?

NETSTREIT announced a total distribution of $0.200 per share for 2021.

What percentage of NETSTREIT's 2021 distribution is classified as ordinary dividends?

The percentage classified as ordinary dividends is 38.7388%.

When will NETSTREIT distribute its common stock payments in 2021?

NETSTREIT's common stock payments will be made on March 30, June 15, September 15, and December 15, 2021.

What should NETSTREIT shareholders do regarding tax treatment of distributions?

Shareholders are encouraged to consult their personal tax advisors regarding the tax treatment of NETSTREIT's distributions.