NETSTREIT Corp. Announces 2022 Tax Treatment of Distributions

Rhea-AI Summary

NETSTREIT Corp. (NYSE:NTST) announced the tax treatment for its 2022 common stock distributions. Shareholders will receive a dividend of $0.2000 per share on several key dates throughout 2022. The record dates are March 15, June 1, September 1, and December 1, with payments made shortly after these dates. The ordinary dividends amount to $0.1692 per share, while various capital gains are outlined, including a 20% Capital Gain Rate. Shareholders are advised to consult tax professionals regarding this treatment.

Positive

• Regular dividends maintained at $0.2000 per share.
• Ordinary dividends of $0.1692 per share indicate stable income for investors.

Negative

• None.

DALLAS--(BUSINESS WIRE)-- NETSTREIT Corp. (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today announced the 2022 tax treatment of the Company’s common stock distributions, as described below.

CUSIP: 64119V303

Record Date	Payable Date	Rate per Share		Ordinary Dividends		Qualified Dividends (Amount included in Ordinary Dividends)		Section 199A Dividends (Amount included in Ordinary Dividends)			Total Capital Gain Distribution		20% Capital Gain Rate		Unrecaptured Section 1250 Gain		Section 897 Capital Gain		Non-Dividend Distributions
03/15/22	03/30/22	$	0.2000	$	0.1692	$	0.0074	$	0.1618		$	0.0094	$	0.0036	$	0.0058	$	0.0094	$	0.0214
06/01/22	06/15/22	$	0.2000	$	0.1692	$	0.0074	$	0.1618		$	0.0094	$	0.0036	$	0.0058	$	0.0094	$	0.0214
09/01/22	09/15/22	$	0.2000	$	0.1692	$	0.0074	$	0.1618		$	0.0094	$	0.0036	$	0.0058	$	0.0094	$	0.0214
12/01/22	12/15/22	$	0.2000	$	0.1692	$	0.0074	$	0.1618		$	0.0094	$	0.0036	$	0.0058	$	0.0094	$	0.0214

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 an internally managed 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's strategy is 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/20230119005767/en/

Investor Relations

ir@netstreit.com

972-597-4825

Source: NETSTREIT

FAQ

What is the dividend rate announced by NETSTREIT Corp. (NTST) for 2022?

NETSTREIT Corp. announced a dividend rate of $0.2000 per share for 2022.

When are the record dates for NETSTREIT Corp. (NTST) dividends in 2022?

The record dates for dividends are March 15, June 1, September 1, and December 1, 2022.

What should shareholders know about the tax treatment of NETSTREIT Corp. (NTST) distributions?

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

What are the ordinary and qualified dividends for NETSTREIT Corp. (NTST) in 2022?

The ordinary dividend per share is $0.1692, with additional tax-related amounts specified in the announcement.

What is the 20% Capital Gain Rate mentioned in the NETSTREIT Corp. (NTST) press release?

The 20% Capital Gain Rate refers to the tax rate applicable to certain capital gain distributions as outlined in the company's announcement.