STOCK TITAN

Orion Office REIT Inc. Announces Tax Treatment of 2024 Dividends

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Orion Office REIT (NYSE: ONL) has disclosed the tax treatment of its 2024 dividends for common stockholders. The company, which specializes in single-tenant net lease office properties across the United States, will distribute $0.10 per share quarterly throughout 2024, with payments scheduled for January 16, April 15, July 15, and October 15.

All quarterly distributions are classified as nondividend distributions (Box 3 on Form 1099-DIV), with no amounts qualifying as ordinary dividends (Box 1a) or capital gain distributions (Box 2a). The company notes that the dividend declared in November 2024 and paid in January 2025 will be reported in the 2025 tax year.

Orion Office REIT (NYSE: ONL) ha comunicato il trattamento fiscale dei dividendi per il 2024 per gli azionisti comuni. L'azienda, specializzata in proprietà per uffici con contratto di locazione netto e ad unico locatario negli Stati Uniti, distribuirà $0,10 per azione trimestralmente durante il 2024, con pagamenti programmati per il 16 gennaio, il 15 aprile, il 15 luglio e il 15 ottobre.

Tutte le distribuzioni trimestrali sono classificate come distribuzioni non da dividendi (Casella 3 sul Modulo 1099-DIV), senza importi che qualificano come dividendi ordinari (Casella 1a) o distribuzioni di guadagno in capitale (Casella 2a). L'azienda segnala che il dividendo dichiarato nel novembre 2024 e pagato nel gennaio 2025 verrà riportato nell'anno fiscale 2025.

Orion Office REIT (NYSE: ONL) ha revelado el tratamiento fiscal de sus dividendos para 2024 dirigidos a los accionistas comunes. La compañía, que se especializa en propiedades de oficina con alquiler neto de inquilinos únicos en los Estados Unidos, distribuirá $0.10 por acción trimestralmente durante 2024, con pagos programados para el 16 de enero, 15 de abril, 15 de julio y 15 de octubre.

Todas las distribuciones trimestrales se clasifican como distribuciones no de dividendos (Caja 3 en el Formulario 1099-DIV), sin que haya importes que califiquen como dividendos ordinarios (Caja 1a) o distribuciones de ganancias de capital (Caja 2a). La empresa menciona que el dividendo declarado en noviembre de 2024 y pagado en enero de 2025 se reportará en el año fiscal 2025.

오리온 오피스 REIT (NYSE: ONL)는 일반 주주를 위한 2024년 배당금의 세금 처리 방법을 공개했습니다. 미국 내 단일 임대자 네트 리스 오피스 부동산에 전문화된 이 회사는 2024년 동안 분기마다 주당 $0.10을 배당할 예정이며, 지급 예정일은 1월 16일, 4월 15일, 7월 15일, 10월 15일입니다.

모든 분기 배당금은 비배당 배당금 (1099-DIV 양식의 3번 박스)로 분류되며, 일반 배당금(1a 박스) 또는 자본 이익 배당금(2a 박스)으로 자격이 있는 금액은 없습니다. 회사는 2024년 11월에 선언되고 2025년 1월에 지급되는 배당금은 2025 회계 연도에 보고될 것이라고 언급합니다.

Orion Office REIT (NYSE: ONL) a divulgué le traitement fiscal de ses dividendes pour l'année 2024 destinés aux actionnaires ordinaires. L'entreprise, spécialisée dans les propriétés de bureaux à locataire unique à bail net aux États-Unis, distribuera $0,10 par action chaque trimestre tout au long de 2024, avec des paiements prévus le 16 janvier, le 15 avril, le 15 juillet et le 15 octobre.

Toutes les distributions trimestrielles sont classées comme distributions non-dividendes (Case 3 sur le formulaire 1099-DIV), sans montants qualifiant comme dividendes ordinaires (Case 1a) ou distributions de gains en capital (Case 2a). L'entreprise fait remarquer que le dividende déclaré en novembre 2024 et payé en janvier 2025 sera reporté dans l'année fiscale 2025.

Orion Office REIT (NYSE: ONL) hat die steuerliche Behandlung seiner Dividenden für das Jahr 2024 für Stammaktionäre offengelegt. Das Unternehmen, das sich auf Einzelmieter-Netzliegenschaften in den Vereinigten Staaten spezialisiert hat, wird im Jahr 2024 vierteljährlich 0,10 USD pro Aktie auszahlen, mit Zahlungen, die für den 16. Januar, den 15. April, den 15. Juli und den 15. Oktober geplant sind.

Alle vierteljährlichen Ausschüttungen werden als nicht-dividenden Ausschüttungen (Box 3 auf dem Formular 1099-DIV) klassifiziert, ohne dass Beträge als ordentliche Dividenden (Box 1a) oder Kapitalgewinnausschüttungen (Box 2a) qualifizieren. Das Unternehmen weist darauf hin, dass die im November 2024 erklärte Dividende, die im Januar 2025 ausgezahlt wird, im Steuerjahr 2025 gemeldet wird.

Positive
  • Consistent quarterly dividend payments of $0.10 per share maintained throughout 2024
  • Regular dividend schedule provides predictable income stream for shareholders
Negative
  • Distributions classified entirely as return of capital (nondividend distributions) rather than qualified dividends, which may have less favorable tax implications for some investors

PHOENIX--(BUSINESS WIRE)-- Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the United States, announced today the income tax classification of its 2024 dividends for the Company’s common stock (“Common Stock”).

Dividend Classification

The table below summarizes the income tax classification of the dividends paid and the corresponding box number on the 2024 Form 1099-DIV. Stockholders are encouraged to consult with their tax advisors as to their specific treatment of ONL dividends.

ONL Common Stock | CUSIP: 68629Y103

Record Date

Date Paid

Distribution per
Share

Ordinary Dividends
(Box 1a)

Capital Gain
Distribution (Box 2a)

Nondividend
Distributions (Box 3)

December 29, 2023

January 16, 2024

$0.10

$0.00

$0.00

$0.10

March 29, 2024

April 15, 2024

$0.10

$0.00

$0.00

$0.10

June 28, 2024

July 15, 2024

$0.10

$0.00

$0.00

$0.10

September 30, 2024

October 15, 2024

$0.10

$0.00

$0.00

$0.10

Stockholders should be aware that the 2024 dividend classification does not include the Common Stock dividend declared in November 2024 and paid in January 2025. This dividend will be reportable in 2025.

About Orion Office REIT Inc.

Orion Office REIT Inc. is an internally-managed real estate investment trust engaged in the ownership, acquisition and management of a diversified portfolio of office properties located in high-quality suburban markets across the United States and leased primarily on a single-tenant net lease basis to creditworthy tenants. Our portfolio is comprised of traditional office properties, as well as governmental office, medical office, flex/laboratory and R&D and flex/industrial properties. The Company was founded on July 1, 2021, spun-off from Realty Income (NYSE: O) on November 12, 2021 and began trading on the New York Stock Exchange on November 15, 2021. The Company is headquartered in Phoenix, Arizona and has an office in New York, New York. For additional information on the Company and its properties, please visit onlreit.com.

Investor Relations:

Email: investors@onlreit.com

Phone: 602-675-0338

Source: Orion Office REIT Inc.

FAQ

What is the quarterly dividend amount for Orion Office REIT (ONL) in 2024?

Orion Office REIT (ONL) pays a quarterly dividend of $0.10 per share in 2024.

What are the payment dates for ONL's 2024 dividends?

ONL's 2024 dividends are paid on January 16, April 15, July 15, and October 15, 2024.

How are ONL's 2024 dividends classified for tax purposes?

ONL's 2024 dividends are classified as nondividend distributions (Box 3 on Form 1099-DIV), with no ordinary dividends or capital gain distributions.

When will ONL's January 2025 dividend payment be reported for tax purposes?

The dividend declared in November 2024 and paid in January 2025 will be reported in the 2025 tax year.

Realty Income Corporation

NYSE:O

O Rankings

O Latest News

O Stock Data

47.65B
874.33M
0.1%
81.03%
1.71%
REIT - Retail
Real Estate Investment Trusts
Link
United States of America
SAN DIEGO