Public Storage Announces Tax Treatment of 2024 Dividends
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2024 |
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Ordinary Dividends |
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Capital Gain Distributions |
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The ordinary dividends are not “qualified dividend income.” For shareholders other than corporations, the ordinary dividends are “qualified REIT dividends” in determining qualified business income.
This release is based on the preliminary results of work on the Company’s tax filings and is subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company’s distributions. No material change in the classification is expected.
If you have questions, please consult your tax advisor for further guidance.
Company Information
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2024, we: (i) owned and/or operated 3,333 self-storage facilities located in 40 states with approximately 241 million net rentable square feet in
Additional information about Public Storage is available on the Company’s website.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250123842674/en/
Ryan Burke
(818) 244-8080, Ext. 1141
Source: Public Storage