Starwood Property Trust Announces Tax Reporting Information

Rhea-AI Summary

Starwood Property Trust (NYSE: STWD) announced the tax treatment for its 2020 distributions on January 26, 2021. The total distribution per share for the year was $1.9121, with ordinary dividends accounting for $1.5392. Notably, the fourth quarter of 2020 saw a distribution of $0.0000 due to tax earnings adjustments. Starwood has successfully deployed over $65 billion since inception and manages a portfolio valued at $17 billion, focusing on generating stable returns for shareholders through dividends.

Positive

• Total distributions per share for 2020 amounted to $1.9121.
• Ordinary dividend totaled $1.5392, indicating a robust return for shareholders.
• Starwood has a strong history, having deployed over $65 billion since its inception.

Negative

• The fourth quarter 2020 distribution was $0.0000, reflecting no taxable dividends.

GREENWICH, Conn., Jan. 26, 2021 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced the tax treatment for the Company's distributions on its common stock (CUSIP: 85571B105) paid with respect to the calendar year ended December 31, 2020:

Form 1099 Reference:		(Boxes 1a + 2a + 3)	Box 1a	Box 1b	Box 2a	Box 2b	Box 3	Box 5
Record Date	Payable Date	Total Distribution Per Share	Ordinary Taxable Dividend	Taxable Qualified Dividends (1)	Total Capital Gain Distribution	Unrecaptured 1250 Gain (2)	Nondividend Distributions (3)	Section 199A dividends (4)
12/31/2019*	1/15/2020	0.4721	0.3800	0.0482	0.0149	0.0015	0.0772	0.3318
3/31/2020	4/15/2020	0.4800	0.3864	0.0490	0.0151	0.0015	0.0785	0.3374
6/30/2020	7/15/2020	0.4800	0.3864	0.0490	0.0151	0.0015	0.0785	0.3374
9/30/2020	10/15/2020	0.4800	0.3864	0.0490	0.0151	0.0015	0.0785	0.3374
12/31/2020**	1/15/2021	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000
	Totals	1.9121	1.5392	0.1952	0.0602	0.0060	0.3127	1.3440
	(1)	Amounts in 1b are included in 1a
	(2)	Amounts in 2b are included in 2a
	(3)	Amounts in 3 are also known as Return of Capital
	(4)	Amounts in 5 are included in 1a

* The dividend with a record date of 12/31/2019, payable on 1/15/2020 represents the portion of the $0.48 per share fourth quarter 2019 dividend that exceeded 2019 tax earnings and thus was not included on the 2019 Form 1099-DIV.

**The fourth quarter distribution paid in January of 2021 will be treated as a 2021 distribution for federal tax purposes and is not included on the 2020 Form 1099.

About Starwood Property Trust, Inc.

Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $65 billion of capital since inception and manages a portfolio of over $17 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.

Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com

View original content:http://www.prnewswire.com/news-releases/starwood-property-trust-announces-tax-reporting-information-301215593.html

SOURCE Starwood Property Trust, Inc.

FAQ

What is the total distribution per share for STWD in 2020?

The total distribution per share for Starwood Property Trust (STWD) in 2020 was $1.9121.

What were the ordinary taxable dividends for STWD in 2020?

The ordinary taxable dividends for STWD in 2020 amounted to $1.5392 per share.

When was the announcement made regarding STWD's tax treatment for distributions?

The announcement regarding STWD's tax treatment for distributions was made on January 26, 2021.

How much capital has Starwood Property Trust deployed since its inception?

Starwood Property Trust has deployed over $65 billion of capital since its inception.

What was the distribution amount for the fourth quarter of 2020 for STWD?

The distribution amount for the fourth quarter of 2020 for STWD was $0.0000.