Tremont Mortgage Trust Announces 2020 Dividend Allocation

Rhea-AI Summary

Tremont Mortgage Trust (Nasdaq: TRMT) has provided tax reporting details for dividends paid in 2020. Total dividends allocated are $0.7800 per share, with significant components classified as ordinary income. Key dividend dates include declaration on January 16, 2020, record on January 27, 2020, and payable on February 20, 2020, with a notable payment of $0.5300 on January 15, 2021. Investors should refer to IRS Form 1099-DIV for accurate tax reporting.

Positive

• $0.7800 total dividends per share for 2020.
• $0.5300 dividend payment may indicate confidence in cash flow.

Negative

• None.

Tremont Mortgage Trust (Nasdaq: TRMT) today announced that the characterization of dividends for 2020 income tax reporting purposes is as follows:

Common Shares

										Dividend Allocation Per Share
Declaration Dates		Record Dates		Paid/Payable Dates		Dividends Per Share		Ordinary Income		Section 199A Dividend(1)		Qualified Dividend(2)		Total Capital Gain		Unrecaptured Section 1250 Gain(3)		Return of Capital
01/16/20		01/27/20		02/20/20		$0.2200		$0.2200		$0.2200		$0.0000		$0.0000		$0.0000		$0.0000
03/31/20		04/10/20		05/21/20		$0.0100		$0.0100		$0.0100		$0.0000		$0.0000		$0.0000		$0.0000
07/16/20		07/27/20		08/20/20		$0.0100		$0.0100		$0.0100		$0.0000		$0.0000		$0.0000		$0.0000
10/15/20		10/26/20		11/19/20		$0.0100		$0.0100		$0.0100		$0.0000		$0.0000		$0.0000		$0.0000
12/07/20		12/17/20		01/15/21		$0.5300		$0.5300		$0.5300		$0.0000		$0.0000		$0.0000		$0.0000
				TOTALS:		$0.7800		$0.7800		$0.7800		$0.0000		$0.0000		$0.0000		$0.0000

(1) Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.

(2) Qualified Dividends are a subset of, and included in, the Ordinary Income amount.

(3) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.

TRMT’s common share CUSIP number is 894789106. This information represents final income allocations.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV.

Tremont Mortgage Trust (Nasdaq: TRMT) is a real estate finance company that focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate. Tremont Mortgage Trust is managed by Tremont Realty Advisors LLC, an SEC registered investment adviser, which is an indirect subsidiary of The RMR Group Inc.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005942/en/

FAQ

What are the total dividends paid by TRMT in 2020?

Tremont Mortgage Trust paid a total of $0.7800 in dividends per share for 2020.

When was the last dividend payment made by TRMT?

The last dividend payment of $0.5300 was made on January 15, 2021.

What tax reporting details should TRMT shareholders be aware of?

Shareholders should refer to IRS Form 1099-DIV for accurate tax reporting of dividends.

What are the key dividend dates for TRMT in 2020?

Key dates include declaration on January 16, record on January 27, and payable on February 20, 2020.