Veris Residential Announces Tax Treatment of 2024 Distributions
Veris Residential (NYSE: VRE) has announced the tax treatment of its 2024 distributions. The company's total distributions amounted to $0.235 per share of common stock, distributed across four payments throughout 2024:
- January 10: $0.053 per share
- April 16: $0.053 per share
- July 16: $0.060 per share
- October 16: $0.070 per share
All distributions are classified as Return of Capital for income tax purposes, with no portions classified as ordinary dividends, capital gains, unrecaptured Section 1250 gain, or Section 199A dividends. Shareholders are advised to consult with their tax advisors regarding the specific tax treatment of these distributions.
Veris Residential (NYSE: VRE) ha annunciato il trattamento fiscale delle sue distribuzioni per il 2024. Le distribuzioni totali dell'azienda ammontano a $0.235 per azione di azioni ordinarie, distribuite in quattro pagamenti nel corso del 2024:
- 10 gennaio: $0.053 per azione
- 16 aprile: $0.053 per azione
- 16 luglio: $0.060 per azione
- 16 ottobre: $0.070 per azione
Tutte le distribuzioni sono classificate come Rimborso di Capitale ai fini fiscali, senza porzioni classificate come dividendi ordinari, guadagni in conto capitale, guadagni non recuperati ai sensi della Sezione 1250 o dividendi della Sezione 199A. Si consiglia agli azionisti di consultare i propri consulenti fiscali riguardo al trattamento fiscale specifico di queste distribuzioni.
Veris Residential (NYSE: VRE) ha anunciado el tratamiento fiscal de sus distribuciones para 2024. El total de distribuciones de la compañía ascendió a $0.235 por acción de acciones ordinarias, distribuidas en cuatro pagos a lo largo de 2024:
- 10 de enero: $0.053 por acción
- 16 de abril: $0.053 por acción
- 16 de julio: $0.060 por acción
- 16 de octubre: $0.070 por acción
Todas las distribuciones se clasifican como Devolución de Capital a efectos fiscales, sin porciones clasificadas como dividendos ordinarios, ganancias de capital, ganancias no recuperadas bajo la Sección 1250 o dividendos de la Sección 199A. Se aconseja a los accionistas que consulten con sus asesores fiscales sobre el tratamiento fiscal específico de estas distribuciones.
Veris Residential (NYSE: VRE)는 2024년 분배에 대한 세금 처리를 발표했습니다. 회사의 총 분배는 주당 $0.235의 보통주로, 2024년 동안 네 번의 지급으로 분배됩니다:
- 1월 10일: 주당 $0.053
- 4월 16일: 주당 $0.053
- 7월 16일: 주당 $0.060
- 10월 16일: 주당 $0.070
모든 분배는 소득세 목적상 자본 환급으로 분류되며, 일반 배당금, 자본 이득, 회수되지 않은 섹션 1250 이득 또는 섹션 199A 배당금으로 분류된 부분은 없습니다. 주주들은 이러한 분배의 구체적인 세금 처리에 대해 세무 상담사와 상담할 것을 권장합니다.
Veris Residential (NYSE: VRE) a annoncé le traitement fiscal de ses distributions pour 2024. Le montant total des distributions de l'entreprise s'élève à 0,235 $ par action d'actions ordinaires, réparties sur quatre paiements tout au long de 2024 :
- 10 janvier : 0,053 $ par action
- 16 avril : 0,053 $ par action
- 16 juillet : 0,060 $ par action
- 16 octobre : 0,070 $ par action
Toutes les distributions sont classées comme Remboursement de Capital aux fins de l'impôt sur le revenu, sans portions classées comme dividendes ordinaires, gains en capital, gains non récupérés conformément à la section 1250 ou dividendes de la section 199A. Les actionnaires sont conseillés de consulter leurs conseillers fiscaux concernant le traitement fiscal spécifique de ces distributions.
Veris Residential (NYSE: VRE) hat die steuerliche Behandlung seiner Ausschüttungen für 2024 bekannt gegeben. Die Gesamtausschüttungen des Unternehmens betrugen 0,235 $ pro Aktie der Stammaktien, die in vier Zahlungen im Laufe des Jahres 2024 verteilt werden:
- 10. Januar: 0,053 $ pro Aktie
- 16. April: 0,053 $ pro Aktie
- 16. Juli: 0,060 $ pro Aktie
- 16. Oktober: 0,070 $ pro Aktie
Alle Ausschüttungen werden steuerlich als Kapitalrückzahlung klassifiziert, ohne dass Teile als gewöhnliche Dividenden, Kapitalgewinne, nicht realisierte Gewinne gemäß Abschnitt 1250 oder Dividenden gemäß Abschnitt 199A klassifiziert werden. Aktionären wird geraten, sich mit ihren Steuerberatern über die spezifische steuerliche Behandlung dieser Ausschüttungen zu beraten.
- Consistent quarterly dividend payments throughout 2024
- Progressive increase in dividend amounts from $0.053 to $0.070 per share
- Distributions classified entirely as Return of Capital, indicating no profitable income distribution
RECORD | PAYMENT | CASH DISTRIBUTIONS | TAXABLE | TOTAL | UNRECAPTURED | SECTION | RETURN OF CAPITAL |
DATE | DATE | PER SHARE | ORDINARY DIVIDENDS | CAPITAL GAIN | SECTION 1250 GAIN | 199A DIVIDENDS | DISTRIBUTIONS |
12/29/2023 | 1/10/2024 | ||||||
4/3/2024 | 4/16/2024 | ||||||
7/3/2024 | 7/16/2024 | ||||||
6/30/2024 | 10/16/2024 | ||||||
TOTALS |
Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of Veris Residential, Inc. distributions.
About Veris Residential, Inc.
Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guided by an experienced management team and Board of Directors, underpinned by leading corporate governance principles; a best-in-class approach to operations; and an inclusive culture based on meritocratic empowerment.
For additional information on Veris Residential, Inc. and our properties available for lease, please visit https://www.verisresidential.com/.
Investors
Mackenzie Rice
Director of Investor Relations
investors@verisresidential.com
Media
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
212-257-4170
veris-residential@gasthalter.com
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SOURCE Veris Residential, Inc.
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