W. P. Carey Announces Tax Treatment of 2020 Dividends

Rhea-AI Summary

W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of its 2020 dividends on Form 1099-DIV. Shareholders are advised to consult their tax advisors regarding the specifics of their tax implications. The report details various categories of dividends along with their amounts and related tax classifications for the year ended December 31, 2020. Notably, the ordinary dividend distribution per share was reported at $1.0380, with a payment date of January 15, 2020. W. P. Carey is recognized as a major player in net lease REITs with a portfolio of significant commercial properties.

Positive

• Ordinary dividend distribution of $1.0380 per share paid on January 15, 2020.
• Strong portfolio management with diversified property types and geographic locations.

Negative

• None.

NEW YORK, Jan. 28, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2020. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of W. P. Carey dividends.

CUSIP 92936U109
FORM 1099-DIV			Box 1a	Box 2a	Box 3	Box 1b	Box 2b	Box 5
Record Date	Payment Date	Distribution Per Share	Ordinary Dividends	Capital Gain Distributions	Nondividend Distributions	Qualified Dividends(1)	Unrecaptured Section 1250 Gain(2)	Section 199A Dividends(3)
12/31/19	1/15/20	$1.0380	$0.8254263	$0.2125737	$0.0000000	$0.0023123	$0.0502731	$0.8231140
3/31/20	4/15/20	$1.0400	$0.8270167	$0.2129833	$0.0000000	$0.0023168	$0.0503700	$0.8247000
6/30/20	7/15/20	$1.0420	$0.8286072	$0.2133929	$0.0000000	$0.0023212	$0.0504669	$0.8262859
9/30/20	10/15/20	$1.0440	$0.8301976	$0.2138024	$0.0000000	$0.0023257	$0.0505637	$0.8278719

(1)	Qualified Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount.
(2)	Unrecaptured Section 1250 Gain is a subset of, and included in, the Taxable Capital Gain Distributions amount.
(3)	Section 199A Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount.

W. P. Carey Inc.

W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry. 
www.wpcarey.com 

Institutional Investors:
Peter Sands
W. P. Carey Inc.
212-492-1110
institutionalir@wpcarey.com

Individual Investors:
W. P. Carey Inc.
212-492-8920
ir@wpcarey.com

Media Contact:
Guy Lawrence
Ross & Lawrence
212-308-3333
gblawrence@rosslawpr.com

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SOURCE W. P. Carey Inc.

FAQ

What is the dividend amount for WPC in 2020?

W. P. Carey Inc. declared an ordinary dividend amount of $1.0380 per share for 2020.

When was the dividend paid for WPC in 2020?

The dividend for W. P. Carey Inc. was paid on January 15, 2020.

What is the tax treatment of WPC dividends?

W. P. Carey shareholders should refer to Form 1099-DIV for the income tax treatment of dividends.

How can shareholders find more information about WPC dividends?

Shareholders are encouraged to consult their personal tax advisors for specific guidance on their W. P. Carey dividends.