Whitestone REIT Announces Tax Characteristics of 2021 Distributions
Whitestone REIT (NYSE: WSR) has disclosed the federal income tax treatment of its 2021 cash distributions to common shareholders. For 2021, the total distribution per share is reported at $0.428330, with ordinary dividends amounting to $0.345600 and an unrecaptured Section 1250 gain of $0.082730. Shareholders are advised to consult their tax advisors for personalized guidance on the tax treatment of these distributions. Whitestone REIT focuses on community-centered shopping centers in affluent markets across the Sunbelt, paying monthly dividends for over 15 years.
- Total distribution per share for 2021 is $0.428330.
- Ordinary dividends amount to $0.345600.
- Consistent monthly dividends paid for over 15 years.
- None.
HOUSTON, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2021 cash distributions to holders of common shares (CUSIP 966084204). The final classifications of the distributions for 2021, which will be reported on Form 1099-DIV, are as follows:
| Ex-Dividend Date | Record Date | Payable Date | Total Distribution Per Share | Ordinary Dividends | Total Capital Gain Distribution | Unrecaptured Sec 1250 Gain (1) | Return of Capital (Nontaxable Distribution) | Section 199A Dividends (2) | |||||||||||
| 1/4/2021 | 1/5/2021 | 1/14/2021 | $ | 0.035000 | $ | 0.028240 | $ | - | $ | - | $ | 0.006760 | $ | 0.028240 | |||||
| 2/1/2021 | 2/2/2021 | 2/11/2021 | $ | 0.035000 | $ | 0.028240 | $ | - | $ | - | $ | 0.006760 | $ | 0.028240 | |||||
| 3/1/2021 | 3/2/2021 | 3/11/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 4/1/2021 | 4/5/2021 | 4/14/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 5/3/2021 | 5/4/2021 | 5/13/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 6/1/2021 | 6/2/2021 | 6/10/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 7/1/2021 | 7/2/2021 | 7/14/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 8/2/2021 | 8/3/2021 | 8/12/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 9/1/2021 | 9/2/2021 | 9/14/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 10/1/2021 | 10/4/2021 | 10/14/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 11/1/2021 | 11/2/2021 | 11/12/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 12/1/2021 | 12/2/2021 | 12/13/2021 | $ | 0.035833 | $ | 0.028912 | $ | - | $ | - | $ | 0.006921 | $ | 0.028912 | |||||
| 2021 Total | $ | 0.428330 | $ | 0.345600 | $ | - | $ | - | $ | 0.082730 | $ | 0.345600 | |||||||
| 80.685 | % | 0.000 | % | 0.000 | % | 19.315 | % | 80.685 | % | ||||||||||
(1) Represents additional characterization of, and is included in, "Total Capital Gain Distribution."
(2) Represents dividends eligible for the
Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Whitestone REIT cash distributions. For additional information, contact Whitestone REIT's Investor Relations Department.
About Whitestone REIT
Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops, and redevelops high-quality neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt.
Whitestone seeks to Create Communities in Our Properties through Creating Local Connections between consumers in the surrounding communities and a well-crafted mix of local, regional and national tenants that provide daily necessities, needed services, entertainment, and experiences.
Whitestone (NYSE: WSR) pays monthly dividends to its shareholders and it has consistently done so for more than 15 years. Whitestone’s strong balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles. For additional information, please visit www.whitestonereit.com and www.linkedin.com/company/whitestone-reit.
Contact Whitestone REIT:
Rebecca Elliott
Vice President, Corporate Communications
(713) 435-2219
relliott@whitestonereit.com
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