PIEDMONT OFFICE REALTY TRUST ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS
PIEDMONT OFFICE REALTY TRUST ANNOUNCES TAX TREATMENT OF 2024 DIVIDENDS
Atlanta, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2024 common stock dividends as described below. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Piedmont dividends.
| Record Date | Paid Date | Dividend per Share | Ordinary Dividends | Qualified Dividend | Capital Gains | Unrecaptured Section 1250 | Nondividend Distributions | Section 199A Dividend Rate | ||||||
| Nov 24, 2023 | Jan 2, 2024 | $ | 0.125 | $ | 0.0000 | - | $ | 0.0000 | $ | 0.0000 | $ | 0.125 | $ | 0.0000 |
| Feb 23, 2024 | Mar 15, 2024 | $ | 0.125 | $ | 0.0000 | - | $ | 0.0000 | $ | 0.0000 | $ | 0.125 | $ | 0.0000 |
| May 24, 2024 | Jun 14, 2024 | $ | 0.125 | $ | 0.0000 | - | $ | 0.0000 | $ | 0.0000 | $ | 0.125 | $ | 0.0000 |
| Aug 23, 2024 | Sep 20, 2024 | $ | 0.125 | $ | 0.0000 | - | $ | 0.0000 | $ | 0.0000 | $ | 0.125 | $ | 0.0000 |
| Nov 22, 2024 | Jan 2, 2025 | $ | 0.125* | N/A | N/A | N/A | N/A | N/A | N/A | |||||
* All of the $0.125 per share distribution paid on January 2, 2025 will be taxable to stockholders in 2025.
About Piedmont Office Realty Trust
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in the Sunbelt. Its approximately $5 billion, predominantly unencumbered portfolio is currently comprised of approximately 16 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by Moody’s (Baa3). Piedmont is a 2024 ENERGY STAR Partner of the Year – Sustained Excellence. For more information, see www.piedmontreit.com.
Shareholder Services/Transfer Agent Services Contact:
Computershare, Inc.
866-354-3485
investor.services@piedmontreit.com
