Paramount Group, Inc. PGRE ("Paramount" or the "Company") today announced the 2019 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount's dividends.
Common Shares (CUSIP #69924R108)
Record Date |
|
Payable Date |
|
Total
|
|
|
Total
|
|
|
2019 Taxable
|
|
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Total Capital
|
|
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Total Section
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2019 Non-taxable
|
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||||||
12/31/2018 |
|
01/15/2019 |
|
$ |
0.100000 |
|
|
$ |
0.100000 |
|
|
$ |
0.080738 |
|
|
$ |
0.015476 |
|
|
$ |
0.010928 |
|
|
$ |
0.003786 |
|
03/29/2019 |
|
04/15/2019 |
|
|
0.100000 |
|
|
|
0.100000 |
|
|
|
0.080738 |
|
|
|
0.015476 |
|
|
|
0.010928 |
|
|
|
0.003786 |
|
06/28/2019 |
|
07/15/2019 |
|
|
0.100000 |
|
|
|
0.100000 |
|
|
|
0.080738 |
|
|
|
0.015476 |
|
|
|
0.010928 |
|
|
|
0.003786 |
|
09/30/2019 |
|
10/15/2019 |
|
|
0.100000 |
|
|
|
0.100000 |
|
|
|
0.080738 |
|
|
|
0.015476 |
|
|
|
0.010928 |
|
|
|
0.003786 |
|
Totals for 2019 |
|
$ |
0.400000 |
|
|
$ |
0.400000 |
|
|
$ |
0.322952 |
|
|
$ |
0.061904 |
|
|
$ |
0.043712 |
|
|
$ |
0.015144 |
|
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(1) The amounts in this column are treated as "qualified REIT dividends" for purposes of Internal Revenue Code Section 199A. (2) These amounts are a subset of, and included in, the Total Capital Gain Distribution amount. |
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The regular quarterly cash dividend of $0.10 per share of common stock, which was declared on December 13, 2019 and will be paid on January 15, 2020 to the shareholders of record as of December 31, 2019, is allocable to 2020 for federal income tax purposes.
About Paramount Group, Inc.
Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City, San Francisco and Washington, D.C. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200115005642/en/
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