Market Overview

W. P. Carey Announces Tax Treatment of 2019 Dividends

Share:

NEW YORK, Jan. 28, 2020 /PRNewswire/ -- W. P. Carey Inc. (NYSE:WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2019. 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)

12/31/18

1/15/19(4)

$0.7546

$0.5832924

$0.0034071

$0.1679045

$0.0101071

$0.0022126

$0.5731852

3/29/19

4/15/19

$1.0320

$0.7977135

$0.0046596

$0.2296270

$0.0138226

$0.0030260

$0.7838909

6/28/19

7/15/19

$1.0340

$0.7992594

$0.0046686

$0.2300720

$0.0138493

$0.0030318

$0.7854101

9/30/19

10/15/19

$1.0360

$0.8008054

$0.0046776

$0.2305170

$0.0138761

$0.0030377

$0.7869292

(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.

(4)

A portion of the $1.03 per share dividend paid on January 15, 2019 was previously applied to the 2018 tax year. The remainder is taxable in 2019.  Reallocations may not total Distribution Per Share due to rounding.

About W. P. Carey Inc.
W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately $21 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,204 net lease properties covering approximately 138 million square feet. For over four 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. For further information regarding W. P. Carey, please refer to its filings with the U.S. Securities and Exchange Commission.

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

W. P. Carey Inc. Logo. (PRNewsFoto/W. P. Carey Inc.)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/w-p-carey-announces-tax-treatment-of-2019-dividends-300993891.html

SOURCE W. P. Carey Inc.

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com