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Essex Reports Characteristics of 2019 Dividends

BusinessWire_EN 
0 0 16.01.20
Essex Reports Characteristics of 2019 Dividends
 

Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2019 distributions to shareholders. The 2019 distribution characteristics are as follows:

Common Stock – CUSIP Number 297178105:

Record
Date

Payment
Date

Cash
Distribution
Per Share

Ordinary
Taxable
Dividend

Return of
Capital

Capital
Gain
(20% rate)

Unrecaptured
Section 1250
Capital Gain
(25% rate)

 

Section 199A
Dividend

1/2/2019

1/15/2019

$1.86000

$1.55891

$0.00000

$0.25628

$0.04481

$1.55891

3/29/2019

4/12/2019

$1.95000

$1.63434

$0.00000

$0.26868

$0.04698

$1.63434

6/28/2019

7/12/2019

$1.95000

$1.63434

$0.00000

$0.26868

$0.04698

$1.63434

9/30/2019

10/15/2019

$1.95000

$1.63434

$0.00000

$0.26868

$0.04698

$1.63434

 

Totals:

$7.71000

$6.46193

$0.00000

$1.06232

$0.18575

 

 

Percentages:

100%

83.812%

0.0000%

13.779%

2.409%

 

For purposes of calculating alternative minimum taxable income under Sec. 55 of the Internal Revenue Code of 1986, the Company apportions $0.17 per common share attributable to depreciation assuming a full year of ownership.

The Company did not incur any foreign taxes during 2019.

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. The Company currently has ownership interests in 249 apartment communities comprising approximately 60,000 apartment homes with an additional 7 properties in various stages of active development. Additional information about Essex can be found on the Company’s web site at www.essex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200116005819/en/

Essex Property Trust Stock

€240.50
1.500%
There is an upward development for Essex Property Trust compared to yesterday, with an increase of €3.60 (1.500%).
Currently there is a rather positive sentiment for Essex Property Trust with 9 Buy predictions and 3 Sell predictions.
On the other hand, the target price of 231 € is below the current price of 240.5 € for Essex Property Trust, so the potential is actually -3.95%.
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