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Brandywine Realty Trust Announces Tax Characteristics of Its 2024 Distributions

1. Brandywine Realty Trust announced its 2024 distribution tax characteristics. 2. Each share will yield a total gross distribution of $0.600000. 3. Approximately 38.6% of distributions are taxable ordinary dividends. 4. Dividend dates span quarterly from January to October 2024. 5. Tax report details are available on Brandywine's website.

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Why Neutral?

Dividends remain stable but do not indicate significant price movement.

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Dividend announcements can impact sentiment but may not drive long-term value.

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Upcoming dividend payments may influence short-term trading behavior.

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BDN
January 22, 2025 12:49 ET  | Source: Brandywine Realty Trust PHILADELPHIA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) announced today the tax characteristics of its 2024 distributions. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of dividends. The characteristics of the Company’s distributions are as follows: Common Shares of Beneficial Interest (CUSIP 105368203) 2024 Dividend DatesRecord 1/4Payment 1/18Record 4/4Payment 4/18Record 7/3Payment 7/18Record 10/9Payment 10/24Totals% of Annual TotalGross Distribution Per Share(Boxes 1a+2a+3)$0.150000$0.150000$0.150000$0.150000$0.600000100.0%       Taxable Ordinary Dividend(Box 1a)$0.057996$0.057996$0.057996$0.057996$0.23198438.6%       Qualified Dividend Income(Box 1b)$0$0$0$0$0        Total Capital Gain Distribution(Box 2a)$0.007275$0.007275$0.007275$0.007275$0.0291004.9%       Total Unrecaptured Sec. 1250 Gain(Box 2b)$0.005219$0.005219$0.005219$0.005219$0.020876        Section 897 Ordinary Dividend(Box 2e)$0$0$0$0$0        Section 897 Capital Gain(Box 2f)$0.005219$0.005219$0.005219$0.005219$0.020876        Non-dividend Distribution(Box 3)$0.084729$0.084729$0.084729$0.084729$0.33891656.5%       Section 199A Dividend(Box 5)$0.057996$0.057996$0.057996$0.057996$0.231984               Pursuant to Treas. Reg. § 1.1061-6(c), the Company reports the following for purposes of section 1061 of the Internal Revenue Code: 2024 Dividend DatesRecord 1/4Payment 1/18Record 4/4Payment 4/18Record 7/3Payment 7/18Record 10/9Payment 10/24TotalsOne-Year Distributive Amounts$0.007275$0.007275$0.007275$0.007275$0.029100Three-Year Distributive Amounts$0.007275$0.007275$0.007275$0.007275$0.029100            A full tax report is available on our website at www.brandywinerealty.com - Investor Relations - 1099 Reporting. About Brandywine Realty Trust Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 147 properties and 21.1 million square feet as of September 30, 2024. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. For more information, please visit www.brandywinerealty.com. Company / Investor Contact: Tom WirthEVP & CFO610-832-7434 tom.wirth@bdnreit.com

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