SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are as follows:
Common Stock – CUSIP Number 297178105:
Record |
Payment |
Cash Distribution |
Ordinary Taxable |
Qualified |
Return of |
Capital Gain |
Unrecaptured Section 1250 Capital Gain |
Section 199A |
Section 897 |
Date |
Date |
Per Share |
Dividend |
Dividend |
Capital |
(20% rate) |
(25% rate) |
Dividend |
Gain |
1/2/2024 |
1/12/2024 |
$2.31000 |
$2.26821 |
$0.00000 |
$0.00000 |
$0.04179 |
$0.00000 |
$2.26821 |
$0.04179 |
3/29/2024 |
4/12/2024 |
$2.45000 |
$2.40568 |
$0.00000 |
$0.00000 |
$0.04432 |
$0.00000 |
$2.40568 |
$0.04432 |
6/28/2024 |
7/12/2024 |
$2.45000 |
$2.40568 |
$0.00000 |
$0.00000 |
$0.04432 |
$0.00000 |
$2.40568 |
$0.04432 |
9/30/2024 |
10/11/2024 |
$2.45000 |
$2.40568 |
$0.00000 |
$0.00000 |
$0.04432 |
$0.00000 |
$2.40568 |
$0.04432 |
Totals: |
$9.66000 |
$9.48525 |
$0.00000 |
$0.00000 |
$0.17475 |
$0.00000 |
$9.48525 |
$0.17475 |
|
Percentages: |
100% |
98.191% |
|
0.000% |
1.809% |
0.000% |
|
|
|
The Company did not incur any foreign taxes during 2024.
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. Essex currently has ownership interests in 254 apartment communities comprising approximately 62,000 apartment homes. Additional information about the Company can be found on the Company’s website at www.essex.com.