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Franklin Street Properties Corp. Announces Tax Composition of 2024 Distributions

1. FSP announced tax composition for 2024 distributions to shareholders. 2. Shareholders are advised to consult tax advisors for distribution implications. 3. Total distribution for 2024 is $0.04 per share in four installments. 4. FSP aims for long-term growth and current income through strategic investments. 5. Company focuses on office properties in U.S. Sunbelt and Mountain West.

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Why Neutral?

The article provides routine distribution information, unlikely to significantly influence FSP's price.

How important is it?

Distributions are important but the impact on stock price is generally minimal.

Why Short Term?

Tax-related news typically affects short-term investor sentiment but not long-term value.

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FSP
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2024 distributions. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of FSP distributions.   Ticker Symbol: FSP Common Stock (CUSIP # 35471R106) 2024 2024 2024 2024 Total Unrecap. Total Taxable Taxable Capital 2024 Section Record Payable Distribution Ordinary Qualified Gain Return of 1250 Section 199A Date Date per Share Dividend Dividend Distribution Capital Gain Distribution 1/26/24 2/15/24 $ 0.01 $ - $ - $ - $ 0.010000 $ - $ - 4/19/24 5/9/24 $ 0.01 $ - $ - $ - $ 0.010000 $ - $ - 7/19/24 8/8/24 $ 0.01 $ - $ - $ - $ 0.010000 $ - $ - 10/18/24 11/7/24 $ 0.01 $ - $ - $ - $ 0.010000 $ - $ - Totals $ 0.04 $ - $ - $ - $ 0.040000 $ - $ -   This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may be important to investors in the Investor Relations section of our website. We encourage investors to consult that section of our website regularly for important information about us and, if they are interested in automatically receiving news and information as soon as it is posted, to sign up for E-mail Alerts. About Franklin Street Properties Corp. Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes. To learn more about FSP please visit our website at www.fspreit.com.

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