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Getty Realty Corp. Announces 2024 Dividend Tax Treatment

1. GTY announces 2024 dividend distributions totaling $1.80 per share. 2. Dividends allocated include $0.450 per share each quarter in 2024. 3. Total ordinary income distribution is $1.228048 per share. 4. GTY operates 1,118 properties across 42 states and Washington, D.C. 5. Tax planning advised for shareholders regarding dividend distributions.

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FAQ

Why Bullish?

Regular dividend payments enhance investor confidence; similar past announcements often supported price increases.

How important is it?

Stable dividends indicate strong operational performance and can attract income-focused investors.

Why Short Term?

Immediate impact expected as dividends are viewed positively; historically, they boost stock prices temporarily.

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GTY
January 16, 2025 16:05 ET  | Source: Getty Realty Corp. NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) announced today the allocations of the Company’s 2024 dividend distributions on its common stock (CUSIP #374297109). The allocations as they will be reported on Form 1099-DIV are as follows:        Ordinary Income Capital Gains    RecordDatePayableDate Total 2024 Distributions Per Share(1a + 2a + 3) Total(Box 1a) Total(Box 2a)UnrecapturedSec 1250(Box 2b) Non Dividend Distributions (Box 3)12/28/2023 1/11/2024  $0.450000  $0.307012  $- $-  $0.142988 3/28/2024 4/11/2024  $0.450000  $0.307012  $- $-  $0.142988 6/27/2024 7/11/2024  $0.450000  $0.307012  $- $-  $0.142988 9/26/2024 10/10/2024  $0.450000  $0.307012  $- $-  $0.142988   Totals  $1.800000  $1.228048  $- $-  $0.571952                         Tax Disclaimer The information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis. You should consult your own tax advisor regarding the specific federal, state, local, foreign and other tax consequences to you regarding your ownership of shares of the Company's common stock. About Getty Realty Corp. Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of December 31, 2024, the Company’s portfolio included 1,118 freestanding properties located in 42 states across the United States and Washington, D.C.   Contact:Investor Relations(646) 349-0598ir@gettyrealty.com  

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