{"id":1958,"date":"2021-02-10T17:45:04","date_gmt":"2021-02-10T23:45:04","guid":{"rendered":"https:\/\/1reason.com\/re\/piedmont-office-realty-trust-announces-tax-treatment-of-2020-dividends\/1958\/"},"modified":"2021-02-11T11:45:04","modified_gmt":"2021-02-11T17:45:04","slug":"piedmont-office-realty-trust-announces-tax-treatment-of-2020-dividends","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/piedmont-office-realty-trust-announces-tax-treatment-of-2020-dividends\/1958\/","title":{"rendered":"Piedmont Office Realty Trust Announces Tax Treatment of 2020 Dividends"},"content":{"rendered":"<div> Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Piedmont dividends.      <\/p>\n<p><\/p>\n<table class=\"gnw_table_border_collapse hugin\" style=\"width:100%;border-collapse:collapse !important\">\n<tr>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_left gnw_border_top_solid hugin gnw_vertical_align_bottom\" style=\"width:200px\"><strong>Record Date<\/strong><\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left gnw_border_top_solid hugin gnw_vertical_align_bottom\" style=\"width:200px\"><strong>Paid Date<\/strong><\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left gnw_border_top_solid hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:1px\"><strong>Dividend per Share<\/strong><\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_border_top_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\"><strong>Ordinary Dividends<\/strong><\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left gnw_border_top_solid hugin gnw_vertical_align_bottom\" style=\"width:100px\"><strong>Capital Gains<\/strong><\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left gnw_border_top_solid hugin gnw_vertical_align_bottom\" style=\"width:100px\"><strong>Unrecaptured Section 1250 <\/strong><\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_border_top_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:10px\"><strong>Qualified Dividend<\/strong><\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_border_top_solid gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\"><strong>Section 199A Dividend Rate<\/strong><\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Nov 29, 2019   <\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Jan 3, 2020<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:1px\">$0.21*<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">N\/A<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">N\/A<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">N\/A<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:10px\">N\/A<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">N\/A<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Feb 28, 2020<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Mar 20, 2020<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:1px\">$0.21<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">$0.021<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">&#8211;<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">&#8211;<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:10px\">$0.000015<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">$0.209985<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">May 29, 2020<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Jun 19, 2020<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:1px\">$0.21<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">$0.200023<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">&#8211;<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">&#8211;<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:10px\">$0.000015<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">$0.200008<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Aug 28, 2020<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Sep 18, 2020<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:1px\">$0.21<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">$0.169042<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">&#8211;<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">&#8211;<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:10px\">$0.000015<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">$0.169027<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Nov 27, 2020<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:200px\">Jan 4, 2021<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:1px\">$0.21**<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">N\/A<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">N\/A<\/td>\n<td class=\"gnw_label_i10 gnw_border_right_solid gnw_border_bottom_solid gnw_align_left hugin gnw_vertical_align_bottom\" style=\"width:100px\">N\/A<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_padding_left_none gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:10px\">N\/A<\/td>\n<td class=\"gnw_label_i10 gnw_border_bottom_solid gnw_padding_right_none gnw_border_right_solid gnw_align_left hugin gnw_vertical_align_bottom\" colspan=\"2\" style=\"width:20px\">N\/A<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><em>*The $0.21 per share distribution paid on January 3, 2020 was taxable to stockholders in 2019.<\/em><br \/><em>** The $0.21 per share distribution paid on January 4, 2021 will be taxable to stockholders in 2021.<\/em><\/p>\n<p><strong><br \/><\/strong><\/p>\n<p><strong>About Piedmont Office Realty Trust<\/strong><\/p>\n<p>Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&amp;P Global Ratings (BBB) and Moody\u2019s (Baa2). As of December 31, 2020, approximately 64% of the company\u2019s portfolio was ENERGY STAR certified and approximately 43% was LEED certified. For more information, see www.piedmontreit.com.<\/p>\n<p>Shareholder Services\/Transfer Agent Services Contact:<br \/>Computershare, Inc.<br \/>866-354-3485<br \/><a href=\"mailto:investor.services@piedmontreit.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"investor.services@piedmontreit.com\">investor.services@piedmontreit.com<\/a><\/p>\n<\/p>\n<p><img loading=\"lazy\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" width=\"1\" height=\"1\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/release\/track\/1793e247-45ac-4f1d-98b8-8b3a6a01138d\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>Atlanta, Jan. 20, 2021 (GLOBE NEWSWIRE) &#8212; Piedmont Office Realty Trust (NYSE: PDM) (\u201cPiedmont\u201d), a real estate investment trust (REIT), announced today the tax treatment of its 2020 common stock dividends as described below.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1958"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=1958"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1958\/revisions"}],"predecessor-version":[{"id":1983,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1958\/revisions\/1983"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=1958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=1958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=1958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}