{"id":1960,"date":"2021-02-09T15:04:40","date_gmt":"2021-02-09T21:04:40","guid":{"rendered":"https:\/\/1reason.com\/re\/washreit-announces-tax-treatment-of-2020-distributions\/1960\/"},"modified":"2021-02-10T09:04:40","modified_gmt":"2021-02-10T15:04:40","slug":"washreit-announces-tax-treatment-of-2020-distributions","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/washreit-announces-tax-treatment-of-2020-distributions\/1960\/","title":{"rendered":"WashREIT Announces Tax Treatment of 2020 Distributions"},"content":{"rendered":"<div> Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of WashREIT dividend distributions. The Ordinary Taxable Income Per Share is equal to the Section 199A Dividend Per Share. Under Section 199A, non-corporate shareholders may generally deduct 20% of ordinary taxable REIT dividends.  <\/p>\n<p align=\"justify\" style=\"text-align: justify\"><\/p>\n<table align=\"center\" class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_table_border_collapse hugin\" style=\"width:100%;border-collapse:collapse !important\">\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_bottom\" style=\"max-width:20%;width:20%;min-width:20%\"><strong>Dividend<br \/>Paid Date<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_bottom\" style=\"max-width:20%;width:20%;min-width:20%\"><strong>Gross<br \/>Distribution<br \/>Per Share<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_bottom\" style=\"max-width:20%;width:20%;min-width:20%\"><strong>Ordinary<br \/>Taxable<br \/>Income Per<br \/>Share<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_bottom\" style=\"max-width:20%;width:20%;min-width:20%\"><strong>Section 199A<br \/>Dividends Per <br \/>Share<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_bottom\" style=\"max-width:20%;width:20%;min-width:20%\"><strong>(Return of<br \/>Capital) Non-<br \/>Taxable<br \/>Distribution<br \/>Per Share<\/strong><\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_middle\">1\/6\/2020<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\">$0.30000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\">$0.10727<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_top gnw_align_center\">$0.10727<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none hugin gnw_vertical_align_top gnw_align_center\">$0.19273<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_middle\">3\/31\/2020<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\">$0.30000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\">$0.10727<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_top gnw_align_center\">$0.10727<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none hugin gnw_vertical_align_top gnw_align_center\">$0.19273<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_middle\">7\/06\/2020<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\">$0.30000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\">$0.10727<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_top gnw_align_center\">$0.10727<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none hugin gnw_vertical_align_top gnw_align_center\">$0.19273<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_middle\">10\/5\/2020<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\">$0.30000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\">$0.10727<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_top gnw_align_center\">$0.10727<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none hugin gnw_vertical_align_top gnw_align_center\">$0.19273<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_middle\"><strong>TOTALS:<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\"><strong>$<\/strong><strong>1.20000<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\"><strong>$<\/strong><strong>0.42908<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_top gnw_align_center\"><strong>$<\/strong><strong>0.42908<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none hugin gnw_vertical_align_top gnw_align_center\"><strong>$<\/strong><strong>0.77092<\/strong><\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_middle\" \/>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\"><strong>100.00<\/strong><strong>%<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_middle gnw_align_center\"><strong>35.757<\/strong><strong>%<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_border_right_solid hugin gnw_vertical_align_top gnw_align_center\"><strong>35.757<\/strong><strong>%<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none hugin gnw_vertical_align_top gnw_align_center\"><strong>64.243<\/strong><strong>%<\/strong><\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><em><br \/><\/em><\/p>\n<p align=\"justify\"><em>WashREIT owns and operates uniquely positioned real estate assets in the Washington, DC Metro area. Backed by decades of experience, expertise, and ambition, we create value by transforming insights into strategy and strategy into action. Our portfolio of 43 properties includes approximately 3.4 million square feet of commercial space and 7,059 multifamily apartment units. Our shares trade on the NYSE and our company currently has an enterprise value of approximately $3.0 billion. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation\u2019s most competitive real estate markets.<\/em><\/p>\n<p><strong>Contact: <\/strong>Amy Hopkins<br \/><strong>Phone:<\/strong> 202-774-3253<br \/><strong>E-mail:<\/strong> ahopkins@washreit.com<\/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\/6c3e379a-a3e4-405f-80be-dca076d29ea9\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"justify\">WASHINGTON, Jan. 20, 2021 (GLOBE NEWSWIRE) &#8212; WashREIT (NYSE:WRE) announced the income tax treatment of its 2020 dividend distributions. This information represents final income allocations.<\/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\/1960"}],"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=1960"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1960\/revisions"}],"predecessor-version":[{"id":1985,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1960\/revisions\/1985"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=1960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=1960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=1960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}