{"id":5184,"date":"2022-02-09T20:23:31","date_gmt":"2022-02-10T02:23:31","guid":{"rendered":"https:\/\/1reason.com\/re\/washreit-announces-2021-dividend-income-tax-treatment\/5184\/"},"modified":"2022-02-10T14:23:31","modified_gmt":"2022-02-10T20:23:31","slug":"washreit-announces-2021-dividend-income-tax-treatment","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/washreit-announces-2021-dividend-income-tax-treatment\/5184\/","title":{"rendered":"WashREIT Announces 2021 Dividend Income Tax Treatment"},"content":{"rendered":"<div> Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of WashREIT dividend distributions. Beginning in 2018, Ordinary Taxable Income Per Share is equal to the 199A dividend that was created by the 2017 Tax Cuts and Jobs Act. <\/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%\">\n<p><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\">01\/6\/2021<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\">$0.30000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\">$0.00000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_top\">$0.00000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top\">$0.30000<\/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\">04\/05\/2021<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\">$0.30000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\">$0.00000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_top\">$0.00000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top\">$0.30000<\/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\">07\/06\/2021<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\">$0.30000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\">$0.00000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_top\">$0.00000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top\">$0.30000<\/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\/2021<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\">$0.17000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\">$0.00000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_top\">$0.00000<\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top\">$0.17000<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid gnw_align_center hugin gnw_vertical_align_middle\"><strong>TOTALS:<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\"><strong>$<\/strong><strong>1.07000<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\"><strong>$<\/strong><strong>0.00000<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_top\"><strong>$<\/strong><strong>0.00000<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top\"><strong>$<\/strong><strong>1.07000<\/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_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\"><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_align_center gnw_border_right_solid hugin gnw_vertical_align_middle\"><strong>0<\/strong><strong>%<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center gnw_border_right_solid hugin gnw_vertical_align_top\"><strong>0<\/strong><strong>%<\/strong><\/td>\n<td class=\"gnw_border_top_solid gnw_border_bottom_solid gnw_padding_left_none gnw_padding_right_none gnw_align_center hugin gnw_vertical_align_top\"><strong>100<\/strong><strong>%<\/strong><\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\"><em>WashREIT owns approximately 7,300 residential apartment homes in the Washington, DC metro and the Southeast. WashREIT also owns and operates approximately 300,000 square feet of commercial space in the Washington, DC metro region. We are focused on providing quality housing to under-served, middle-income renters in submarkets poised for strong, sustained demand. With a proven track record in residential repositioning, we are utilizing the experience and research from the Washington, DC metro region to continue to grow as we geographically diversify into Southeastern markets.<\/em><\/p>\n<p align=\"justify\"><strong>Contact: <\/strong>Amy Hopkins<br \/><strong>Phone:<\/strong> 202-774-3253<br \/><strong>E-mail:<\/strong> ahopkins@washreit.com<\/p>\n<p><\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/NWIwYTdkNDUtMzRlZC00N2EyLThkNjctZmIxODAwYmZhNWNlLTEwMjIzOTA=\/tiny\/Washington-Real-Estate-Investm.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"justify\">WASHINGTON, Jan. 20, 2022 (GLOBE NEWSWIRE) &#8212; WashREIT (NYSE:WRE) announced the income tax treatment of its 2021 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\/5184"}],"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=5184"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5184\/revisions"}],"predecessor-version":[{"id":5189,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5184\/revisions\/5189"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=5184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=5184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=5184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}