City Office REIT Discloses Tax Information for Shareholders on 2025 Distributions

City Office REIT Discloses Tax Treatment of 2025 Distributions



City Office REIT, Inc., trading on the New York Stock Exchange under the ticker CIO, has officially announced the details surrounding the tax treatment of its distributions for the year 2025. This information is crucial for shareholders who must report their earnings accurately when tax season arrives. As a reminder, shareholders are strongly encouraged to consult their tax advisors to ensure proper individual tax treatment regarding the Company’s distributions.

Key Dates and Distribution Information


In its announcement dated January 7, 2026, City Office REIT outlined the upcoming distributions which encompass common stock and 6.625% Series A Cumulative Redeemable Preferred Stock. Detailed below are significant records and payment dates, along with the distribution amounts:

Record Date Payment Date Total Distribution per Share Ordinary Dividends Qualified Dividends Capital Gain Distributions Return of Capital Amount Qualifying as a Section 199A Dividend
----------------------------
-----------
01/09/2025 01/23/2025 $0.100 $0 $0 $0 $0.100 $0
04/10/2025 04/24/2025 $0.100 $0 $0 $0 $0.100 $0
07/10/2025 07/24/2025 $0.100 $0 $0 $0 $0.100 $0

Each distribution is structured with a total of $0.100 per share relevant for the common stock, reflecting a return of capital rather than traditional dividends. This tax information aligns with standard protocols as stated by the Internal Revenue Service (IRS), ensuring shareholders can navigate their tax filings adequately.

Preferred Stock Distribution Details


For the preferred stockholders, the structure remains consistent in terms of record and payment dates, showcasing the total distribution.

Record Date Payment Date Total Distribution per Share Ordinary Dividends Qualified Dividends Capital Gain Distributions Return of Capital Amount Qualifying as a Section 199A Dividend
-----------------------------
-----------
01/09/2025 01/23/2025 $0.414063 $0 $0 $0 $0.414063 $0
04/10/2025 04/24/2025 $0.414063 $0 $0 $0 $0.414063 $0
07/10/2025 07/24/2025 $0.414063 $0 $0 $0 $0.414063 $0
10/10/2025 10/24/2025 $0.414063 $0 $0 $0 $0.414063 $0

The structure of preferred stock distributions indicates a clear revenue pathway and emphasizes the significance of understanding tax implications tied to such distributions.

Business Overview


City Office REIT is committed to the operation and management of office properties, predominantly located in the rapidly growing Sun Belt regions of the United States. The firm currently oversees about 4.2 million square feet of office space. In alignment with its operational strategies, City Office has opted for taxation under the Real Estate Investment Trust (REIT) standards for U.S. federal income tax purposes.

Important Considerations


Shareholders must proactively review their Form 1099 and verify that the information they receive concurs with the details provided by the Company. Any discrepancies should be addressed with your financial institutions to ensure accurate reporting.

It is fundamental to remain updated with any changes that might affect individual tax standing, and therefore, prompt consultation with tax professionals is highly recommended. As the year unfolds, remaining vigilant about one’s tax obligations will enable shareholders to capitalize on their investments without unforeseen complications.

Conclusion


In light of these disclosures, City Office REIT continues to serve as a respectable entity within the REIT sector, ensuring its stakeholders are well-informed and supported as they navigate their investments. Collectively, this authoritative information facilitates better financial decision-making for individuals looking ahead to 2025’s tax submissions.

Topics Financial Services & Investing)

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