Prologis Shares Detailed Tax Treatment for 2025 Dividend Distributions

Prologis Announces Tax Treatment of 2025 Dividends

Prologis, Inc. (NYSE: PLD), a leader in logistics real estate, has released detailed information regarding the tax implications of its dividend distributions for 2025. This announcement outlines how these distributions will be categorized for tax purposes, significantly aiding shareholders in understanding their reporting responsibilities.

In its press release, Prologis emphasized the importance of IRS Form 1099-DIV, which will be issued to individuals who held shares in the company during 2025. Shareholders whose shares are registered in their own names will receive this form via Computershare, the company’s designated transfer agent. Those who held shares in 'street name' must expect the document to come through their respective banks, brokerage firms, or nominees.

The tax treatment information is crucial as it directly influences how investors must report these distributions on their tax returns. Although Prologis has prepared this guidance based on current best practices and available data, it clarifies that their federal income tax return for the year ending December 31, 2025, is still pending submission. This introduces a potential risk factor as tax laws can be subject to change, and the treatment of distributions may differ state by state.

Each quarter of 2025 will feature distributions of $1.01 per share for common stock, which break down into various taxable components, presenting shareholders with a composite figure that will be crucial for accurate filing. For instance, components such as ordinary taxable income, qualified dividends, and long-term capital gains will all need to be accounted for when filing tax returns.

In addition, the company has provided projections highlighting the breakdown of various components of the dividend distributions. For example:

- March 2025:

- Cash Distribution: $1.01
- Ordinary Taxable Income: $0.9193
- Qualified Taxable Dividend: $0.0046
- Long-Term Capital Gain: $0.0743

- June 2025:

- Similar distribution values along the same lines, encouraging shareholders to keep detailed records of these structures to facilitate their tax filings.

Moreover, for creditors of Prologis who are investors in series Q preferred stock, specific details regarding the dividend tax treatment for these instruments were also clarified. The preferred stock shareholders will similarly receive Form 1099-DIV tailored to reflect the conditions of their shares, ensuring they can appropriately navigate their tax obligations.

All these measures are part of Prologis's commitment to transparency and shareholder empowerment. They strongly urge shareholders to consult with tax professionals to understand the full implications of these distributions, considering the individual variations in state and local tax laws as well.

Prologis continues to lead in the logistics real estate sector by offering clarity in its communications and aiding investors in making informed decisions about their portfolios. The company views logistics as a critical backbone supporting global commerce, focusing not only on operational efficiency but also on enabling its shareholders to thrive financially, especially in terms of understanding the tax ramifications of their investments. This announcement is a testament to Prologis's dedication to maintaining a robust relationship with its investors and providing them with actionable insights required for managing their financial interests efficiently.

For more information on the tax treatment or to access any additional resources, shareholders are encouraged to visit Prologis’s official website or reach out to their investor relations department directly.