Rexford Industrial Unveils 2025 Tax Treatment of Dividend Distributions
Rexford Industrial Realty, Inc. (NYSE: REXR), renowned for its strategic investments in industrial properties across Southern California, has announced the tax treatment for its common and preferred stock dividends for the fiscal year 2025. This announcement serves as an essential guideline for shareholders, providing clarity on how dividends will be classified for tax purposes.
The following is a detailed breakdown of the anticipated distributions:
Common Stock Dividend Breakdown
CUSIP Number: 76169C100
Total Dividends per Share for 2025: $2.137500
The common stock dividends for 2025 will be distributed as follows:
- - Record Date: 12/31/2024
-
Payable Date: 01/15/2025
-
Total Dividend: $0.417500
-
Ordinary Dividends: $0.417500
-
Qualified Dividends: $0.332824
-
Return of Capital: $0.084676
- - Subsequent Records & Payments:
For the subsequent quarters, the dividends for each will be
$0.430000, with similar structures in terms of ordinary and qualified dividend distributions. Note that the distribution from January 15, 2026, will be partially accounted for 2025, where approximately 66.28% is attributed to the fiscal year of 2025.
Preferred Stock Dividend Overview
Series B Preferred Stock - CUSIP Number: 76169C308
- - Total Dividends for 2025: $1.468752
This will be allocated across four distributions, commencing on March 31, 2025, and continuing every quarter until December 31, 2025, with a consistent dividend of
$0.367188 per share.
Series C Preferred Stock - CUSIP Number: 76169C407
- - Total Dividends for 2025: $1.406252
Similar to Series B, this will also be distributed quarterly at
$0.351563 per share, promising a robust return for holders of preferred shares.
Important Considerations for Shareholders
Shareholders are strongly advised to consult with their tax advisors regarding the personal tax implications of the dividends they receive. This guidance is crucial for making informed decisions related to personal financial strategies in response to received dividends.
In compliance with the regulations, shareholders should also note that certain portions of the dividends may qualify as capital gain distributions, particularly the capital gain distributions resulting from the disposition of U.S. real property interests.
About Rexford Industrial
Rexford Industrial is a leading player in the real estate investment market, significantly impacting the Southern Californian industrial landscape. The company prides itself on its strategic property investments, which are critical to its long-term value creation and operational efficiency. With a diversified portfolio comprising over 420 properties and approximately 50.9 million rentable square feet, Rexford aims to optimize the revenue potential within an environment characterized by high demand and limited supply.
As the company drives forward, it remains committed to transparency in its operations and fostering beneficial shareholder relations, ultimately securing its position within the SP MidCap 400 Index on the New York Stock Exchange.
For further details, you can visit their official website at
rexfordindustrial.com.
Conclusion
Instepping into a new financial year, Rexford Industrial's adjoining clarity regarding its dividend distributions aims to bolster confidence among investors. The effective strategies employed by the company are projected to enhance performance while maintaining a lucrative return for shareholders in the Southern Californian market.