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Starwood Property Trust Issues Tax Reporting Details for 2024

Starwood Property Trust, Inc. (NYSE: STWD) has recently revealed the tax implications for its distributions on common stock related to the previous year ending December 31, 2024. This announcement provides crucial information for shareholders concerning their tax obligations and the treatment of dividends received from their investments.

The company provided specific data under Form 1099-DIV, highlighting key figures outlining cash distributions and their relevant classifications. Here’s a breakdown of the distributions:

• - Total Dividend Per Share: $1.9200
• - Ordinary Taxable Dividend: $1.2525
• - Taxable Qualified Dividends: $0.2359
• - Total Capital Gain Distribution: $0.3267

In addition, the company indicated the cash dividend of $0.48 per share for the fourth quarter, with a record date of December 31, 2024, payable on January 15, 2025. However, it’s important to note that this dividend is a split-year dividend, where $0.1392 is applicable to 2024, while the remaining $0.3408 will be allocated to 2025 for federal income tax purposes.

The statement also addressed additional details relevant to shareholders, including allocations under Sections 897 and 199A dividends, which play a role in how distributions are taxed based on their nature. For direct or indirect holders of applicable partnership interest, specific amounts disclosed regarding one-year and three-year disclosure amounts were provided as well.

Starwood Property Trust has an established presence in the market as a leading diversified finance entity focusing on the real estate and infrastructure sectors. With its operations bolstered by the backing of the Starwood Capital Group, it has successfully deployed over $100 billion in capital since its inception. Currently, the trust manages a portfolio exceeding $26 billion across debt and equity investments, aiming to generate consistent and attractive returns primarily through dividends.

For further details, investors can explore the company's official website at www.starwoodpropertytrust.com, where additional insights about its operations, financial performance, and investment strategy can be found.

In a landscape where financial transparency is paramount, these disclosures by Starwood Property Trust enhance the understanding of tax implications for its shareholders. This communication reinforces the company’s commitment to keeping its investors informed and engaged, vital for navigating the often-complex environment of financial distributions and tax reporting.

Overall, 2024's financial year has unfolded with robust dividends and clear guidance on tax treatments, positioning Starwood Property Trust favorably for its investors as the company continues to strive for excellence in financial performance and shareholder value.