STAG Industrial Reveals Tax Guidelines for 2024 Dividends to Shareholders
STAG Industrial Reveals Tax Guidelines for 2024 Dividends to Shareholders
On January 21, 2025, STAG Industrial, Inc. (NYSE: STAG) disclosed its tax treatment for the dividends paid to holders of its common stock in 2024. This important announcement aims to clarify how dividends will be taxed, ensuring shareholders are well-informed as they make financial decisions.
Dividend Overview
The tax information concerning the dividends has been detailed on the company's investor relations page, where shareholders can access comprehensive data regarding the dividend breakdown. Shareholders are strongly encouraged to consult their personal tax advisers to determine the specific tax implications for their circumstances.
Key Dates and Distribution Details
The company has outlined essential dates and amounts related to dividend payments:
- - Record Dates and Payable Dates: Key dividend record dates begin from December 29, 2023, through December 31, 2024, with payable dates following accordingly.
- - Total Dividend Information: The total distribution per share includes both ordinary taxable dividends and capital gain distributions. For instance:
- On January 31, 2024, a similar distribution of $0.123333 will apply, suggesting consistency in the dividend payouts throughout the year.
Breakdown of Dividend Costs
The structure of the dividends reflects multiple components:
- - Ordinary Taxable Dividends
- - Capital Gain Distribution
- - Unrecaptured Section 1250 Gain
- - Return of Capital Per Share
- - Section 199A Dividends
The cumulative total for all these distributions culminates in significant returns for shareholders, amounting to $1.463318 per share for the year. This figure shows a commitment to maintaining investor satisfaction through substantial dividend policies.
Tax Classification and Implications
STAG Industrial has classified these dividends as ordinary taxable dividends, qualifying for section 199A treatment. This classification is vital for shareholders as it may affect the taxation rate applied to the income derived from these dividends.
Forward-Looking Statements
In its announcement, STAG Industrial also highlighted forward-looking statements, projecting its plan and expectations for the coming years while reminding investors about the risks and uncertainties that could materially impact actual results. The company aims to provide accurate projections to foster transparent relations with its stakeholders.
Company Background
STAG Industrial, Inc. operates primarily as a real estate investment trust (REIT), managing the acquisition, ownership, and operations of industrial properties across the United States. With a robust portfolio of 578 buildings totaling approximately 114.5 million rentable square feet, the company showcases its strength and stability in the industrial sector.
By remaining dedicated to transparency and proactive communication, such announcements not only help shareholders prepare their tax obligations but also strengthen trust in the management's commitment to its investors. For more detailed information, investors are invited to visit the company's official website at www.stagindustrial.com.
This anticipated dividend and tax treatment news marks a notable stride in the company's ongoing relationship with its shareholders and reflects a keen awareness of their financial interests as the fiscal year 2024 approaches.
Topics Financial Services & Investing）
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