DCT INDUSTRIAL TRUST INC DCT Industrial Trust® (NYSE: DCT), a leading real estate company, announced today the income tax treatment of its 2016 distributions to holders of its Common Stock.
For holders of DCT Industrial Common Stock, the 2016 dividend of $0.29 per share includes one quarterly distribution declared in 2015 and paid in 2016 and three quarterly distributions declared and paid in 2016. Additionally, the return of capital percentage on common stock dividends is also reported in the Investors section of the DCT Industrial website at www.dctindustrial.com, on Form 8937 pursuant to U.S. tax basis reporting required under Internal Revenue Code Section 6045B.
The 2016 dividend characteristics are as follows:
DCT Industrial Trust Inc. Common Stock
CUSIP Number 233153204
Declaration |
Record |
Payment |
Cash |
2016 Ordinary |
2016 Qualified |
2016 Capital |
Section 1250 |
2016 Return | ||||||||||||||||
| Amounts per share | ||||||||||||||||||||||||
| 11/10/2015(2 | ) | 12/24/2015 | 1/7/2016 | $ | 0.290000 | $ | 0.232270 | $ | - | $ | 0.044696 | $ | 0.020988 | $ | 0.013034 | |||||||||
| 2/4/2016 | 4/1/2016 | 4/13/2016 | $ | 0.290000 | $ | 0.232270 | $ | - | $ | 0.044696 | $ | 0.020988 | $ | 0.013034 | ||||||||||
| 5/5/2016 | 7/1/2016 | 7/13/2016 | $ | 0.290000 | $ | 0.232270 | $ | - | $ | 0.044696 | $ | 0.020988 | $ | 0.013034 | ||||||||||
| 8/4/2016 | 10/7/2016 | 10/19/2016 | $ | 0.290000 | $ | 0.232270 | $ | - | $ | 0.044696 | $ | 0.020988 | $ | 0.013034 | ||||||||||
| $ | 1.160000 | $ | 0.929080 | $ | - | $ | 0.178784 | $ | 0.083952 | $ | 0.052136 | |||||||||||||
(1) Capital Gain includes Section 1250 Gain.
(2) The fourth
quarter dividend declared on November 10, 2015 and paid on January 7,
2016 is considered a 2016 dividend for federal income tax purposes.
About DCT Industrial Trust®
DCT Industrial is a leading real estate company specializing in the ownership, acquisition, development, leasing and management of bulk-distribution and light-industrial properties in high-demand distribution markets in the U.S. DCT’s actively-managed portfolio is strategically located near population centers and well-positioned to take advantage of market dynamics. As of September 30, 2016, the Company owned interests in approximately 73.5 million square feet of properties leased to approximately 900 customers. DCT maintains a Baa2 rating from Moody’s Investors Service and a BBB from S&P Global Ratings. Additional information is available at www.dctindustrial.com.
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