Cousins Properties Shares 2024 Distribution Tax Details
Cousins Properties Distributions and Tax Reporting for 2024
Cousins Properties (NYSE: CUZ) has recently released important information regarding the year-end tax reporting related to its distributions for 2024. As a well-established real estate investment trust (REIT), Cousins Properties plays a significant role in the market, particularly with its investments in high-quality office buildings in prime locations.
Details of Year-End Tax Distributions
The distributions made by Cousins Properties for the fiscal year ending December 31, 2024, are structured in a manner that reflects careful adherence to regulations that govern REITs. The classification of these distributions is essential for shareholders who must understand how these financial returns will be treated for tax purposes.
Key Distribution Dates
Understanding the distribution timeline is crucial for shareholders. Here are the significant dates and the details of the distributions:
Distribution Breakdown
Table of Tax Information for 2024
The distributions consist of ordinary dividends and nondividend distributions, which will impact the tax obligations of shareholders differently. Here’s the breakdown:
Record Date, Paid Date, Total Distributions Per Share, Ordinary Dividends, Nondividend Distributions
1/4/2024, 1/16/2024, $0.320000, $0.251855, $0.068145
4/4/2024, 4/15/2024, $0.320000, $0.251855, $0.068145
7/3/2024, 7/15/2024, $0.320000, $0.251855, $0.068145
10/3/2024, 10/15/2024, $0.320000, $0.251855, $0.068145
Understanding Tax Implications
Each of these distributions has tax implications that vary based on individual stockholders' situations. Cousins Properties encourages shareholders to consider these elements in consultation with their tax advisors to navigate the federal, state, and local tax obligations arising from the distributions. Generally, it is pertinent to note that 100% of the amounts classified as ordinary dividends are treated as "qualified REIT dividends".
Company Overview
Cousins Properties, headquartered in Atlanta, is a self-managed REIT that has been a key player in the development, leasing, and management of premier commercial properties since its inception in 1958. The company focuses on enhancing shareholder value by strategically acquiring and managing properties in strong Sun Belt markets, thus demonstrating its sustained commitment to growth and excellence.
Contact Information
For more detailed inquiries, Roni Imbeaux, Vice President of Finance and Investor Relations, is available at 404-407-1104. This provides an excellent opportunity for investors looking to deepen their understanding of Cousins Properties and its valuable assets in the REIT sector.
Frequently Asked Questions
What is Cousins Properties?
Cousins Properties is a real estate investment trust that invests primarily in Class A office buildings in high-growth markets.
How often does Cousins Properties distribute dividends?
The company typically announces distributions quarterly, reflecting solid returns on investments for its shareholders.
What are the tax implications of these distributions?
Tax implications vary based on individual circumstances, and shareholders are encouraged to consult with tax advisors.
Where can I find more information about Cousins Properties?
For further details, shareholders can visit the official website of Cousins Properties.
Who can I contact regarding investor relations?
Investors can contact Roni Imbeaux, Vice President of Finance and Investor Relations, for any inquiries related to investment matters.
About The Author
Contact Caleb Price privately here. Or send an email with ATTN: Caleb Price as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.