Plymouth Industrial REIT Clarifies Dividend Tax Treatment for 2024
Plymouth Industrial REIT's 2024 Dividend Tax Treatment Overview
Plymouth Industrial REIT, Inc. (NYSE: PLYM) is ready to share essential details regarding the tax treatment of its 2024 dividends for common stockholders. This announcement is crucial for investors looking to understand how their dividend distributions will be categorized for tax purposes.
Summary of Dividend Payments
Understanding the structure of dividends is vital for stockholders. The REIT has provided an informative summary of its dividend payments throughout 2024. Each quarterly payment will be accompanied by specific tax treatment allocations relevant to the amount distributed. This structure aims to enhance transparency and assist shareholders in managing their financial obligations.
Key Dates for Dividend Payments
The schedule for dividend payment dates is straightforward. Investors will be looking at quarterly dividends, which offers predictability in their investments. For instance, one of the significant record dates is March 28, 2024, with payments being issued on April 30, 2024. This pattern continues quarterly, providing consistent support for investors' cash flow needs.
Tax Treatment Details
The breakdown of the tax treatment for the total cash distribution includes several categories such as ordinary dividends, capital gain distributions, and return of capital. Each of these components plays an integral role in how shareholders will report their income for tax filings.
About Plymouth Industrial REIT
Plymouth Industrial REIT, Inc., known for its commitment to providing high-quality industrial real estate solutions, operates with a focus on acquisition, ownership, and management. The company prides itself on delivering spaces that meet tenants' needs for flexibility, functionality, and safety. This ensures that the properties not only serve the current market but also contribute to the long-term sustainability of the industrial sector.
Company Contact Information
If stockholders or potential investors have further questions or wish to learn more about the company, they can reach out directly. Here’s the contact information:
Contact: John Wilfong
SCR Partners
Email: IR@plymouthreit.com
Frequently Asked Questions
What is the purpose of Plymouth Industrial REIT's announcement?
The announcement seeks to inform shareholders about the tax treatment of dividends for the year 2024, crucial for tax filing purposes.
How often are dividends paid by Plymouth Industrial REIT?
Plymouth Industrial REIT pays dividends quarterly, providing a consistent income stream to its investors.
What is the significance of understanding dividend tax treatment?
Understanding tax treatment helps investors make informed decisions regarding their returns and obligations for tax filings.
Who can I contact for more information about the REIT?
Investors can reach out to John Wilfong at SCR Partners via the provided email for further inquiries.
What is the main focus of Plymouth Industrial REIT?
The company focuses on the acquisition, ownership, and management of industrial properties, ensuring quality and safety for tenants.
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