MILL VALLEY, Calif.–(BUSINESS WIRE)–4 Corners Property Belief, Inc. (NYSE: NYSE:), an actual property funding belief primarily engaged within the possession and acquisition of high-quality, net-leased restaurant and retail properties (FCPT or the Firm), introduced at the moment the tax characterization of its 2024 frequent inventory distributions as proven beneath.
|
Report Date |
Fee |
Whole (EPA:) |
Kind 1099 |
Kind 1099 |
Kind 1099 |
Kind 1099 |
|
12/29/2023 |
1/12/2024 |
$0.3450 |
$0.3174 |
– |
$0.0276 |
$0.3174 |
|
3/28/2024 |
4/15/2024 |
$0.3450 |
$0.3174 |
– |
$0.0276 |
$0.3174 |
|
6/28/2024 |
7/15/2024 |
$0.3450 |
$0.3174 |
– |
$0.0276 |
$0.3174 |
|
9/30/2024 |
10/15/2024 |
$0.3450 |
$0.3174 |
– |
$0.0276 |
$0.3174 |
|
Totals |
|
$1.3800 |
$1.2696 |
– |
$0.1104 |
$1.2696 |
(1) Certified Taxable Dividends are a subset of, and included in, Unusual Taxable Dividends.
The frequent inventory dividend of $0.3550 per share that was paid on January 15, 2025 to shareholders of report on December 31, 2024 can be relevant to the 2025 tax yr.
For those who held frequent inventory of FCPT in your title at any time throughout 2024, an IRS Kind 1099-DIV can be supplied to you by Broadridge Company Issuer Options, FCPT’s switch agent throughout 2024. For those who held shares in “street name” throughout 2024, the IRS type supplied by your financial institution, brokerage agency or nominee could report solely the gross distributions paid to you. Due to this fact, chances are you’ll want the data included on this press release to correctly full your federal tax return.
There are numerous essential concerns related to the taxability of the corporate’s distributions in 2024. This data has been ready utilizing the perfect accessible data thus far. FCPT’s federal earnings tax return for the yr ended December 31, 2024 has not but been filed. Please notice that federal tax legal guidelines have an effect on taxpayers in a different way, and we can not advise you on how distributions must be reported in your federal earnings tax return. Additionally notice that state and native taxation of REIT distributions range and might not be the identical because the taxation underneath the federal guidelines. Shareholders are inspired to seek the advice of with their tax advisors as to their particular tax therapy associated to FCPT frequent inventory dividends.
About FCPT:
FCPT, headquartered in Mill Valley, CA, is an actual property funding belief primarily engaged within the possession, acquisition and leasing of restaurant and retail properties. The Firm seeks to develop its portfolio by buying extra actual property to lease, on a internet foundation, to be used within the restaurant and retail industries. Extra details about FCPT could be discovered on the web site at www.fcpt.com.
View supply model on businesswire.com: https://www.businesswire.com/information/house/20250121540418/en/
4 Corners Property Belief:
Patrick Wernig, 415-965-8038
CFO
Supply: 4 Corners Property Belief