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02.02.2017 22:35
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PR Newswire
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First Potomac Realty Trust Announces Tax Reporting Information For 2016 Common And Preferred Share Distributions
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PR Newswire
BETHESDA, Md., Feb. 2, 2017
BETHESDA, Md., Feb. 2, 2017 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leading owner and operator of office and business park properties in the greater Washington D.C. region, today announced the tax reporting information (Federal 1099) for the 2016 distributions on its common shares, as well as its preferred shares (which were fully redeemed over the course of 2016). The information in this release is based on the preliminary results of the Company's tax filings and is subject to correction or adjustment when the filings are completed.
The income tax treatment for the 2016 distributions for First Potomac Realty Trust Common Shares CUSIP# 33610F109 traded on the NYSE under ticker symbol "FPO" is as follows:
| | | | Distribution Type | |||
| Record Dates | Payment Dates | Distributions | Ordinary | Total | Return of | |
| 2/9/2016 | 2/16/2016 | $0.15 | $0.000000 | $0.000000 | $0.150000 | |
| 5/9/2016 | 5/16/2016 | $0.10 | $0.000000 | $0.000000 | $0.100000 | |
| 8/8/2016 | 8/15/2016 | $0.10 | $0.000000 | $0.000000 | $0.100000 | |
| 11/8/2016 | 11/15/2016 | $0.10 | $0.000000 | $0.000000 | $0.100000 | |
| | TOTALS | $0.45 | $0.000000 | $0.000000 | $0.450000 | |
| | PERCENT | | 0.00% | 0.00% | 100.00% | |
The income tax treatment for the 2016 distributions for the First Potomac Realty Trust 7.750% Series A Cumulative Redeemable Perpetual Preferred Shares ("Series A Preferred Shares") CUSIP# 33610F307, which traded on the NYSE under ticker symbol "FPO-PA" prior to their delisting on July 6, 2016, is as follows:
| | | | Distribution Type | |||
| Record Dates | Payment | Distributions | Ordinary | Total | Return of | |
| 2/9/2016 | 2/16/2016 | $0.484375 | $0.000000 | $0.000000 | $0.484375 | |
| 5/9/2016 | 5/16/2016 | $0.484375 | $0.000000 | $0.000000 | $0.484375 | |
| | TOTALS | $0.968750 | $0.000000 | $0.000000 | $0.968750 | |
| | PERCENT | | 0.00% | 0.00% | 100.00% | |
| | | |||||
| (1) | The Company redeemed all of its previously outstanding 6,400,000 Series A Preferred Shares pursuant to three separate redemptions during 2016 as detailed in the table below, the specifics of which are as follows: 2,200,000 shares were redeemed on January 19, 2016; 3,600,000 shares were redeemed on April 27, 2016; and 600,000 were redeemed in the final redemption on July 6, 2016. | |||||
| | | Distribution Type | |||
| Redemption | Distributions | Ordinary | Total | Return of | |
| 1/19/2016 | $0.336957 | $0.000000 | $0.000000 | $0.336957 | |
| 4/24/2016 | $0.382118 | $0.000000 | $0.000000 | $0.382118 | |
| 7/6/2016 | $0.269097 | $0.000000 Werbung Mehr Nachrichten zur First Potomac Realty Trust of Beneficial Interest Aktie kostenlos abonnieren
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