GREENWICH, Conn., Jan. 26, 2024 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced the tax treatment for the Company's distributions on its common stock (CUSIP: 85571B105) paid with respect to the calendar year ended December 31, 2023 :
Form 1099 Reference: | (Boxes 1a + 2a + | Box 1a | Box 1b | Box 2a | Box 2b | Box 2e | Box 2f | Box 3 | Box 5 | ||||
Record Date | Payable | Cash | Total Dividend | Ordinary | Taxable | Total Capital | Unrecaptured | Section 897 | Section 897 | Nondividend | Section 199A | ||
(i) | (ii) | (iii) | (i) | (iii) | (iv) | (i) | |||||||
3/31/2023 | 4/14/2023 | 0.4800 | 0.4800 | 0.4607 | 0.0000 | 0.0193 | 0.0083 | 0.0000 | 0.0050 | 0.0000 | 0.4607 | ||
6/30/2023 | 7/17/2023 | 0.4800 | 0.4800 | 0.4607 | 0.0000 | 0.0193 | 0.0083 | 0.0000 | 0.0050 | 0.0000 | 0.4607 | ||
9/30/2023 | 10/16/2023 | 0.4800 | 0.4800 | 0.4607 | 0.0000 | 0.0193 | 0.0083 | 0.0000 | 0.0050 | 0.0000 | 0.4607 | ||
12/29/2023 | 1/15/2024 | 0.4800 | 0.4800 | 0.4607 | 0.0000 | 0.0193 | 0.0083 | 0.0000 | 0.0050 | 0.0000 | 0.4607 | ||
Totals | 1.9200 | 1.9200 | 1.8428 | 0.0000 | 0.0772 | 0.0332 | 0.0000 | 0.0200 | 0.0000 | 1.8428 | |||
(i) | Amounts in Box 1b, Box 2e, and Box 5 are included in Box 1a | ||||||||||||
(ii) | For purposes of the disclosure required by Treas. Reg. Sec. 1.1061-6(c), the Company reports to direct or indirect holders | ||||||||||||
of an 'applicable partnership interest' that the portion of the amounts shown on Box 2a relating to the 'One Year Amounts Disclosure' | |||||||||||||
is equal to $0.0156 and the portion relating to the 'Three Year Amounts Disclosure' is equal to $0.0150. | |||||||||||||
(iii) | Amounts in Box 2b and Box 2f are included in Box 2a | ||||||||||||
(iv) | Amounts in Box 3 are also known as Return of Capital | ||||||||||||
About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $95 billion of capital since inception and manages a portfolio of over $27 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.
Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: [email protected]
SOURCE Starwood Property Trust, Inc.