Duke Realty Corporation (NYSE: DRE) Announces the Income Tax Characteristics of its 2017 Common Share Dividends
January 22 2018 - 4:15PM
Duke Realty Corporation (NYSE:DRE) announces the income tax
characteristics of its 2017 common share dividends.
Shareholders are encouraged to consult with their personal tax
advisors as to their specific tax treatment of Duke Realty
Corporation’s dividends.
Common Share
Dividends:Ticker Symbol DRE, CUSIP #
264411505
Payment
Date |
Total 2017 Distribution Per
Share |
Total Ordinary
Dividends |
Total Capital Gain
Distribution |
Unrecaptured Section 1250
Gain(1) |
Form 1099-DIV Box Number |
|
1a |
2a |
2b |
2/28/17 |
0.190000 |
0.044943 |
0.145057 |
0.028781 |
5/31/17 |
0.190000 |
0.044943 |
0.145057 |
0.028781 |
8/31/17 |
0.190000 |
0.044943 |
0.145057 |
0.028781 |
11/30/17 |
0.200000 |
0.047308 |
0.152692 |
0.030296 |
12/12/17 |
0.850000 |
0.201060 |
0.648940 |
0.128757 |
2017 Totals |
$1.620000 |
$0.383197 |
$1.236803 |
$0.245396 |
Percentage |
100.0000% |
23.6541% |
76.3459% |
|
(1) Unrecaptured Sec. 1250 Gain is a subset of, and is
included in, the Total Capital Gain Distribution amount reported in
box 2a of Form 1099-DIV. |
|
For corporate shareholders, the Section 291(a) preference item
is 3.0296% of total dividend distributions. The company did
not incur any foreign taxes in 2017. For purposes of
satisfying U.S. federal income tax withholding obligations under
Section 1.1445-8 of the federal income tax regulations with respect
to payments to foreign shareholders, Duke Realty Corporation
characterizes the long-term capital gain portion of the dividends,
including the Unrecaptured Section 1250 gain, described above as
capital gain dividends.
About Duke Realty Corporation
Duke Realty Corporation owns and operates
approximately 144 million rentable square feet of industrial assets
in 21 major U.S. metropolitan areas. Duke Realty Corporation
is publicly traded on the NYSE under the symbol DRE and is listed
on the S&P 500 Index. More information about Duke Realty
Corporation is available at
www.dukerealty.com.
Investor Relations Contacts:
Ron Hubbard
(317) 808-6060
Tax Contact:
Tracy D. Swearingen(317) 808-6133
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