ESS Essex Property Trust Inc

Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2023 distributions to shareholders. The 2023 distribution characteristics are as follows:

Common Stock – CUSIP Number 297178105:

Record Date

Payment Date

Cash Distribution Per Share

Ordinary Taxable Dividend

Qualified Dividend

Return of Capital

Capital Gain (20% rate)

Unrecaptured Section 1250 Capital Gain (25% rate)

 

Section 199A Dividend

Section 897 Gain

1/3/2023

1/13/2023

$2.20000

$1.94610

$0.00000

$0.00000

$0.18300

$0.07090

$1.94610

$0.25390

3/31/2023

4/14/2023

$2.31000

$2.04340

$0.00000

$0.00000

$0.19215

$0.07445

$2.04340

$0.26660

6/30/2023

7/14/2023

$2.31000

$2.04340

$0.00000

$0.00000

$0.19215

$0.07445

$2.04340

$0.26660

9/29/2023

10/13/2023

$2.31000

$2.04340

$0.00000

$0.00000

$0.19215

$0.07445

$2.04340

$0.26660

Totals:

$9.13000

$8.07630

$0.00000

$0.00000

$0.75945

$0.29425

$8.07630

$1.05370

Percentages:

100%

88.459%

 

0.000%

8.318%

3.223%

 

 

The Company did not incur any foreign taxes during 2023.

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Additional information about the Company can be found on the Company’s website at www.essex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240119999563/en/

Loren Rainey Director, Investor Relations (650) 655-7800 lrainey@essex.com