VANCOUVER, Jan. 26,
2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE:
CIO) ("the Company"), today announced the tax treatment of its 2023
distributions to holders of the Company's common stock and 6.625%
Series A Cumulative Redeemable Preferred Stock ("Preferred
Stock"). The tax information provided below should not be
construed as tax advice and shareholders are encouraged to consult
with their tax advisors as to their specific tax treatment of the
Company's distributions. This information is being provided to
assist shareholders with tax reporting requirements related to
dividend distributions of taxable income by the Company.
Shareholders should review their Forms 1099 as well as other 2023
tax statements that they will receive from their brokerage firms or
other institutions to ensure that the statements agree with the
information provided below.
The CUSIP number for the Company's common stock is
178587101.
|
Record Date
|
Payment
Date
|
Total
Distribution
per Share
|
Ordinary
Dividends
|
Qualified
Dividends
|
Capital Gain
Distributions
|
Return of
Capital
|
Amount
Qualifying as a
Section 199A
Dividend
|
|
01/10/2023
|
01/24/2023
|
$ 0.200
|
$ -
|
$ -
|
$ -
|
$ 0.200000
|
$ -
|
|
04/11/2023
|
04/25/2023
|
$ 0.200
|
$ -
|
$ -
|
$ -
|
$ 0.200000
|
$ -
|
|
07/07/2023
|
07/21/2023
|
$ 0.100
|
$ -
|
$ -
|
$ -
|
$ 0.100000
|
$ -
|
|
10/10/2023
|
10/24/2023
|
$ 0.100
|
$ -
|
$ -
|
$ -
|
$ 0.100000
|
$ -
|
|
Form 1099-
DIV Box
|
|
|
1a
|
1b
|
2a
|
3
|
5
|
The CUSIP number for the Company's Preferred Stock is
178587200.
|
Record Date
|
Payment
Date
|
Total
Distribution
per Share
|
Ordinary
Dividends
|
Qualified
Dividends
|
Capital Gain
Distributions
|
Return of
Capital
|
Amount
Qualifying as a
Section 199A
Dividend
|
|
01/10/2023
|
01/24/2023
|
$ 0.414063
|
$ 0.205943
|
$ -
|
$ -
|
$ 0.208120
|
$ 0.205943
|
|
04/11/2023
|
04/25/2023
|
$ 0.414063
|
$ 0.205943
|
$ -
|
$ -
|
$ 0.208120
|
$ 0.205943
|
|
07/07/2023
|
07/21/2023
|
$ 0.414063
|
$ 0.205943
|
$ -
|
$ -
|
$ 0.208120
|
$ 0.205943
|
|
10/10/2023
|
10/24/2023
|
$ 0.414063
|
$ 0.205943
|
$ -
|
$ -
|
$ 0.208120
|
$ 0.205943
|
|
Form 1099-
DIV Box
|
|
|
1a
|
1b
|
2a
|
3
|
5
|
About City Office REIT, Inc.
City Office REIT is an internally-managed real estate company
focused on acquiring, owning and operating high-quality office
properties located predominantly in Sun Belt markets. City Office
currently owns or has a controlling interest in 5.7 million square
feet of office properties. The Company has elected to be taxed as a
real estate investment trust for U.S. federal income tax
purposes.
Forward-looking Statements
This press release contains "forward looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and other federal
securities laws. All statements that are not statements of
historical facts are, or may be deemed to be, forward looking
statements. Forward looking statements reflect our current
expectations concerning future results, objectives, plans and
goals, and involve known and unknown risks, uncertainties and other
factors that are difficult to predict and which may cause future
results, performance or achievements to differ. These risks,
uncertainties and other factors include factors described in our
news releases and filings with the United States Securities and
Exchange Commission (the "SEC"), including our Annual Report on
Form 10-K for the year ended December 31,
2022, which has been filed with the SEC. Readers of
this press release are cautioned to consider these risks and
uncertainties and not to place undue reliance on any
forward-looking statements. The Company does not undertake
any obligation to update any forward-looking statement, whether
written or oral, relating to matters discussed in this press
release, except as may be required by applicable securities
laws.
Contact
City Office REIT, Inc.
Anthony Maretic, CFO
+1-604-806-3366
investorrelations@cityofficereit.com
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SOURCE City Office REIT, Inc.