GREENWICH, Conn., Jan. 30,
2023 /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, 2022:
Form 1099
Reference:
|
|
|
(Boxes 1a
+
2a + 3)
|
Box
1a
|
Box
1b
|
Box
2a
|
Box
2b
|
Box
2e
|
Box
2f
|
Box 3
|
Box 5
|
Record Date
|
Payable Date
|
Cash
Distribution
|
Adjustment
|
Total
Dividend Per
Share
(i)
|
Ordinary
Taxable
Dividend
|
Taxable
Qualified
Dividends
(ii)
|
Total Capital
Gain
Distribution
(iii)
|
Unrecaptured
1250 Gain
(iv)
|
Section 897
Ordinary
Dividends
(ii)
|
Section
897
Capital
Gain
(iv)
|
Nondividend
Distributions
(v)
|
Section 199A
dividends
(ii)
|
12/31/2021
|
1/14/2022
|
0.4800
|
-0.4045
|
0.0755
|
0.0556
|
0.0009
|
0.0199
|
0.0007
|
0.0000
|
0.0186
|
0.0000
|
0.0547
|
3/31/2022
|
4/15/2022
|
0.4800
|
0.0000
|
0.4800
|
0.3534
|
0.0054
|
0.1266
|
0.0041
|
0.0000
|
0.1185
|
0.0000
|
0.3480
|
6/30/2022
|
7/15/2022
|
0.4800
|
0.0000
|
0.4800
|
0.3534
|
0.0054
|
0.1266
|
0.0041
|
0.0000
|
0.1185
|
0.0000
|
0.3480
|
9/30/2022
|
10/14/2022
|
0.4800
|
0.0000
|
0.4800
|
0.3534
|
0.0054
|
0.1266
|
0.0041
|
0.0000
|
0.1185
|
0.0000
|
0.3480
|
12/30/2022
|
1/13/2023
|
0.4800
|
0.0000
|
0.4800
|
0.3534
|
0.0054
|
0.1266
|
0.0041
|
0.0000
|
0.1185
|
0.0000
|
0.3480
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals
|
2.4000
|
-0.4045
|
1.9955
|
1.4692
|
0.0225
|
0.5263
|
0.0171
|
0.0000
|
0.4926
|
0.0000
|
1.4467
|
|
|
(i)
|
As the Company's
aggregate 2021 cash distributions exceeded its 2021 earnings and
profits, a portion of the January 2022 cash distribution declared
in the fourth quarter of 2021 was treated as a 2022 distribution
for federal income tax purposes and not included on the 2021 Form
1099. If you were a stockholder of record as of December 31, 2021,
$0.4045 was reported on your 2021 Form 1099 and $0.0755 is reported
on your 2022 Form 1099.
|
(ii)
|
Amounts in Box 1b, Box
2e, and Box 5 are included in Box 1a
|
(iii)
|
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
$0.1012 and the portion relating to the 'Three Year Amounts
Disclosure' is equal to $0.0921.
|
(iv)
|
Amounts in Box 2b and
Box 2f are included in Box 2a
|
(v)
|
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 $93 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: ztanenbaum@starwood.com
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SOURCE Starwood Property Trust, Inc.