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Federal Realty Investment Trust Releases Tax Status of 2018 Distributions

ROCKVILLE, Md., Jan. 22, 2019 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) released today the Federal income tax treatment for 2018 distributions to holders of its Common Shares of Beneficial Interest (NYSE: FRT) and its 5.000% Series C Cumulative Redeemable Preferred Shares (NYSE: FRT.PRC).

Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets. Federal Realty's portfolio is located primarily in strategic metropolitan markets in the Northeast, Mid-Atlantic, and California. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has the longest consecutive record of annual dividend increases in the REIT industry. (PRNewsFoto/Federal Realty Investment Trust)

Common Shares (CUSIP # 313747206)

Record
Date

Payable
Date

Distribution
Per Share

Taxable
Ordinary
Dividend

Qualified
Dividend
(1)

Capital
Gains

Nontaxable
Distributions

Section
199A
Dividend (1)

01/02/2018

01/16/2018

$1.000000

$1.000000

$0.040000

$0.000000

$0.000000

$0.960000

03/14/2018

04/16/2018

$1.000000

$1.000000

$0.040000

$0.000000

$0.000000

$0.960000

06/22/2018

07/16/2018

$1.000000

$1.000000

$0.040000

$0.000000

$0.000000

$0.960000

09/21/2018

10/15/2018

$1.020000

$1.020000

$0.040800

$0.000000

$0.000000

$0.979200
 

2018 Totals

$4.020000

$4.020000

$0.160800

$0.000000

$0.000000

$3.859200

(1)   These amounts are a subset of, and included in, the 2018 Taxable Ordinary Dividend amounts.

5.000% Series C Cumulative Redeemable Preferred Shares (CUSIP # 313747602)

Record
Date

Payable
Date

Distribution
Per Share
(1)

Taxable
Ordinary
Dividend

Qualified
Dividend
(2)

Capital
Gains

Nontaxable
Distributions

Section 199A
Dividend (2)

01/02/2018

01/16/2018

$0.368056

$0.368056

$0.014722

$0.000000

$0.000000

$0.353334

04/02/2018

04/16/2018

$0.312500

$0.312500

$0.012500

$0.000000

$0.000000

$0.300000

07/02/2018

07/16/2018

$0.312500

$0.312500

$0.012500

$0.000000

$0.000000

$0.300000

10/01/2018

10/15/2018

$0.312500

$0.312500

$0.012500

$0.000000

$0.000000

$0.300000
 

2018 Totals

$1.305556

$1.305556

$0.052222

$0.000000

$0.000000

$1.253334

(1)   Amount represents dividends per depositary share, each representing 1/1000th of a share.
(2)   These amounts are a subset of, and included in, the 2018 Taxable Ordinary Dividend amounts.

The company did not incur any foreign taxes.  Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Federal Realty distributions.  Should you need any additional information, contact Leah Brady, Investor Relations, at 301-998-8265.

About Federal Realty

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 105 properties include approximately 3,000 tenants, in approximately 24 million square feet, and over 2,600 residential units. 

Federal Realty has increased its quarterly dividends to its shareholders for 51 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.FederalRealty.com.

Investor Inquires:          

Media Inquiries:

Leah Andress Brady                

Brenda Pomar

Investor Relations Manager        

301.998.8316                          

Corporate Communications Manager
301.998.8265                                                     

lbrady@federalrealty.com                          

bpomar@federalrealty.com

 

 

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SOURCE Federal Realty Investment Trust