ROCKVILLE, Md., Jan. 22, 2020 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) released today the Federal income tax treatment for 2019 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 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.

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)

01/02/2019

01/15/2019

$1.020000

$1.020000

$0.000000

$0.000000

$0.000000

$1.020000

03/14/2019

04/15/2019

$1.020000

$1.020000

$0.000000

$0.000000

$0.000000

$1.020000

06/21/2010

07/15/2019

$1.020000

$1.020000

$0.000000

$0.000000

$0.000000

$1.020000

09/23/2019

10/15/2019

$1.050000

$1.050000

$0.000000

$0.000000

$0.000000

$1.050000

 

2019 Totals

$4.110000

$4.110000

$0.000000

$0.000000

$0.000000

$4.110000

   

(1)

These amounts are a subset of, and included in, the 2019 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)

01/02/2019

01/15/2019

$0.312500

$0.312500

$0.000000

$0.000000

$0.000000

$0.312500

04/01/2019

04/15/2019

$0.312500

$0.312500

$0.000000

$0.000000

$0.000000

$0.312500

07/01/2019

07/15/2019

$0.312500

$0.312500

$0.000000

$0.000000

$0.000000

$0.312500

10/01/2019

10/15/2019

$0.312500

$0.312500

$0.000000

$0.000000

$0.000000

$0.312500

 

2019 Totals

$1.250000

$1.250000

$0.000000

$0.000000

$0.000000

$1.250000

   

(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 2019 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 104 properties include approximately 3,000 tenants, in 24 million square feet, and over 2,600 residential units. 

Federal Realty has increased its quarterly dividends to its shareholders for 52 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 Senior Manager        

Corporate Communications Manager

301.998.8265

301.998.8316

lbrady@federalrealty.com

bpomar@federalrealty.com

 

 

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SOURCE Federal Realty Investment Trust