Parkway Provides Tax Treatment Of 2015 Dividends

Jan 29, 2016, 16:15 ET from Parkway Properties, Inc.

ORLANDO, Fla., Jan. 29, 2016 /PRNewswire/ -- Parkway Properties, Inc. (NYSE: PKY) provided today the tax treatment for its 2015 distributions, as follows.

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Common Stock (CUSIP #70159Q10-4, ticker symbol PKY on the NYSE):

Total

Total

Unrecaptured

Record

Payment

Distribution

Ordinary

Qualified

Capital Gain

Section 1250

Nondividend

Date

Date

Per Share

Dividends

Dividends

Distribution

Gain (1)

Distributions (2)

03/11/15

03/25/15

$0.187500

$0.000000

$0.000000

$0.000000

$0.000000

$0.187500

06/10/15

06/24/15

$0.187500

$0.091312

$0.000000

$0.000000

$0.000000

$0.096188

09/16/15

09/30/15

$0.187500

$0.014595

$0.000000

$0.000000

$0.000000

$0.172905

12/16/15

12/30/15

$0.187500

$0.162945

$0.000000

$0.000000

$0.000000

$0.024555

Totals

$0.750000

$0.268852

$0.000000

$0.000000

$0.000000

$0.481148

(1) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain Distribution.  (2) Return of Capital

The Company did not incur any foreign taxes. Stockholders are urged to consult with their tax advisors as to their specific tax treatment of Parkway Properties, Inc. common distributions. 

About Parkway Properties

Parkway Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust specializing in the acquisition, ownership, development and management of quality office properties in higher growth submarkets in the Sunbelt region of the United States. Parkway owns or has an interest in 36 office properties located in six states with an aggregate of approximately 14.3 million square feet of leasable space at January 1, 2016. Fee-based real estate services are offered through wholly owned subsidiaries of the Company, which in total manage and/or lease approximately 2.7 million square feet for third-party owners at January 1, 2016.

Contact: David R. O'Reilly Executive Vice President and Chief Financial Officer (407) 650-0593

SOURCE Parkway Properties, Inc.



RELATED LINKS

http://www.pky.com