Starwood Property Trust Announces Tax Reporting Information
GREENWICH, Conn., Jan. 31, 2013 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced the tax treatment for the Company's aggregate distributions of $1.86 per share of common stock (CUSIP: 85571B105) paid with respect to the calendar year ended December 31, 2012:
|
Form 1099 Reference: |
(Boxes 1a + 2a + 3) |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 | |
|
Record Date |
Payable Date |
Cash Distribution Per Share |
Ordinary Taxable Dividend |
Taxable Qualified Dividends (1) |
Total Capital Gain Distribution |
Unrecaptured 1250 Gain (2) |
Nondividend Distributions (3) |
|
12/31/11 |
01/17/12 |
0.4400 |
0.3759 |
- |
0.0641 |
- |
- |
|
03/31/12 |
04/15/12 |
0.4400 |
0.3759 |
- |
0.0641 |
- |
- |
|
06/30/12 |
07/15/12 |
0.4400 |
0.3759 |
- |
0.0641 |
- |
- |
|
09/30/12 |
10/15/12 |
0.4400 |
0.3759 |
- |
0.0641 |
- |
- |
|
12/31/12 |
01/15/13 |
0.3298 |
0.2818 |
- |
0.0480 |
- |
- |
|
Totals |
2.0898 |
1.7855 |
- |
0.3043 |
- |
- | |
|
(1) |
Amounts in 1b are included in 1a |
||||||
|
(2) |
Amounts in 2b are included in 2a |
||||||
|
(3) |
Amounts in 3 are also known as Return of Capital |
||||||
As the Company's aggregate distributions exceeded its earnings and profits, a portion of the January 2013 distribution declared in the fourth quarter of 2012 and payable to shareholders of record as of December 31, 2012 will be treated as a 2013 distribution for federal tax purposes and is not included on the 2012 Form 1099.
About Starwood Property Trust, Inc.
Starwood Property Trust, Inc. is focused on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate debt investments, commercial mortgage-backed securities ("CMBS"), and other commercial real estate-related debt investments. Starwood Property Trust, Inc. also invests in residential mortgage-backed securities ("RMBS") and residential real estate owned, and may invest in non-performing loans, commercial properties subject to net leases and residential mortgage loans. The Company is externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group, and has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.
Investor Relations – Starwood Property Trust
Phone: 203-422-7788
Email: investorrelations@stwdreit.com
SOURCE Starwood Property Trust, Inc.
More by this Source
Starwood Property Trust, Inc. Reports Results for the Quarter Ended March 31, 2013
May 08, 2013, 07:15 ET
Starwood Property Trust And Starwood Capital Group Close Acquisition Of LNR Property LLC
Apr 22, 2013, 07:30 ET
Starwood Property Trust Announces Pricing of Common Stock Offering
Apr 09, 2013, 09:16 ET
Featured Video
Journalists and Bloggers
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.