CIM Commercial Trust Corporation Announces Tax Treatment of 2017 Dividends
The characterization of dividends declared by
COMMON STOCK DIVIDENDS | ||||||||||||||||
Type |
Record |
Paid Dates |
Dividend |
Qualified |
Non- |
Capital |
Unrecaptured |
Non- |
||||||||
Regular | 3/20/2017 | 3/27/2017 | $0.21875 | $0.00000 | $0.00000 | $0.07771 | $0.02210 | $0.14104 | ||||||||
Special | 4/17/2017 | 4/24/2017 | $0.28000 | $0.00000 | $0.00000 | $0.09947 | $0.02828 | $0.18053 | ||||||||
Regular | 6/20/2017 | 6/27/2017 | $0.12500 | $0.00000 | $0.00000 | $0.04441 | $0.01263 | $0.08059 | ||||||||
Special | 6/20/2017 | 6/27/2017 | $1.98000 | $0.00000 | $0.00000 | $0.70339 | $0.20001 | $1.27661 | ||||||||
Regular | 9/18/2017 | 9/25/2017 | $0.12500 | $0.00000 | $0.00000 | $0.04441 | $0.01263 | $0.08059 | ||||||||
Regular | 12/21/2017 | 12/28/2017 | $0.12500 | $0.00000 | $0.00000 | $0.04441 | $0.01263 | $0.08059 | ||||||||
Special | 12/29/2017 | 1/11/2018 | $0.73000 | $0.00000 | $0.00000 | $0.25933 | $0.07374 | $0.47067 | ||||||||
$3.58375 | $0.00000 | $0.00000 | $1.27313 | $ 0.36202 | $ 2.31062 | |||||||||||
(1) Unrecaptured Section 1250 Gain is a subset of, and is included in, the Capital Gain Dividend amount.
SERIES A PREFERRED STOCK DIVIDENDS | ||||||||||||||||
Type |
Record |
Paid Dates |
Dividend |
Qualified |
Non- |
Capital |
Unrecaptured |
Non- |
||||||||
Regular | 4/5/2017 | 4/17/2017 | $0.34375 | $0.00000 | $0.00000 | $0.34375 | $0.09775 | $0.00000 | ||||||||
Regular | 7/5/2017 | 7/17/2017 | $0.34375 | $0.00000 | $0.00000 | $0.34375 | $0.09775 | $0.00000 | ||||||||
Regular | 10/5/2017 | 10/16/2017 | $0.34375 | $0.00000 | $0.00000 | $0.34375 | $0.09775 | $0.00000 | ||||||||
Regular | 1/5/2018 | 1/16/2018 | $0.34375 | $0.00000 | $0.00000 | $0.34375 | $0.09775 | $0.00000 | ||||||||
$1.37500 | $0.00000 | $0.00000 | $ 1.37500 | $ 0.39100 | $ 0.00000 | |||||||||||
(1) Unrecaptured Section 1250 Gain is a subset of, and is included in, the Capital Gain Dividend amount.
The purpose of this press release is provided for informational purposes only and does not constitute tax advice. Shareholders should consult their own tax advisor as to the tax treatment of their dividends.
ABOUT CIM COMMERCIAL TRUST CORPORATION
CIM Commercial Trust Corporation is a real estate investment trust
(REIT) that principally invests in, owns, and operates Class A and
creative office investments located in vibrant and improving urban
communities throughout the U.S. Properties are primarily located in Los
Angeles, the San Francisco Bay Area and Washington,
FORWARD-LOOKING STATEMENTS
The information set forth herein contains "forward-looking statements."
You can identify these statements by the fact that they do not relate
strictly to historical or current facts or discuss the business and
affairs of
As you read and consider the information herein, you are cautioned to
not place undue reliance on these forward-looking statements. These
statements are not guarantees of performance or results and speak only
as of the date hereof. These forward-looking statements involve risks,
uncertainties and assumptions. In light of these risks and
uncertainties, there can be no assurance that the results and events
contemplated by the forward-looking statements contained herein will in
fact transpire. New factors emerge from time to time, and it is not
possible for
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Source:
For CIM Commercial Trust Corporation
Media Relations:
Bill
Mendel, 212-397-1030
bill@mendelcommunications.com
or
Investor
Relations:
Steve Altebrando, 646-652-8473
investors@cimcommercial.com