Essex Reports Characteristics of 2014 Dividend
(firmenpresse) - PALO ALTO, CA -- (Marketwired) -- 01/27/15 -- Essex Property Trust, Inc. (NYSE: ESS) announced today the income tax treatment for its 2014 distributions to shareholders. The 2014 distribution characteristics are as follows:
For purposes of calculating alternative minimum taxable income under Sec. 55 of the Internal Revenue Code of 1986, the Company apportions $0.08 per common share attributable to depreciation assuming a full year of ownership.
The Company did not incur any foreign taxes during 2014.
Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 240 apartment communities with an additional 14 properties in various stages of active development. Additional information about Essex can be found on the Company's web site at .
Barb Pak
Director of Investor Relations
(650) 494-3700
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Datum: 28.01.2015 - 01:14 Uhr
Sprache: Deutsch
News-ID 367307
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PALO ALTO, CA
Kategorie:
Commercial & Investment Banking
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