Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2017 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount’s dividends.
Common Shares (CUSIP #69924R108)
Record |
Payable |
Total |
Total |
2017 Taxable |
Total Capital |
Total Section |
2017 Non- | |||||||||||||||||||
12/30/2016 | 01/13/2017 | $ | 0.095000 | $ | 0.095000 | $ | 0.048825 | $ | 0.008439 | $ | 0.001452 | $ | 0.037736 | |||||||||||||
03/31/2017 | 04/14/2017 | 0.095000 | 0.095000 | 0.048825 | 0.008439 | 0.001452 | 0.037736 | |||||||||||||||||||
06/30/2017 | 07/14/2017 | 0.095000 | 0.095000 | 0.048825 | 0.008439 | 0.001452 | 0.037736 | |||||||||||||||||||
09/29/2017 | 10/13/2017 | 0.095000 | 0.095000 | 0.048825 | 0.008439 | 0.001452 | 0.037736 | |||||||||||||||||||
Totals for 2017 | $ | 0.380000 | $ | 0.380000 | $ | 0.195300 | $ | 0.033756 | $ | 0.005808 | $ | 0.150944 | ||||||||||||||
(1) These amounts are a subset of, and included in, the Total Capital Gain Distribution amount. | ||||||||||||||||||||||||||
The regular quarterly cash dividend of $0.095 per share of common stock, which was declared on December 15, 2017 and paid on January 12, 2018 to the shareholders of record as of December 29, 2017, is allocable to 2018 for federal income tax purposes.
About Paramount Group, Inc.
Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City, Washington, D.C. and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.
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