Postal Realty Rely on Declares Fourth Quarter 2020 Dividend | Company & Finance
CEDARHURST, N.Y.–(Organization WIRE)–Jan 29, 2021–
Postal Realty Have faith in, Inc. (NYSE:PSTL) (the “Company”), an internally managed authentic estate investment decision believe in that owns houses leased primarily to the United States Postal Services (the “USPS”), declared today its board of administrators has accepted a quarterly dividend on the Company’s Class A popular stock in the volume of $.2175 for each share representing its sixth consecutive dividend increase considering the fact that likely public in 2019. The dividend will be payable on February 26, 2021 to stockholders of file as of the shut of business enterprise on February 12, 2021.
Tax Cure 2020 Dividends
The pursuing table summarizes, for cash flow tax reasons, the nature of the dollars dividends paid out to the Company’s prevalent shareholders for the tax year finished December 31, 2020:
Prevalent Stock (CUSIP # 73757R 102) |
||||||||||||||||
Record |
|
Payment |
|
Whole |
|
Whole |
|
2020 Taxable |
||||||||
2/14/2020 |
|
2/28/2020 |
|
$.1700 |
|
$.1700 |
|
$.1011 |
||||||||
5/11/2020 |
|
5/29/2020 |
|
$.2000 |
|
$.2000 |
|
$.1189 |
||||||||
8/14/2020 |
|
8/31/2020 |
|
$.2050 |
|
$.2050 |
|
$.1219 |
||||||||
11/16/2020 |
|
11/30/2020 |
|
$.2150 |
|
$.2150 |
|
$.1278 |
||||||||
Total |
|
$.7900 |
|
$.7900 |
|
$.4697 |
The information and facts in the desk higher than is primarily based on the preliminary success of do the job on the tax filings of Postal Realty Have faith in and is topic to correction or adjustment when the filings are finished. No content transform in these classifications is anticipated. The tax information and facts previously mentioned should not be construed as tax guidance and is not a substitute for thorough tax arranging and investigation. Shareholders are encouraged to consult with with their own tax advisors relating to the precise federal, state, regional, overseas and other tax outcomes of ownership of Postal Realty Trust’s widespread shares and the certain tax cure of distributions on Postal Realty Trust’s popular shares.
About Postal Realty Have confidence in, Inc.
Postal Realty Have faith in, Inc. is an internally managed actual estate financial commitment rely on that owns and manages more than 1,100 houses leased principally to the USPS. The Corporation thinks it is one particular of the greatest homeowners and managers of houses leased to the USPS.
Ahead-Wanting and Cautionary Statements
This press release contains “forward-searching statements.” Forward-hunting statements include things like statements that are centered on several assumptions (some of which are beyond our command) and might be identified by words and phrases this kind of as “could,” “may,” “might,” “will,” “likely,” “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “continues,” “projects” and very similar references to foreseeable future periods, or by the inclusion of forecasts or projections. Forward-hunting statements, including statements about the Company’s ability to shut on any pending transactions on the terms or timing it expects, if at all, are based mostly on the Company’s present-day expectations and assumptions about capital sector conditions the Company’s business enterprise, the economic system and other long term situations. Since ahead-seeking statements relate to the upcoming, by their nature, they are issue to inherent uncertainties, challenges and changes in situations that are complicated to predict. As a consequence, the Company’s genuine final results might differ materially from people contemplated by the ahead-hunting statements. Significant things that could result in true success to differ materially from those in the forward-on the lookout statements include the USPS’s terminations or non-renewals of leases, improvements in need for postal solutions shipped by the USPS, the solvency and economic health of the USPS, aggressive, money industry and regulatory disorders, general actual estate current market disorders, the Company’s aggressive ecosystem and other variables set forth beneath “Risk Factors” in the Company’s filings with the Securities and Exchange Fee. Any ahead-searching statement made in this press launch speaks only as of the day on which it is designed. The Firm undertakes no obligation to publicly update or revise any ahead-looking statement, irrespective of whether as a consequence of new details, future developments or or else.
Get hold of: Trader Relations and Media Relations
E-mail:[email protected]
Key phrase: UNITED STATES NORTH The united states NEW YORK
Field Search phrase: Industrial Setting up & Serious ESTATE Design & Property REIT
Source: Postal Realty Rely on, Inc.
Copyright Business enterprise Wire 2021.
PUB: 01/29/2021 07:30 AM/DISC: 01/29/2021 07:30 AM
Copyright Small business Wire 2021.