NEW YORK, Jan. 23, 2013 /PRNewswire/ -- Capital Trust, Inc. (NYSE: CT) announced today the tax treatment of its 2012 common stock dividends.
During 2012, Capital Trust did not pay any regular quarterly dividends on its class A common stock. On December 20, 2012, Capital Trust paid a special dividend on its class A common stock of $2.00 per share. The following table describes the payment:
|
Payment
|
Dividend
|
Cash
|
Ordinary
|
Qualified
|
Return of
|
|
Date
|
Type
|
Distribution
|
Dividends
|
Dividends
|
Capital
|
|
|
|
|
|
|
|
12/20/2012
|
Special
|
$2.00
|
$1.122662
|
$0.000000
|
$0.877338
|
|
|
|
|
|
|
|
Total
|
|
$2.00
|
$1.122662
|
$0.000000
|
$0.877338
|
About Capital Trust
Capital Trust, Inc. (NYSE: CT) is a real estate finance company that specializes in credit sensitive structured financial products. To date, Capital Trust's investment programs have focused primarily on loans and securities backed by commercial real estate assets. The company is externally managed by BREDS / CT Advisor L.L.C., a subsidiary of Blackstone and is a real estate investment trust traded on the New York Stock Exchange under the symbol "CT". Capital Trust is headquartered in New York City.
About Blackstone
Blackstone (NYSE: BX) is one of the world's leading investment and advisory firms. Blackstone seeks to create positive economic impact and long-term value for its investors, the companies they invest in, the companies they advise and the broader global economy. Blackstone does this through the commitment of its extraordinary people and flexible capital. Its alternative asset management businesses include the management of private equity funds, real estate funds, hedge fund solutions, credit-oriented funds and closed-end mutual funds. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements relating to future financial results and business prospects. The forward-looking statements contained in this news release are subject to certain risks and uncertainties including, but not limited to, the performance of Capital Trust's investments, the timing of collections, its capability to repay indebtedness as it comes due, its ability to originate investments, the availability of capital and Capital Trust's tax status, as well as other risks indicated from time to time in Capital Trust's Form 10-K and Form 10-Q filings with the SEC. Capital Trust and Blackstone assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events or circumstances.
SOURCE Capital Trust, Inc.