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Brandywine Realty Trust Announces Tax Characteristics of Its 2013 Distributions

BDN

RADNOR, Pa., Jan. 29, 2014 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today the tax characteristics of its 2013 distributions.  The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of dividends.  The characteristics of the Company's distributions are as follows:

 

Common Shares of Beneficial Interest (CUSIP 105368203)


 

 

RECORD

DATE

 

 

PAYABLE

DATE

(Boxes 1a + 2a +3)

GROSS

DISTRIBUTION

PER SHARE

(Box 1a)

TAXABLE

ORDINARY

DIVIDEND

(Box 2a)

TOTAL

CAPITAL GAIN

DISTRIBUTION

(Box 3)

NONDIVIDEND

DISTRIBUTION

(Return Of Capital)

1/4/2013

1/18/2013

$0.150000

$0.130289

$0

$0.019711

4/5/2013

4/19/2013

$0.150000

$0.130289

$0

$0.019711

7/5/2013

7/19/2013

$0.150000

$0.130289

$0

$0.019711

10/4/2013

10/18/2013

$0.150000

$0.130289

$0

$0.019711







Total


$0.600000

$0.521156

$0

$0.078844

% of Total


100.0%

86.9%

0.0%

13.1%

 

6.90% Series E Cumulative Redeemable Preferred Shares (CUSIP 105368609)


 

 

RECORD

DATE

 

 

PAYABLE

DATE

(Boxes 1a + 2a +3)

GROSS

DISTRIBUTION

PER SHARE

(Box 1a)

TAXABLE

ORDINARY

DIVIDEND

(Box 2a)

TOTAL

CAPITAL GAIN

DISTRIBUTION

(Box 3)

NONDIVIDEND

DISTRIBUTION

(Return Of Capital)

3/30/2013

4/15/2013

$0.431250

$0.431250

$0

$0

6/30/2013

7/15/2013

$0.431250

$0.431250

$0

$0

9/30/2013

10/15/2013

$0.431250

$0.431250

$0

$0

12/30/2013

1/15/2014

$0.431250

$0.431250

$0

$0







Total


$1.72500

$1.72500

$0

$0

% of Total


100.0%

100.0%

0.0%

0.0%

 

A full tax report is available on our website at www.brandywinerealty.com - Investor Relations - 1099 Reporting.

About Brandywine Realty Trust

Brandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States.  Organized as a real estate investment trust and operating in select markets, Brandywine owns, leases and manages an urban, town center and suburban office portfolio comprising 282 properties and 32.9 million square feet, including 204 properties and 24.8 million square feet owned on a consolidated basis and 60 properties and 5.7 million square feet in 17 unconsolidated real estate ventures all as of December 31, 2013. For more information, please visit www.brandywinerealty.com.


Forward-Looking Statements

Certain statements in this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, achievements or transactions of the Company and its affiliates or industry results to be materially different from any future results, performance, achievements or transactions expressed or implied by such forward-looking statements.  Such risks, uncertainties and other factors relate to, among others, the Company's ability to lease vacant space and to renew or relet space under expiring leases at expected levels, the potential loss of major tenants, interest rate levels, the availability and terms of debt and equity financing, competition with other real estate companies for tenants and acquisitions, risks of real estate acquisitions, dispositions and developments, including cost overruns and construction delays, unanticipated operating costs and the effects of general and local economic and real estate conditions.  Additional information or factors which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2012.  The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

 

SOURCE Brandywine Realty Trust



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