RADNOR, Pa., Jan. 19, 2017 /PRNewswire/ -- Brandywine
Realty Trust (NYSE: BDN) announced today the tax characteristics of its 2016 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)
|
|
|
Dividend Dates
|
Record 1/6
Payment 1/20
|
Record 4/4
Payment 4/18
|
Record 7/6
Payment 7/20
|
Record 10/5
Payment 10/19
|
Totals
|
% of Annual
Total
|
|
Gross Distribution Per Share
|
$0.150000
|
$0.150000
|
$0.160000
|
$0.160000
|
$0.620000
|
100.0%
|
|
(Boxes 1a+2a+3)
|
|
|
|
|
|
|
|
Taxable Ordinary Dividend
|
$0
|
$0
|
$0
|
$0
|
$0
|
0.0%
|
|
(Box 1a)
|
|
|
|
|
|
|
|
Qualified Dividend Income
|
$0
|
$0
|
$0
|
$0
|
$0
|
0.0%
|
|
(Box 1b)
|
|
|
|
|
|
|
|
Total Capital Gain Distribution
|
$0.150000
|
$0.150000
|
$0.160000
|
$0.160000
|
$0.620000
|
100.0%
|
|
(Box 2a)
|
|
|
|
|
|
|
|
Total Unrecaptured Sec. 1250 Gain
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
|
(Box 2b)
|
|
|
|
|
|
|
|
Nondividend Distribution
|
$0
|
$0
|
$0
|
$0
|
$0
|
0.0%
|
|
(Box 3)
|
|
|
|
|
|
|
|
6.90% Series E Cumulative Redeemable Preferred Shares (CUSIP
105368609)
|
|
|
Dividend Dates
|
Record 3/30
Payment 4/15
|
Record 6/30
Payment 7/15
|
Record 09/30
Payment 10/17
|
Record 12/30
Payment 01/17
|
Totals
|
% of Annual
Total
|
|
Gross Distribution Per Share
|
$0.431250
|
$0.431250
|
$0.431250
|
$0.431250
|
$1.725000
|
100.0%
|
|
(Boxes 1a+2a+3)
|
|
|
|
|
|
|
|
Taxable Ordinary Dividend
|
$0
|
$0
|
$0
|
$0
|
$0
|
0.0%
|
|
(Box 1a)
|
|
|
|
|
|
|
|
Qualified Dividend Income
|
$0
|
$$0
|
$0
|
$0
|
$0
|
0.0%
|
|
(Box 1b)
|
|
|
|
|
|
|
|
Total Capital Gain Distribution
|
$0.431250
|
$0.431250
|
$0.431250
|
$0.431250
|
$1.725000
|
100.0%
|
|
(Box 2a)
|
|
|
|
|
|
|
|
Total Unrecaptured Sec. 1250 Gain
|
$0
|
$0
|
$0
|
$0
|
$0
|
|
|
(Box 2b)
|
|
|
|
|
|
|
|
Nondividend Distribution
|
$0
|
$0
|
$0
|
$0
|
$0
|
0.0%
|
|
(Box 3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A full tax report is available on our website at www.brandywinerealty.com - Investor Relations - 1099 Reporting.
About Brandywine Realty Trust
Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in
the United States with a core focus in the Philadelphia,
Washington, D.C., and Austin markets. Organized as a real
estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising
219 properties and 28.6 million square feet as of September 30, 2016, which excludes assets held
for sale. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we
foster, the communities in which we live and work, and the history we build together. 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 our and our affiliates' actual results, performance, achievements or transactions 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: our ability to lease vacant space and to
renew or relet space under expiring leases at expected levels; competition with other real estate companies for tenants; the
potential loss or bankruptcy of major tenants; interest rate levels; the availability of debt, equity or other financing; risks
of acquisitions, dispositions and developments, including the cost of construction delays and cost overruns; unanticipated
operating and capital costs; our ability to obtain adequate insurance, including coverage for terrorist acts; dependence upon
certain geographic markets; and general and local economic and real estate conditions, including the extent and duration of
adverse changes that affect the industries in which our tenants operate. Additional information on factors which could
impact us and the forward-looking statements contained herein are included in our filings with the Securities and Exchange
Commission, including our Form 10-K for the year ended December 31, 2015. We assume no
obligation to update or supplement forward-looking statements that become untrue because of subsequent events except as required
by law.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/brandywine-realty-trust-announces-tax-characteristics-of-its-2016-distributions-300393751.html
SOURCE Brandywine Realty Trust