GREENWICH, Conn., Jan. 26, 2021 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced the tax treatment for the Company's distributions on its common stock (CUSIP: 85571B105) paid with respect to the calendar year ended December 31, 2020:
Form 1099 Reference: | (Boxes 1a + 2a + 3) | Box 1a | Box 1b | Box 2a | Box 2b | Box 3 | Box 5 | |
Record Date | Payable Date | Total Distribution Per Share | Ordinary Taxable Dividend | Taxable Qualified Dividends (1) | Total Capital Gain Distribution | Unrecaptured 1250 Gain (2) | Nondividend Distributions (3) | Section 199A dividends (4) |
12/31/2019* | 1/15/2020 | 0.4721 | 0.3800 | 0.0482 | 0.0149 | 0.0015 | 0.0772 | 0.3318 |
3/31/2020 | 4/15/2020 | 0.4800 | 0.3864 | 0.0490 | 0.0151 | 0.0015 | 0.0785 | 0.3374 |
6/30/2020 | 7/15/2020 | 0.4800 | 0.3864 | 0.0490 | 0.0151 | 0.0015 | 0.0785 | 0.3374 |
9/30/2020 | 10/15/2020 | 0.4800 | 0.3864 | 0.0490 | 0.0151 | 0.0015 | 0.0785 | 0.3374 |
12/31/2020** | 1/15/2021 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
Totals | 1.9121 | 1.5392 | 0.1952 | 0.0602 | 0.0060 | 0.3127 | 1.3440 | |
(1) | Amounts in 1b are included in 1a | |||||||
(2) | Amounts in 2b are included in 2a | |||||||
(3) | Amounts in 3 are also known as Return of Capital | |||||||
(4) | Amounts in 5 are included in 1a |
* The dividend with a record date of 12/31/2019, payable on 1/15/2020 represents the portion of the $0.48 per share fourth quarter 2019 dividend that exceeded 2019 tax earnings and thus was not included on the 2019 Form 1099-DIV. |
**The fourth quarter distribution paid in January of 2021 will be treated as a 2021 distribution for federal tax purposes and is not included on the 2020 Form 1099. |
About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $65 billion of capital since inception and manages a portfolio of over $17 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.
Contact:Zachary TanenbaumStarwood Property Trust Phone: 203-422-7788 Email: ztanenbaum@starwood.com
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SOURCE Starwood Property Trust, Inc.