NEW
YORK, Jan. 31, 2025 /PRNewswire/
-- Bluerock Homes Trust, Inc. announced today that the income
tax treatment for 2024 dividends on the Company's common stock and
preferred stock is as follows:
2024 REPORTING INFORMATION (FORM 1099) – DIVIDENDS
The income tax treatment for 2024 dividends for Bluerock Homes
Trust, Inc.'s Class A common stock, traded on the NYSE American
Exchange under ticker symbol BHM, and Class C common stock, are as
follows (as reported on Form 1099-DIV):
Class A Common Stock, CUSIP #09631H100, and Class C Common
Stock:
Class A & C
Common Stock
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Record
Date
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Payable
Date
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Distribution
Rate Per Share
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Ordinary Dividend
Rate
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Non-Dividend
Rate
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Total Capital Gains
Rate
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Total
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12/29/2023
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1/5/2024
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$
0.840551
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0.000000 %
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100.000000 %
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0.000000 %
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100.000000 %
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Please note that, of the one-time, special cash dividend of
$1.00 per share of the Company's
Class A common stock and Class C common stock paid on January 5, 2024, $0.159449 was included in the 2023 taxable
dividend, and $0.840551 is included
in tax year 2024 as a non-dividend / return of capital for federal
income tax purposes.
Series A Preferred Stock
The income tax treatment for 2024 dividends for Bluerock Homes
Trust, Inc.'s Series A Preferred Stock, is as follows (as reported
on Form 1099-DIV):
Series A Preferred Stock CUSIP #s: 09631H209,
09631H308, 09631H506, 09631H605, 09631H704, 09631H803, 09631H886,
09631H878, 09631H860, 09631H852, 09631H845, 09631H837, 09631H829,
09631H811, 09631H795, 09631H787, 09631H779, 09631H761, 09631H753,
09631H746, 09631H738, 09631H720, 09631H712, 09631H696, 09631H688,
09631H670, 09631H662, 09631H654, 09631H647, 09631H639, 09631H621,
09631H613, and 09631H597.
Series A Preferred
Stock
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Record
Date
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Payable
Date
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Distribution
Rate Per Share
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Ordinary Dividend
Rate
|
Non-Dividend
Rate
|
Total Capital Gains
Rate
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Total
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1/25/2024
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2/5/2024
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$
0.125337
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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2/23/2024
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3/5/2024
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$
0.128458
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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3/25/2024
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4/5/2024
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$
0.129603
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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4/25/2024
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5/3/2024
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$
0.134953
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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5/24/2024
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6/5/2024
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$
0.152507
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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6/25/2024
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7/5/2024
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$
0.152775
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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7/25/2024
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8/5/2024
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$
0.152862
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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8/23/2024
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9/5/2024
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$
0.152633
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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9/25/2024
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10/4/2024
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$
0.147237
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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10/25/2024
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11/5/2024
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$
0.141593
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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11/25/2024
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12/5/2024
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$
0.138024
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8.040619 %
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30.415403 %
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61.543979 %
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100.000000 %
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Dividend amount shown is for the full month in which the
record date occurs. The dividend amount above includes the Series A
Preferred Dividend, the Series A Preferred Special Dividend, and
the Series A Preferred Enhanced Special Dividend, as applicable.
Certain shares issued during the month received a pro-rated
dividend amount that is less than the dividend amount shown.
The classification for federal income taxes remains the same.
The capital gain, Section 199A, and Section 897
information for all Series A Preferred dividends are:
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Capital Gain
Breakdown
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Section 199A
Dividends (% of Ordinary Dividends)
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Section 897
Dividends (% of Ordinary Dividends)
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20% Rate
Gain
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Section 1250
Gain
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Total Capital
Gain
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Sect. 897 % of
Capital Gains
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30.264600 %
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69.735400 %
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100.000000 %
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100.000000 %
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28.898749 %
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100.000000 %
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About Bluerock Homes Trust, Inc.
Bluerock Homes
Trust, Inc. (NYSE American: BHM), headquartered in
New York, New York, is an
externally managed REIT that owns and operates
high-quality single-family properties located in attractive markets
with a focus on the knowledge-economy and high quality of life
regions of the Sunbelt and high growth areas of the Western United States. BHM's
principal objective is to generate attractive risk-adjusted
investment returns by assembling a portfolio of pre-existing
single-family rental homes and developing build-to-rent
communities. BHM properties are located across a
diverse group of growth markets and will seek to target a growing
pool of middle-market renters seeking the single-family lifestyle
without the upfront and ongoing investments associated with home
ownership. For more information, please visit
bluerockhomes.com.
Forward Looking Statements
This press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 and other federal
securities laws. These forward-looking statements are based upon
the Company's present expectations, but these statements are not
guaranteed to occur. Furthermore, the Company disclaims any
obligation to publicly update or revise any forward-looking
statement to reflect changes in underlying assumptions or factors,
of new information, data or methods, future events or other
changes. Investors should not place undue reliance upon
forward-looking statements. For further discussion
of the factors that could affect outcomes, please refer to
the risk factors set forth in Item 1A of the Company's
Annual Report on Form 10-K filed by the Company with the
U.S. Securities and Exchange Commission ("SEC")
on March 12, 2024, and subsequent filings
by the Company with the SEC. We claim the safe harbor
protection for forward looking statements contained in the Private
Securities Litigation Reform Act of 1995.
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SOURCE Bluerock Homes Trust, Inc.