JERSEY
CITY, N.J., Jan. 22,
2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE:
VRE) ("Veris Residential" or the "Company"), a forward-thinking,
environmentally and socially conscious REIT that primarily owns,
operates, acquires and develops Class A multifamily properties,
today announced the tax treatment of its 2023 Distributions.
The Company's total distribution of $0.05 per share of common stock (CUSIP
#554489104) is to be classified for income tax purposes as
follows:
RECORD
|
PAYMENT
|
CASH
DISTRIBUTIONS
|
TAXABLE
|
TOTAL
|
UNRECAPTURED
|
SECTION
|
RETURN OF
CAPITAL
|
DATE
|
DATE
|
PER SHARE
|
ORDINARY
DIVIDENDS
|
CAPITAL
GAIN
|
SECTION 1250
GAIN
|
199A
DIVIDENDS
|
DISTRIBUTIONS
|
9/30/2023
|
10/10/2023
|
$
0.05
|
$
-
|
$
-
|
$
-
|
$
-
|
$
0.05
|
|
|
|
|
|
|
|
|
TOTALS
|
|
$
0.05
|
$
-
|
$
-
|
$
-
|
$
-
|
$
0.05
|
|
|
|
|
|
|
|
|
Shareholders are encouraged to consult with their tax advisors
as to their specific tax treatment of Veris Residential, Inc.
distributions.
About Veris Residential, Inc.
Veris Residential, Inc. is a forward-thinking, environmentally
and socially conscious real estate investment trust (REIT) that
primarily owns, operates, acquires, and develops holistically
inspired, Class A multifamily properties that meet the
sustainability-conscious lifestyle needs of today's residents while
seeking to positively impact the communities it serves and the
planet at large. The company is guided by an experienced management
team and Board of Directors and is underpinned by leading corporate
governance principles, a best-in-class and sustainable approach to
operations, and an inclusive culture based on equality
and meritocratic empowerment. For additional information on
Veris Residential, Inc. and our properties available for lease,
please visit https://verisresidential.com.
Investors
Anna Malhari
Chief Operating Officer
investors@verisresidential.com
Media
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
212-257-4170
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SOURCE Veris Residential, Inc.