PALO ALTO, CA--(Marketwire - Jan 17, 2012) - Essex Property Trust, Inc. (
Common Stock - CUSIP Number 297178105:
Unrecaptured | ||||||||||||
Cash | Ordinary | Section 1250 | ||||||||||
Record | Payment | Distribution | Taxable | Return of | Capital Gain | Capital Gain | ||||||
Date | Date | Per Share | Dividend | Capital | (15% rate) | (25% rate) | ||||||
1/3/2011 | 1/14/2011 | $1.032500 | $0.657556 | $0.252089 | $0.115223 | $0.007631 | ||||||
3/31/2011 | 4/15/2011 | $1.040000 | $0.662333 | $0.253921 | $0.116060 | $0.007687 | ||||||
6/30/2011 | 7/15/2011 | $1.040000 | $0.662333 | $0.253921 | $0.116060 | $0.007687 | ||||||
9/30/2011 | 10/14/2011 | $1.040000 | $0.662333 | $0.253921 | $0.116060 | $0.007687 | ||||||
Totals: | $4.152500 | $2.644554 | $1.013851 | $0.463404 | $0.030691 | |||||||
Percentages: | 100% | 63.6858% | 24.4154% | 11.1596% | 0.7391% | |||||||
For purposes of calculating alternative minimum taxable income under Sec. 55 of the Internal Revenue Code of 1986, the Company apportions $0.09 per common share attributable to depreciation assuming a full year of ownership.
Series F Preferred - CUSIP Number 297178204:
Unrecaptured | ||||||||||||
Cash | Ordinary | Section 1250 | ||||||||||
Record | Payment | Distribution | Taxable | Return of | Capital Gain | Capital Gain | ||||||
Date | Date | Per Share | Dividend | Capital | (15% rate) | (25% rate) | ||||||
2/15/2011 | 3/1/2011 | $0.488280 | $0.488280 | $0.000000 | $0.000000 | $0.000000 | ||||||
5/13/2011 | 6/1/2011 | $0.488280 | $0.488280 | $0.000000 | $0.000000 | $0.000000 | ||||||
Totals: | $0.97656 | $0.97656 | $0.00000 | $0.00000 | $0.00000 | |||||||
Percentages: | 100% | 100.0000% | 0.0000% | 0.0000% | 0.0000% | |||||||
Series G Preferred - CUSIP Number 297178303:
Unrecaptured | ||||||||||||
Cash | Ordinary | Section 1250 | ||||||||||
Record | Payment | Distribution | Taxable | Return of | Capital Gain | Capital Gain | ||||||
Date | Date | Per Share | Dividend | Capital | (15% rate) | (25% rate) | ||||||
1/3/2011 | 1/31/2011 | $0.304690 | $0.304690 | $0.000000 | $0.000000 | $0.000000 | ||||||
4/1/2011 | 5/2/2011 | $0.304690 | $0.304690 | $0.000000 | $0.000000 | $0.000000 | ||||||
7/1/2011 | 8/1/2011 | $0.304690 | $0.304690 | $0.000000 | $0.000000 | $0.000000 | ||||||
10/3/2011 | 10/31/2011 | $0.304690 | $0.304690 | $0.000000 | $0.000000 | $0.000000 | ||||||
Totals: | $1.21876 | $1.21876 | $0.00000 | $0.00000 | $0.00000 | |||||||
Percentages: | 100% | 100.0000% | 0.0000% | 0.0000% | 0.0000% | |||||||
Series H Preferred - CUSIP Number 297178402:
Unrecaptured | ||||||||||||
Cash | Ordinary | Section 1250 | ||||||||||
Record | Payment | Distribution | Taxable | Return of | Capital Gain | Capital Gain | ||||||
Date | Date | Per Share | Dividend | Capital | (15% rate) | (25% rate) | ||||||
7/1/2011 | 7/15/2011 | $0.445310 | $0.445310 | $0.000000 | $0.000000 | $0.000000 | ||||||
10/3/2011 | 10/17/2011 | $0.445310 | $0.445310 | $0.000000 | $0.000000 | $0.000000 | ||||||
Totals: | $0.89062 | $0.89062 | $0.00000 | $0.00000 | $0.00000 | |||||||
Percentages: | 100% | 100.0000% | 0.0000% | 0.0000% | 0.0000% | |||||||
The Company did not incur any foreign taxes during 2011.
Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex Property Trust, Inc. dividends.
Essex Property Trust, Inc., located in Palo Alto, California and traded on the New York Stock Exchange (ESS), is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast communities. Essex currently has ownership interests in 155 multifamily communities with an additional 5 properties in various stages of development. Additional information about Essex can be found on the Company's web site at www.essexpropertytrust.com. If you would like to receive future press releases via e-mail-please send a request to investors@essexpropertytrust.com.
Contact Information:
Bryan Hunt
(650) 849-5823