Duke Realty Corporation (NYSE: DRE) Announces the Income Tax Characteristics of Its 2015 Common Share Dividends


INDIANAPOLIS, IN--(Marketwired - Jan 22, 2016) - Duke Realty Corporation (NYSE: DRE) announces the income tax characteristics of its 2015 common share dividends. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Duke Realty Corporation's dividends. 

Common Share Dividends:
Ticker Symbol DRE, CUSIP # 264411505



Payment Date
Total 2015 Distribution Per Share Total Ordinary Dividends Total Capital Gain Distribution Unrecaptured Section 1250 Gain
(1)
Form 1099-DIV Box Number  

1a
2a 2b
2/27/15  0.170000  0.007093  0.162907  0.123011
5/29/15  0.170000  0.007093  0.162907  0.123011
8/31/15  0.170000  0.007093  0.162907  0.123011
11/30/15  0.180000  0.007511  0.172489  0.130247
12/15/15 0.200000 0.008345 0.191655 0.144719
2015 Totals $0.890000 $0.037135 $0.852865 $0.643999
Percentage 100.0000% 4.1725% 95.8275%  
  (1) Unrecaptured Sec. 1250 Gain is a subset of, and is included in, the Total Capital Gain Distribution amount reported in box 2a of Form 1099-DIV.

For corporate shareholders, the Section 291(a) preference item is 14.4719% of total dividend distributions. The company did not incur any foreign taxes in 2015. For purposes of satisfying U.S. federal income tax withholding obligations under Section 1.1445-8 of the federal income tax regulations with respect to payments to foreign shareholders, Duke Realty Corporation characterizes the long-term capital gain portion of the dividends, including the Unrecaptured Section 1250 gain, described above as capital gain dividends.

About Duke Realty Corporation

Duke Realty Corporation owns, maintains an interest in or has under development 141 million rentable square feet of bulk distribution and office assets, including medical office, in 22 major U.S. metropolitan areas. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke Realty Corporation is available at dukerealty.com.

Contact Information:

Investor Relations Contacts:

Ron Hubbard
(317) 808-6060

Tax Contact:

Tracy D. Swearingen
(317) 808-6133