The Federal Real Estate Investment Trust publishes the tax status of distributions for 2022

NORTH BETHESDA, Md, January 24, 2023 /PRNewswire/ — Federal Real Estate Investment Trust (NYSE:FRT) today released the federal income tax treatment of distributions in 2022 to holders of its Beneficial Interest Common Stock (NYSE: FRT ) and its 5,000% Cumulative Preferred Stock Series C (NYSE : FRT.PRC).

Common Stock (CUSIP # 313745101)

Record date

Date of payment

Distribution per share

Taxable ordinary dividend

Capital gains (4)

Unrecap. Sec 1250(2)

Tax-free distributions

Section 199A Dividends (1)

Section 897 Capital gain (Box 2f) (3)

03/01/2022

18.01.2022

$1.07000

$0.87740

$0.19260

$0.073188

$0.00000

$0.87740

$0.19260

16.03.2022

15/04/2022

$1.07000

$0.87740

$0.19260

$0.073188

$0.00000

$0.87740

$0.19260

06/22/2022

15/07/2022

$1.07000

$0.87740

$0.19260

$0.073188

$0.00000

$0.87740

$0.19260

22/09/2022

10/17/2022

$1.08,000

$0.88560

$0.19440

$0.073872

$0.00000

$0.88560

$0.19440


Total for 2022

$4.29,000

$3.51780

$0.77220

$0.293436

$0.00000

$3.51780

$0.77220

(1)

These amounts form part of and are included in the 2022 taxable ordinary dividend amounts.

(2)

These amounts are part of and included in the 2022 capital gain amounts.

(3)

The amount of quarterly dividends treated as a disposition of a United States real estate investment for purposes of Section 897 of the Internal Revenue Code (IRC) is reported in box 2f. Box 2f is a subset of and is included in the 2022 capital gain amounts.

(4)

Pursuant to Treasury Department Section 1.1061-6(c), Federal Realty Investment Trust discloses the following information to its shareholders. “Disclosure of Amounts for One Year” is zero percent of the capital gain distribution distributed to each shareholder and “Disclosure of Amounts for Three Years” is zero percent of the distribution of capital gain distributed to each shareholder. All reported capital gain distributions relate to section 1231 gain.

5,000% Series C Cumulative Redeemable Preferred Stock (CUSIP # 313745200))

Record date

Date of payment

Distribution per share (1)

Taxable ordinary dividend

Capital gains (5)

Unrecap. Sec 1250 (3)

Tax-free distributions

Section 199A Dividends (2)

Section 897 Capital gain (Box 2f) (4)

03/01/2022

15/01/2022

$0.31250

$0.25625

$0.05625

$0.021375

$0.00000

$0.25625

$0.05625

04/01/2022

15/04/2022

$0.31250

$0.25625

$0.05625

$0.021375

$0.00000

$0.25625

$0.05625

07/01/2022

15/07/2022

$0.31250

$0.25625

$0.05625

$0.021375

$0.00000

$0.25625

$0.05625

03.10.2022

15.10.2022

$0.31250

$0.25625

$0.05625

$0.021375

$0.00000

$0.25625

$0.05625


Total for 2022

$1.25,000

$1.02500

$0.22500

$0.085500

$0.00000

$1.02500

$0.22500

(1)

The amount represents dividends per depositary share, each representing 1/1000th per share.

(2)

These amounts form part of and are included in the 2022 taxable ordinary dividend amounts.

(3)

These amounts are part of and included in the 2022 capital gain amounts.

(4)

The amount of quarterly dividends treated as a disposition of a United States real estate investment for purposes of Section 897 of the Internal Revenue Code (IRC) is reported in box 2f. Box 2f is a subset of and is included in the 2022 capital gain amounts.

(5)

Pursuant to Treasury Department Section 1.1061-6(c), Federal Realty Investment Trust discloses the following information to its shareholders. “Disclosure of Amounts for One Year” is zero percent of the capital gain distribution distributed to each shareholder and “Disclosure of Amounts for Three Years” is zero percent of the distribution of capital gain distributed to each shareholder. All reported capital gain distributions relate to section 1231 gain.

The company has not paid any foreign taxes. Shareholders are encouraged to consult their personal tax advisors regarding their specific tax treatment of Federal Realty distributions. If you need further information, please contact Leah BradyInvestor Relations, at 301-998-8265.

About Federal Realty

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington to Boston as well as San Francisco and The angels. Founded in 1962, Federal Realty’s mission is to provide long-term, sustainable growth by investing in communities where retail demand exceeds supply. His experience includes the creation of mixed-use urban neighborhoods such as Santana Rowe in San Jose, CaliforniaPike & Rose in North Bethesda, Maryland and assembly order inwards Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty’s 104 properties include approximately 3,200 tenants in 26 million square feet and approximately 3,300 residential units.

Federal Realty has increased its quarterly dividend to its shareholders for 55 consecutive years, the longest record in the REIT industry. Federal Realty is a member of the S&P 500 Index and its stock trades on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.

Inquiries:
Leah Andres Brady
Vice President, Investor Relations
301.998.8265
[email protected]

SOURCE Federal Real Estate Investment Trust

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