Essex Reports Characteristics of 2021 Dividends
San Mateo, California – January 14, 2022 – Essex Property Trust, Inc. (NYSE:ESS) announced today the
income tax treatment for its 2021 distributions to shareholders. The 2021 distribution characteristics are
as follows:
Common Stock – CUSIP Number 297178105:
Record Payment
Cash
Distribution
Ordinary
Taxable Return of
Capital
Gain
Unrecaptured
Section 1250
Capital Gain
Section
199A
Sec. 897
Capital
Date Date Per Share Dividend Capital (20% rate) (25% rate) Dividend Gains
1/4/2021 1/15/2021 $2.07750 $1.47343 $0.00000 $0.45854 $0.14553 $1.47343 $0.60407
3/31/2021 4/15/2021 $2.09000 $1.48229 $0.00000 $0.46130 $0.14641 $1.48229 $0.60771
6/30/2021 7/15/2021 $2.09000 $1.48229 $0.00000 $0.46130 $0.14641 $1.48229 $0.60771
9/30/2021 10/15/2021 $2.09000 $1.48229 $0.00000 $0.46130 $0.14641 $1.48229 $0.60771
Totals: $8.34750 $5.92030 $0.00000 $1.84244 $0.58476 $5.92030 $2.42720
Percentages: 100% 70.923% 0.000% 22.072% 7.005%
For purposes of calculating alternative minimum taxable income under Sec. 55 of the Internal Revenue
Code of 1986, the Company apportions $0.17 per common share attributable to depreciation assuming a
full year of ownership.
The Company did not incur any foreign taxes during 2021.
Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Essex
Property Trust, Inc. dividends.
About Essex Property Trust, Inc.
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT)
that acquires, develops, redevelops, and manages multifamily residential properties in selected West
Coast markets. Essex currently has ownership interests in 247 apartment communities comprising
approximately 60,000 apartment homes with an additional 3 properties in various stages of active
development. Additional information about the Company can be found on the Company’s website at
www.essex.com.
Contact Information
Rylan Burns
Group VP of Private Equity & Finance
(650) 655-7800
rburns@essex.com
Essex Property Trust, Inc.
Symbol: ESS
CIK: 920522
Exchange: NYSE
Founded: 1971 (53 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Residential
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.
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Last updated: 2024-04-16 - v1.3