Office Properties Income Trust Announces 2024 Dividend Allocations

Business Wire
01-22

NEWTON, Mass., January 21, 2025--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2024 income tax reporting purposes is as follows:

Common Shares

Dividend Allocation Per Share

Section

Total

Unrecaptured

Declaration

Record

Paid/Payable

Dividends

Ordinary

199A

Qualified

Capital

Section 1250

Return of

Dates

Dates

Dates

Per Share

Income

Dividend(1)

Dividend(2)

Gain

Gain(3)

Capital

01/11/24

01/22/24

02/15/24

$0.01

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.0100

04/11/24

04/22/24

05/16/24

$0.01

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.0100

07/11/24

07/22/24

08/15/24

$0.01

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.0100

10/16/24

10/28/24

11/14/24

$0.01

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.0100

TOTALS:

$0.04

$0.0000

$0.0000

$0.0000

$0.0000

$0.0000

$0.0400

(1)

Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.

(2)

Qualified Dividends are a subset of, and included in, the Ordinary Income amount.

(3)

Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.

OPI’s common share CUSIP number is 67623C109. This information represents final income allocations.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV. For additional information regarding the effect on the tax basis of OPI shares, please see Form(s) 8937 published on the OPI website: https://www.opireit.com/investors/stock-information/default.aspx#distributions

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States. As of September 30, 2024, approximately 59% of OPI's revenues were from investment grade rated tenants. OPI owned 145 properties as of September 30, 2024, with approximately 19.5 million square feet located in 30 states and Washington, D.C. In 2024, OPI was named as an Energy Star® Partner of the Year for the seventh consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with nearly $41 billion in assets under management as of September 30, 2024, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA. For more information, visit opireit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250121108219/en/

Contacts

Kevin Barry
(617) 219-1410

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