Essex Reports Characteristics of 2024 Dividends

SAN MATEO, Calif.--(BUSINESS WIRE)--January 15, 2025-- 

Essex Property Trust, Inc. $(ESS)$ announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are as follows:

Common Stock -- CUSIP Number 297178105:

 
                                                                                  Unrecaptured 
                                                                                  Section 1250 
                             Cash      Ordinary              Return    Capital      Capital     Section   Section 
  Record      Payment    Distribution  Taxable   Qualified     of        Gain         Gain        199A      897 
   Date        Date       Per Share    Dividend  Dividend   Capital   (20% rate)   (25% rate)   Dividend    Gain 
                         ------------  --------  ---------  --------  ----------  ------------  --------  -------- 
 1/2/2024    1/12/2024     $2.31000    $2.26821  $0.00000   $0.00000   $0.04179     $0.00000    $2.26821  $0.04179 
3/29/2024    4/12/2024     $2.45000    $2.40568  $0.00000   $0.00000   $0.04432     $0.00000    $2.40568  $0.04432 
6/28/2024    7/12/2024     $2.45000    $2.40568  $0.00000   $0.00000   $0.04432     $0.00000    $2.40568  $0.04432 
9/30/2024   10/11/2024     $2.45000    $2.40568  $0.00000   $0.00000   $0.04432     $0.00000    $2.40568  $0.04432 
                         ------------  --------  ---------  --------  ----------  ------------  --------  -------- 
                Totals:    $9.66000    $9.48525  $0.00000   $0.00000   $0.17475     $0.00000    $9.48525  $0.17475 
           Percentages:      100%      98.191%               0.000%     1.809%       0.000% 
 

The Company did not incur any foreign taxes during 2024.

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 254 apartment communities comprising approximately 62,000 apartment homes. Additional information about the Company can be found on the Company's website at www.essex.com.

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    CONTACT:    Loren Rainey 

Director, Investor Relations

(650) 655-7800

lrainey@essex.com

(END) Dow Jones Newswires

January 15, 2025 16:15 ET (21:15 GMT)