Broadstone Net Lease Announces Tax Treatment of 2024 Dividends

VICTOR, N.Y.--(BUSINESS WIRE)--January 24, 2025-- 

Broadstone Net Lease, Inc. (NYSE: BNL) ("BNL" or the "Company") today announced the income tax allocation of 2024 common stock dividends, as shown in the table below. Stockholders are encouraged to consult with their own tax advisors regarding their specific tax treatment of any BNL dividends received.

 
   Common Stock -- CUSIP number 
    11135E203 
--------------------------------------  ---------  -------------  ------------  ---------  -------------  --------- 
            FORM 1099-DIV                Box 1a       Box 2a         Box 2b      Box 2f        Box 3        Box 5 
--------------------------------------  ---------  -------------  ------------  ---------  -------------  --------- 
                                                                                 Section 
                                                                  Unrecaptured     897      Nondividend    Section 
  Record       Payment    Distribution  Ordinary   Capital Gain   Section 1250   Capital   Distributions    199A 
    Date         Date       Per Share   Dividends  Distributions      Gain        Gain          (1)       Dividends 
-----------  -----------  ------------  ---------  -------------  ------------  ---------  -------------  --------- 
12/29/2023   01/12/2024      $0.285     $0.177380    $0.000000     $0.000000    $0.000000    $0.107620    $0.177380 
-----------  -----------  ------------  ---------  -------------  ------------  ---------  -------------  --------- 
03/29/2024   04/15/2024      $0.285     $0.177380    $0.000000     $0.000000    $0.000000    $0.107620    $0.177380 
-----------  -----------  ------------  ---------  -------------  ------------  ---------  -------------  --------- 
06/28/2024   07/15/2024      $0.290     $0.180492    $0.000000     $0.000000    $0.000000    $0.109508    $0.180492 
-----------  -----------  ------------  ---------  -------------  ------------  ---------  -------------  --------- 
09/30/2024   10/15/2024      $0.290     $0.180492    $0.000000     $0.000000    $0.000000    $0.109508    $0.180492 
-----------  -----------  ------------  ---------  -------------  ------------  ---------  -------------  --------- 
 
   1. 
 Return of Capital. 
 

About Broadstone Net Lease, Inc.

BNL is an industrial-focused, diversified net lease REIT that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of September 30, 2024, BNL's diversified portfolio consisted of 773 individual net leased commercial properties with 766 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, restaurant, retail, healthcare, and office property types.

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    CONTACT:    Company Contact: 

Brent Maedl

Director, Corporate Finance & Investor Relations

brent.maedl@broadstone.com

585.382.8507

(END) Dow Jones Newswires

January 24, 2025 16:10 ET (21:10 GMT)