Press Release: Starwood Property Trust Announces Tax Reporting Information

Dow Jones
30 Jan

Starwood Property Trust Announces Tax Reporting Information

PR Newswire

GREENWICH, Conn., Jan. 29, 2025

GREENWICH, Conn., Jan. 29, 2025 /PRNewswire/ -- Starwood Property Trust, Inc. $(STWD)$ ("the Company") today announced the tax treatment for the Company's distributions on its common stock (CUSIP: 85571B105) paid with respect to the calendar year ended December 31, 2024:

 
                                                       (Boxes 1a + 2a 
Form 1099-DIV Reference:                                    + 3)         Box 1a     Box 1b        Box 2a        Box 2b      Box 2e    Box 2f       Box 3        Box 5 
                                                                                                                            Section   Section 
                                                                        Ordinary    Taxable       Total                       897       897                    Section 
               Payable         Cash                    Total Dividend   Taxable    Qualified   Capital Gain  Unrecaptured  Ordinary   Capital   Nondividend     199A 
Record Date     Date       Distribution   Adjustment     Per Share      Dividend   Dividends   Distribution   1250 Gain    Dividends   Gain    Distributions  dividends 
                                                            (v)                       (i)          (ii)          (iii)        (i)      (iii)        (iv)         (i) 
 3/29/2024    4/15/2024      0.4800        0.0000         0.4800        0.3807      0.0717       0.0993         0.0455      0.0000    0.0866      0.0000       0.3090 
 6/28/2024    7/15/2024      0.4800        0.0000         0.4800        0.3807      0.0717       0.0993         0.0455      0.0000    0.0866      0.0000       0.3090 
 9/30/2024   10/15/2024      0.4800        0.0000         0.4800        0.3807      0.0717       0.0993         0.0455      0.0000    0.0866      0.0000       0.3090 
12/31/2024    1/15/2025      0.4800        -0.3408        0.1392        0.1104      0.0208       0.0288         0.0132      0.0000    0.0251      0.0000       0.0896 
 
         Totals              1.9200        -0.3408        1.5792        1.2525      0.2359       0.3267         0.1497      0.0000    0.2849      0.0000       1.0166 
                          -------------  -----------  ---------------  ---------  ----------  -------------  ------------  ---------  -------  -------------  --------- 
 
 
                     (i)  Amounts in Box 1b, Box 2e, and Box 5 are 
                          included in Box 1a 
                    (ii)  For purposes of the disclosure required by Treas. Reg. Sec. 1.1061-6(c), the 
                          Company reports to direct or indirect holders 
                          of an 'applicable partnership interest' that the portion of the amounts shown on 
                          Box 2a relating to the 'One Year Amounts Disclosure' 
                          is equal to $0.0328 and the portion relating to the 'Three Year 
                          Amounts Disclosure' is equal to $0.0280. 
                   (iii)  Amounts in Box 2b and Box 2f are included 
                          in Box 2a 
                    (iv)  Amounts in Box 3 are also known as Return 
                          of Capital 
                     (v)  The cash dividend of $0.48 per share of common stock (with a record date of 
                          December 31, 2024, that was paid on January 15, 2025) is a split-year dividend, 
                          of which $0.1392 is allocable to 2024  for federal income tax purposes and the 
                          remaining $0.3408 will be allocable to 2025 for federal income tax purposes. 
 
 

About Starwood Property Trust, Inc.

Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $100 billion of capital since inception and manages a portfolio of over $26 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.

Contact:

Zachary Tanenbaum

Starwood Property Trust

Phone: 203-422-7788

Email: ztanenbaum@starwood.com

View original content:https://www.prnewswire.com/news-releases/starwood-property-trust-announces-tax-reporting-information-302363776.html

SOURCE Starwood Property Trust, Inc.

 

(END) Dow Jones Newswires

January 29, 2025 16:15 ET (21:15 GMT)

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