JERSEY
CITY, N.J., Feb. 18,
2025 /PRNewswire/ -- Veris Residential, Inc.
(NYSE: VRE) ("Veris Residential" or the "Company"), a
forward-thinking multifamily REIT, today announced the tax
treatment of its 2024 Distributions. The Company's total
distributions of $0.235 per share of
common stock (CUSIP #554489104) is to be classified for income tax
purposes as follows:
|
RECORD
|
PAYMENT
|
CASH DISTRIBUTIONS
|
TAXABLE
|
TOTAL
|
UNRECAPTURED
|
SECTION
|
RETURN OF
CAPITAL
|
|
DATE
|
DATE
|
PER SHARE
|
ORDINARY
DIVIDENDS
|
CAPITAL GAIN
|
SECTION 1250
GAIN
|
199A
DIVIDENDS
|
DISTRIBUTIONS
|
|
|
|
|
|
|
|
|
|
12/29/2023
|
1/10/2024
|
$0.053
|
$0.000
|
$0.000
|
$0.000
|
$0.000
|
$0.053
|
|
4/3/2024
|
4/16/2024
|
$0.053
|
$0.000
|
$0.000
|
$0.000
|
$0.000
|
$0.053
|
|
7/3/2024
|
7/16/2024
|
$0.060
|
$0.000
|
$0.000
|
$0.000
|
$0.000
|
$0.060
|
|
6/30/2024
|
10/16/2024
|
$0.070
|
$0.000
|
$0.000
|
$0.000
|
$0.000
|
$0.070
|
|
|
|
|
|
|
|
|
|
TOTALS
|
|
$0.235
|
$0.000
|
$0.000
|
$0.000
|
$0.000
|
$0.235
|
Shareholders are encouraged to consult with their tax advisors
as to the specific tax treatment of Veris Residential, Inc.
distributions.
About Veris Residential, Inc.
Veris Residential, Inc. is a forward-thinking real estate
investment trust (REIT) that primarily owns, operates, acquires and
develops premier Class A multifamily properties in the Northeast.
Our technology-enabled, vertically integrated operating platform
delivers a contemporary living experience aligned with residents'
preferences while positively impacting the communities we serve. We
are guided by an experienced management team and Board of
Directors, underpinned by leading corporate governance principles;
a best-in-class approach to operations; and an inclusive culture
based on meritocratic empowerment.
For additional information on Veris Residential, Inc. and our
properties available for lease, please visit
https://www.verisresidential.com/.
Investors
Mackenzie Rice
Director of Investor Relations
investors@verisresidential.com
Media
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
212-257-4170
veris-residential@gasthalter.com
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SOURCE Veris Residential, Inc.
