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Power REIT Announces 2020 Dividend Income Tax Treatment
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Old Bethpage, NY, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Power REIT ("Power REIT," "we," "our," or the "Company;" NYSE American: PW and PW.PRA), today announced the estimated Federal income tax
treatment of the Company's 2020 distributions on its 7.75% Series A Preferred Stock (CUSIP # 73933H200).
The Federal income tax classification of the distribution per share on the Company's 7.75% Series A Preferred Stock with respect to the calendar year ended December 31, 2020 is shown in the table below:
|
Record Date |
Payable Date |
Total Distribution Per Share |
Ordinary Income Per Share |
Return of Capital Per Share |
Capital Gain Per Share |
|||||||||||||
| 2/15/20 | 3/15/20 | $ | 0.484375 | $ | 0.484375 | $ | 0.0 | $ | 0.00 | |||||||||
| 5/15/20 | 6/15/20 | $ | 0.484375 | $ | 0.484375 | $ | 0.0 | $ | 0.00 | |||||||||
| 8/15/20 | 9/15/20 | $ | 0.484375 | $ | 0.484375 | $ | 0.0 | $ | 0.00 | |||||||||
| 11/15/20 | 12/15/20 | $ | 0.484375 | $ | 0.484375 | $ | 0.0 | $ | 0.00 | |||||||||
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