American Assets Trust, Inc. Releases Tax Status of 2023 Distributions

SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2023 dividend distributions as follows:

Security Descriptions: Common Stock
CUSIP: 024013104
Ticker Symbol: AAT

Record Date	Payable Date	Total Distribution Per Share	Allocable to 2023	Taxable Ordinary Dividend	LT Capital Gain	Unrecaptured Sec. 1250 Gain	Section 199A Dividends	Return of Capital
03/09/23	03/23/23	$0.33	$0.33	$0.298987	$0.000000	$0.000000	$0.298987	$0.031013
06/08/23	06/22/23	$0.33	$0.33	$0.298987	$0.000000	$0.000000	$0.298987	$0.031013
09/07/23	09/21/23	$0.33	$0.33	$0.298987	$0.000000	$0.000000	$0.298987	$0.031013
12/07/23	12/21/23	$0.33	$0.33	$0.298987	$0.000000	$0.000000	$0.298987	$0.031013
	Total	$1.32	$1.32	$1.195948	$0.000000	$0.000000	$1.195948	$0.124052

The Company did not incur any foreign taxes during 2023. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s dividend distributions and the information contained herein.

About American Assets Trust, Inc.

American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust (“REIT”), headquartered in San Diego, California. The Company has over 55 years of experience in acquiring, improving, developing, and managing premier office, retail, and residential properties throughout the United States in some of the nation’s most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii. The Company's office portfolio comprises approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 3.1 million rentable square feet. In addition, the Company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,110 multifamily units. In 2011, the Company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes. For additional information, please visit www.americanassetstrust.com.