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Entertainment Properties Trust Announces Tax Status of 2008 Distributions


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Published in Business and Finance on Friday, January 16th 2009 at 14:16 GMT, Last Modified on 2009-01-16 14:17:31 by Market Wire   Print publication without navigation


KANSAS CITY, Mo.--([ BUSINESS WIRE ])--Entertainment Properties Trust (NYSE: EPR) today announced the 2008 year-end tax reporting information for 2008 distributions made to shareholders. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Entertainment Properties Trust distributions.

The 2008 distributions paid of $3.280000 per Common Share (CUSIP #29380T105) are as follows:

Record

Date

  Payment

Date

 

Cash
Distribution
per share

 

Taxable
Ordinary
Dividend

 

Non-Taxable
Return of
Capital

 

Total Capital
Gain
Distribution

 

Unrecaptured
Sec. 1250
Gain

12-31-07 01-15-08 $0.760000 $0.731390 $0.028610 $0.000000 $0.000000
03-31-08 04-15-08 $0.840000 $0.808378 $0.031622 $0.000000 $0.000000
06-30-08 07-15-08 $0.840000 $0.808378 $0.031622 $0.000000 $0.000000
09-30-08 10-15-08 $0.840000 $0.808378 $0.031622 $0.000000 $0.000000
Total for 2008 $3.280000 $3.156524 $0.123476 $0.000000 $0.000000
100.000% 96.235% 3.765% 0.000%

The 2008 distributions paid of $1.937500 per share for the Series B 7.75% Cumulative Preferred Shares (CUSIP #29380T303) are as follows:

Record

Date

  Payment

Date

 

Cash
Distribution
per share

 

Taxable
Ordinary
Dividend

 

Non-Taxable
Return of
Capital

 

Total Capital
Gain
Distribution

 

Unrecaptured
Sec. 1250
Gain

12-31-07 01-15-08 $0.484375 $0.484375 $0.000000 $0.000000 $0.000000
03-31-08 04-15-08 $0.484375 $0.484375 $0.000000 $0.000000 $0.000000
06-30-08 07-15-08 $0.484375 $0.484375 $0.000000 $0.000000 $0.000000
09-30-08 10-15-08 $0.484375 $0.484375 $0.000000 $0.000000 $0.000000
Total for 2008 $1.937500 $1.937500 $0.000000 $0.000000 $0.000000
100.000% 100.000% 0.000% 0.000%

The 2008 distributions paid of $1.437500 per share for the Series C 5.75% Cumulative Convertible Preferred Shares (CUSIP #29380T402) are as follows:

Record

Date

  Payment

Date

 

Cash
Distribution
per share

 

Taxable
Ordinary
Dividend

 

Non-Taxable
Return of
Capital

 

Total Capital
Gain
Distribution

 

Unrecaptured
Sec. 1250
Gain

12-31-07 01-15-08 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000
03-31-08 04-15-08 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000
06-30-08 07-15-08 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000
09-30-08 10-15-08 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000
Total for 2008 $1.437500 $1.437500 $0.000000 $0.000000 $0.000000
100.000% 100.000% 0.000% 0.000%

The 2008 distributions paid of $1.843752 per share for the Series D 7.375% Cumulative Preferred Shares (CUSIP #29380T501) are as follows:

Record

Date

  Payment

Date

 

Cash
Distribution
per share

 

Taxable
Ordinary
Dividend

 

Non-Taxable
Return of
Capital

 

Total Capital
Gain
Distribution

 

Unrecaptured
Sec. 1250
Gain

12-31-07 01-15-08 $0.460938 $0.460938 $0.000000 $0.000000 $0.000000
03-31-08 04-15-08 $0.460938 $0.460938 $0.000000 $0.000000 $0.000000
06-30-08 07-15-08 $0.460938 $0.460938 $0.000000 $0.000000 $0.000000
09-30-08 10-15-08 $0.460938 $0.460938 $0.000000 $0.000000 $0.000000
Total for 2008 $1.843752 $1.843752 $0.000000 $0.000000 $0.000000
100.000% 100.000% 0.000% 0.000%

The 2008 distributions paid of $1.212500 per share for the Series E 9.00% Cumulative Convertible Preferred Shares (CUSIP #29380T600) are as follows:

Record

Date

  Payment

Date

 

Cash
Distribution
per share

 

Taxable
Ordinary
Dividend

 

Non-Taxable
Return of
Capital

 

Total Capital
Gain
Distribution

 

Unrecaptured
Sec. 1250
Gain

06-30-08 07-15-08 $0.650000 $0.650000 $0.000000 $0.000000 $0.000000
09-30-08 10-15-08 $0.562500 $0.562500 $0.000000 $0.000000 $0.000000
Total for 2008 $1.212500 $1.212500 $0.000000 $0.000000 $0.000000
100.000% 100.000% 0.000% 0.000%

About Entertainment Properties Trust

Entertainment Properties Trust (NYSE: [ EPR ]) is a real estate investment trust (REIT) that develops, owns, leases and finances properties for consumer-preferred, high-quality businesses. EPR's investments are guided by a focus on inflection opportunities that offer enduring values, excellent executions, attractive economics and an advantageous market position. Our total assets exceed $2.6 billion and include megaplex movie theatres and entertainment retail centers, as well as other destination recreational and specialty investments. Further information is available at [ www.eprkc.com ] or contact Jon Weis at 888-EPR-REIT or [ info@eprkc.com ].


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