CapLease Announces Tax Treatment of 2008 Dividends
NEW YORK--([ BUSINESS WIRE ])--CapLease, Inc. (NYSE: LSE) today announced the income tax treatment of its 2008 common and preferred stock dividend payments.
Common Stock | ||||||||||
Dividend Per Share | Record Date | Date of Payment | Taxable Ordinary Dividends | Nondividend Distributions (Return of Capital) | ||||||
$0.20 | 12/31/07 | 1/15/08 | $0.00 | $0.20 | ||||||
$0.20 | 3/31/08 | 4/15/08 | $0.00 | $0.20 | ||||||
$0.20 | 6/30/08 | 7/15/08 | $0.00 | $0.20 | ||||||
$0.20 | 9/30/08 | 10/15/08 | $0.00 | $0.20 | ||||||
Totals | $0.80 | $0.00 | $0.80 | |||||||
Percent | 0.00% | 100.00% | ||||||||
Series A Cumulative Redeemable Preferred Stock | ||||||||||
Dividend Per Share | Record Date | Date of Payment | Taxable Ordinary Dividends | Nondividend Distributions (Return of Capital) | ||||||
$0.5078125 | 3/31/08 | 4/15/08 | $0.00 | $0.5078125 | ||||||
$0.5078125 | 6/30/08 | 7/15/08 | $0.00 | $0.5078125 | ||||||
$0.5078125 | 9/30/08 | 10/15/08 | $0.00 | $0.5078125 | ||||||
$0.5078125 | 12/31/08 | 1/15/09 | $0.00 | $0.5078125 | ||||||
Totals | $2.0312500 | $0.00 | $2.0312500 | |||||||
Percent | 0.00% | 100.00% |
No portion of CapLease's 2008 dividends consisted of excess inclusion income subject to the specialized tax reporting and other rules applicable to such income.
About the Company:
CapLease, Inc. is a real estate investment trust, or REIT, that invests primarily in single tenant commercial real estate assets subject to long-term leases to high credit quality tenants.