Business & Finance
Business and Finance
Business and Finance
Wed, January 28, 2009
Tue, January 27, 2009 Thomas Properties Group, Inc. Announces Tax Treatment of 2008 Dividends
LOS ANGELES--([ BUSINESS WIRE ])--Thomas Properties Group, Inc. (Nasdaq: TPGI) announces the tax treatment for its 2008 dividend distributions as follows:
| Record Date | Paid Date | Total Distribution Per Share | Allocable to 2008 | Income Dividend | Nontaxable Distribution (Return of Capital) | |||||
| December 28, 2007 | January 11, 2008 | $ 0.06 | $ 0.06 | $ 0.01 | $ 0.05 | |||||
| March 28, 2008 | April 11, 2008 | $ 0.06 | $ 0.06 | $ 0.01 | $ 0.05 | |||||
| June 27, 2008 | July 11, 2008 | $ 0.06 | $ 0.06 | $ 0.02 | $ 0.04 | |||||
| September 26, 2008 | October 10, 2008 | $ 0.06 | $ 0.06 | $ 0.02 | $ 0.04 | |||||
| Totals | $ 0.24 | $ 0.24 | $ 0.06 | $ 0.18 |
The distributions paid on January 11, 2008 to shareholders of record on December 28, 2007 are considered 2008 distributions for federal income tax purposes.
Shareholders are encouraged to consult with their personal tax advisors as to their specific treatment of Thomas Properties Group, Inc. distributions.
About Thomas Properties Group, Inc.
Thomas Properties Group, Inc., based in Los Angeles, is a full-service real estate company that owns, acquires, develops and manages primarily office, as well as mixed-use and residential properties on a nationwide basis. The company's primary areas of focus are the acquisition and ownership of premier properties, both on a consolidated basis and through its strategic joint ventures, property development and redevelopment, and property management activities. The company seeks to capitalize on opportunities for above-average risk-adjusted investment returns from real estate ownership, while managing the volatility associated with the real estate industry through joint-venture ownership structures. For more information on Thomas Properties Group, Inc., visit [ www.tpgre.com ].
