Rithm Property Trust Announces Tax Treatment of 2024 Dividends
28 January 2025 - 8:15AM
Business Wire
Rithm Property Trust (NYSE:RPT, “RPT” or the “Company”) today
announced the tax treatment of its 2024 common stock
distributions.
Common Stock Dividends
During 2024, Rithm Property Trust’s common stock (CUSIP
#38983D300) distributions were $0.28000 per share and the
distributions consisted of a return of capital. The following table
summarizes the tax treatment for 2024 common stock
distributions.
Record Date
Pay Date
Form
Ordinary
Dividend
Qualified
Dividend
Section
199A Dividend
Long-Term Capital
Gain
Return
of Capital
Total
Q1’24
03/15/24
03/29/24
Cash
$0.00000
$0.00000
$0.00000
$0.00000
$0.10000
$0.10000
Q2’24
05/15/24
05/30/24
Cash
$0.00000
$0.00000
$0.00000
$0.00000
$0.06000
$0.06000
Q3’24
08/15/24
08/30/24
Cash
$0.00000
$0.00000
$0.00000
$0.00000
$0.06000
$0.06000
Q4’24
11/15/24
11/29/24
Cash
$0.00000
$0.00000
$0.00000
$0.00000
$0.06000
$0.06000
The data provided in this press release is provided for
informational purposes only and does not constitute tax advice.
Stockholders are urged to consult their own tax advisors regarding
any issues or decisions regarding the proper tax treatment of their
shares of Rithm Property Trust.
About Rithm Property Trust Inc.
Rithm Property Trust is a real estate investment platform
externally managed by an affiliate of Rithm Capital Corp. (NYSE:
RITM). Rithm Property Trust has historically focused on acquiring,
investing in and managing re-performing loans and non-performing
loans secured by single-family residences and commercial
properties. In connection with its recent strategic transaction
with Rithm Capital, the Company is transitioning to a flexible
commercial real estate focused investment strategy. Rithm Property
Trust is a Maryland corporation that is organized and conducts its
operations to qualify as a real estate investment trust (REIT) for
federal income tax purposes.
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Investor Relations (646) 868-5483
ir@rithmpropertytrust.com
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