BETHESDA, Md., Jan. 19, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2022 dividends. During 2022, the Company declared and paid four quarterly dividends on its Common Stock totaling $2.32 per share. For tax purposes, 56.8% of the dividends ($1.32 per common share) are characterized as ordinary income, while 43.2% of the dividends ($1.00 per common share) are characterized as return of capital. The information will be reported to shareholders on Form 1099-DIV and the ordinary income portion will be reported as section 199A dividends.
Read more at prnewswire.com
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
