ROCHESTER, N.Y., Jan. 14, 2014 /PRNewswire/ -- Home Properties, Inc. (NYSE: HME) today reported the taxable composition of its 2013 dividend payments on its Common Stock. Any distribution treated as return of capital is not currently taxable and should be applied to reduce the tax cost basis of the shares upon which the dividends were paid. The Company did not incur any foreign taxes. The classifications for 2013 are as follows:
Common (CUSIP #437306103) | Distribution Type | ||||||
Record Dates |
Payable Dates |
Distributions Per Share | Ordinary Taxable Dividend |
Qualified Dividend |
Return of Capital |
Long-Term Capital Gain | Unrecaptured Sec. 1250 Gain |
2/14/2013 | 2/26/2013 | $0.70 | 63.0720% | 0.0000% | 0.0000% | 22.3642% | 14.5638% |
5/14/2013 | 5/24/2013 | $0.70 | 63.0720% | 0.0000% | 0.0000% | 22.3642% | 14.5638% |
8/13/2013 | 8/23/2013 | $0.70 | 63.0720% | 0.0000% | 0.0000% | 22.3642% | 14.5638% |
11/12/2013 | 11/22/2013 | $0.70 | 63.0720% | 0.0000% | 0.0000% | 22.3642% | 14.5638% |
TOTALS | $2.80 | 63.0720% | 0.0000% | 0.0000% | 22.3642% | 14.5638% | |
Home Properties is a publicly traded apartment real estate investment trust that owns, operates, develops, acquires and rehabilitates apartment communities primarily in suburbs of major metropolitan areas in selected Northeast and Mid-Atlantic markets. An S & P 400 Company, Home Properties owns and operates 119 communities containing 42,080 apartment units. For more information, visit Home Properties' website at www.homeproperties.com.
SOURCE Home Properties, Inc.
