Hudson Pacific Properties Announces 2021 Dividend Tax Treatment

By: Hudson Pacific Properties, Inc. via Business Wire

February 07, 2022 at 09:00 AM EST

Hudson Pacific Properties, Inc. (the “Company” or “Hudson Pacific”) (NYSE: HPP) today announced the tax treatment for its 2021 common stock dividends.

The Company's dividends related to its common stock (CUSIP #444097109) will be classified for United States federal income tax purposes as follows:

			Ordinary Dividends
Record Date	Payment Date	Distribution Per Share	Total	Non-Qualified¹	Qualified	Capital Gain Distributions	Return of Capital
3/19/21	3/29/21	$0.25000	$0.16280	$0.16280	$0.00000	$0.00000	$0.08720
6/18/21	6/28/21	$0.25000	$0.16280	$0.16280	$0.00000	$0.00000	$0.08720
9/20/21	9/30/21	$0.25000	$0.16280	$0.16280	$0.00000	$0.00000	$0.08720
12/20/21	12/30/21	$0.25000	$0.16280	$0.16280	$0.00000	$0.00000	$0.08720
	Totals	$1.00000	$0.65120	$0.65120	$0.00000	$0.00000	$0.34880
		100.00%	65.12 %			0.00 %	34.88%

¹On December 22, 2017, the Tax Cuts and Jobs Act enacted Section 199A that generally allows a deduction for non-corporate taxpayers equal to 20% of ordinary dividends distributed by a REIT (excluding capital gain dividends and qualified dividend income). Ordinary Dividends eligible for the Section 199A benefit are a subset of, and included in, the Taxable Ordinary Dividend Amount. All the “Non-Qualified” dividends listed above are eligible for the Section 199A benefit.

About Hudson Pacific Properties

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling over 20 million square feet, including land for development. Focused on global epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Google, Netflix, Riot Games, Square, Uber and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP and listed as a component of the S&P MidCap 400 Index. For more information visit HudsonPacificProperties.com.

Forward-Looking Statements

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