About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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COPT Announces Tax Treatment of 2022 Distributions

Corporate Office Properties Trust (“COPT” or the Company) (NYSE: OFC) announced the 2022 tax treatment of its common share distributions as described below. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of COPT common share distributions.

Please note, the common share distributions with a record date of December 30, 2022, and payment date of January 17, 2023, are allocable to 2023 for income tax purposes.

The table below summarizes the income tax treatment of 2022 distributions.

Common Shares (CUSIP #22002T108)
Record

Date
Payment

Date
Total

Distribution

per Share
Total

Distribution

Allocable to

2022
2022 Taxable

Ordinary

Dividends
2022 Total

Capital Gain

Distribution

(1)
2022 Return

of Capital (2)
2022

Unrecaptured

Section 1250

Gain (3)
2022 Section

199A Dividend

(4)
 
01/03/2022 01/18/2022

$

0.2750

$

0.2750

$

0.1876

$

0.0874

$

-

$

0.0539

$

0.1876

03/31/2022 04/15/2022

$

0.2750

$

0.2750

$

0.1876

$

0.0874

$

-

$

0.0539

$

0.1876

06/30/2022 07/15/2022

$

0.2750

$

0.2750

$

0.1876

$

0.0874

$

-

$

0.0539

$

0.1876

09/30/2022 10/17/2022

$

0.2750

$

0.2750

$

0.1876

$

0.0874

$

-

$

0.0539

$

0.1876

12/30/2022 01/17/2023

$

0.2750

$

-

$

-

$

-

$

-

$

-

$

-

 

$

1.3750

$

1.1000

$

0.7504

$

0.3496

$

-

$

0.2156

$

0.7504

 
(1) Section 1061 "One Year Amounts" and "Three Year Amounts" required to be disclosed are both zero for the 2022
distributions. All capital gains are Section 1231 gains.
(2) Represents a return of shareholder investment.
(3) Unrecaptured Section 1250 Gain is a subset of, and included in, the 2022 Total Capital Gain Distribution Amount.
(4) Section 199A Dividend is a subset of, and is included in, the Taxable Ordinary Dividend Amount.

About COPT

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what the Company believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of September 30, 2022, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 19 properties owned through unconsolidated joint ventures, COPT’s core portfolio of 186 properties encompassed 21.9 million square feet and was 95.0% leased.

Forward-Looking Information

This press release may contain “forward-looking” statements, as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that are based on the Company’s current expectations, estimates and projections about future events and financial trends affecting the Company. Forward-looking statements can be identified by the use of words such as “may,” “will,” “should,” “could,” “believe,” “anticipate,” “expect,” “estimate,” “plan” or other comparable terminology. Forward-looking statements are inherently subject to risks and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate. Although the Company believes that the expectations, estimates and projections reflected in such forward-looking statements are based on reasonable assumptions at the time made, the Company can give no assurance that these expectations, estimates and projections will be achieved. Future events and actual results may differ materially from those discussed in the forward-looking statements and the Company undertakes no obligation to update or supplement any forward-looking statements.

The areas of risk that may affect these expectations, estimates and projections include, but are not limited to, those risks described in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2021.

Source: Corporate Office Properties Trust

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