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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Rithm Property Trust Announces Tax Treatment of 2024 Dividends

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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