KKR Real Estate Finance Trust Inc. Updated Tax Treatment of 2020 Dividends

Press release content from Business Wire. The AP news staff was not involved in its creation.

NEW YORK–(BUSINESS WIRE)–Feb 3, 2021–

KKR Real Estate Finance Trust Inc. (NYSE: KREF) (the “Company” or “KREF”) today announced an update to the tax treatment of its 2020 common stock and special voting preferred stock dividends. The following table summarizes KKR Real Estate Finance Trust Inc.’s common stock and special voting preferred stock dividend payments for the tax year ended December 31, 2020:











Tax Treatment of 2020 Dividends
 

Record Date

 

Payment Date

 

Cash Disbursement

 

Adjustment

 

Dividend (1)

 

Ordinary Dividends (2)

 

Qualified Dividends

 

Capital Gain Dividends

 
December 31, 2019 January 15, 2020

$0.43

($0.32)

$0.11

$0.1125

$0.0009

$0.0000

March 31, 2020 April 15, 2020

$0.43

$0.00

$0.43

$0.4300

$0.0033

$0.0000

June 30, 2020 July 15, 2020

$0.43

$0.00

$0.43

$0.4300

$0.0033

$0.0000

September 30, 2020 October 15, 2020

$0.43

$0.00

$0.43

$0.4300

$0.0033

$0.0000

December 31, 2020 January 15, 2021

$0.43

$0.00

$0.43

$0.4300

$0.0033

$0.0000

$2.15

($0.32)

$1.83

$1.8325

$0.0141

$0.0000

(1)

Pursuant to IRC Section 857(b)(9), cash distributions made on January 15, 2021 with a record date of December 31, 2020 are treated as received by shareholders on December

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Apollo Commercial Real Estate Finance, Inc. Announces 2020 Dividend Income Tax Treatment

The MarketWatch News Department was not involved in the creation of this content.

NEW YORK, Jan 27, 2021 (GLOBE NEWSWIRE via COMTEX) —
NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the estimated federal income tax treatment of the Company’s 2020 distributions on its common stock (CUSIP #03762U105) and on its 8.00{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred Stock.

The federal income tax classification of the 2020 distributions on the Company’s common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table:

Record Date Payable Date Total Distribution Per Share Ordinary Income Per Share (2) Return of Capital Per Share Capital Gain Per Share
12/31/2019 01/15/2020 $0.46 $0.1816 $0.2784
03/31/2020 04/15/2020 $0.40 $0.1579 $0.2421
06/30/2020 07/15/2020 $0.35 $0.1382 $0.2118
09/30/2020 10/15/2020 $0.35 $0.1382 $0.2118
12/31/2020(1) 01/15/2021 $0.35

(1) Pursuant to Section 857(b)(9) of the Internal Revenue Code of 1986, as amended, cash distributions made on January 15, 2021 to stockholders of record as of December 31, 2020, are treated, to the extent of the Company’s 2020 tax earnings and

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