Camden Property Trust Announces Tax Characteristics Of 2013 Distributions

Camden Property Trust (NYSE:CPT) announced today the income tax characteristics of its 2013 distributions paid to shareholders as they will be reported on Form 1099-DIV. The Company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Form 1099s to their account holders. The final classifications of the distributions for 2013 are as follows:

Camden Property Trust – Common Shares (CUSIP – 133131102)
Cash Ordinary Sec. 1250
Record Payment Distribution Taxable Capital Gain Capital Gain Return of
Date Date Per Share

Dividend (1)
Distribution 25% Rate Capital
03/28/13 04/17/13 $0.6300 55.5264% 30.2225% 14.2511% 0.0000%
06/28/13 07/17/13 $0.6300 55.5264% 30.2225% 14.2511% 0.0000%
09/30/13 10/17/13 $0.6300 55.5264% 30.2225% 14.2511% 0.0000%
12/17/13 01/17/14 $0.6300 55.5264% 30.2225% 14.2511% 0.0000%

Based on the above percentages, the following represents a 1099-DIV for one share of common stock:
Form 1099-DIV       (Boxes 1a + 2a + 3)       Box 1a       Box 2a       Box 2b       Box 3
Cash Ordinary Total
Distribution Taxable Capital Gain Unrecaptured Nondividend
  Per Share

Dividend (1)

Sec. 1250 Gain (2)

Distributions (3)
Total $2.5200 $1.3993 $1.1207 $0.3591 $0.0000

(1) None of the dividends classified as ordinary taxable dividends represents “qualified dividend income” and, therefore, are not eligible for the lower tax rate.

(2) Amounts in Box 2b are included in Box 2a.

(3) Amounts in Box 3 are also known as Return of Capital.

For corporate shareholders the Section 291(a) preference item is 2.8502% of the total distribution.

Also, the company did not incur any foreign taxes during 2013.

In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which Camden operates, management’s beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict.

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 170 properties containing 59,899 apartment homes across the United States. Upon completion of 14 properties under development and the expansion of an existing community, the Company’s portfolio will increase to 64,328 apartment homes in 184 properties.

For additional information, please contact Camden's Investor Relations Department at (800) 922-6336 or (713) 354-2787 or access our website at

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