Getty Realty Corp. Announces 2013 Dividend Tax Treatment

Getty Realty Corp. (NYSE:GTY) today announced the allocations of the Company’s 2013 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:

Common Shares (CUSIP #374297109)
               
                Ordinary Income Capital Gains  
      Total 2013    

 

 

 
Distributions Total Total

Unrecapt’d

Nondividend

Record Date

Payable Date
Per Share (Box 1a) (Box 2a)

Sec 1250

Distributions
          (1a + 2a + 3)        

(Box 2b)(b)

(Box 3)
12/27/2012

1/10/2013 (a)
$0.047007 $0.044367 $0.002640 $0.002640 $ -
3/28/2013 4/11/2013 $0.200000 $0.188769 $0.011231 $0.011231 $ -
6/27/2013 7/11/2013 $0.200000 $0.188769 $0.011231 $0.011231 $ -
9/26/2013 10/10/2013 $0.200000 $0.188769 $0.011231 $0.011231 $ -
12/26/2013 1/8/2014 $0.200000 $0.188769 $0.011231 $0.011231 $ -
12/26/2013 1/8/2014 $0.050000     $0.047192       $0.002808     $0.002808     $ -
Totals $0.897007     $0.846635       $0.050372     $0.050372     $ -
 

(a)
 

The Company’s aggregate distributions for 2012 exceeded the Company’s earnings and profits for 2012. As a result, $0.047007 of the dividend paid on January 10, 2013 will be treated as a 2013 distribution for federal tax purposes. This amount was not included on the 2012 Form 1099.
 

(b)

Amounts in box 2b are included in box 2a.
 

Tax Disclaimer

The information above should not be construed as tax advice and is not a substitute for careful tax planning and analysis. You should consult your own tax advisor regarding the specific federal, state, local, foreign and other tax consequences to you regarding your ownership of shares of the Company's common stock.

About Getty Realty Corp.

Getty Realty Corp. is the leading publicly-traded real estate investment trust in the United States specializing in ownership, leasing and financing of convenience store/gas station properties. The Company owns and leases approximately 960 properties nationwide.

Safe Harbor Statement

Certain statements in this news release may constitute “forward looking statements” within the meaning of the private securities litigation reform act of 1995. When the words “believes,” “expects,” “plans,” “projects,” “estimates” and similar expressions are used, they identify forward-looking statements. These forward-looking statements are based on management’s current beliefs and assumptions and information currently available to management and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements.

Information concerning factors that could cause the Company’s actual results to differ materially from these forward-looking statements can be found in the Company’s periodic reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.

Copyright Business Wire 2010

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