Press Release: CENTERSPACE ANNOUNCES 2024 DIVIDEND ALLOCATIONS

Dow Jones
Jan 24, 2025

CENTERSPACE ANNOUNCES 2024 DIVIDEND ALLOCATIONS

PR Newswire

MINNEAPOLIS, Jan. 23, 2025

MINNEAPOLIS, Jan. 23, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2024 distributions on its common and preferred shares of beneficial interest. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of their Centerspace distributions.

 
                                                                                                                     Box 5 
                                                     Box 1a      Box 1b      Box 2a       Box 2b                    Section 
                                         Cash       Ordinary   Qualified   Long-Term   Unrecaptured     Box 3         199A 
Security        Record     Payable   Distribution    Taxable    Dividend    Capital     Sec. 1250    Nondividend    Dividend 
 Description     Date        Date     Per Share     Dividend      (1)         Gain       Gain (2)    Distribution     (1) 
------------  ----------  ---------  ------------  ----------  ----------  ----------  ------------  ------------  ---------- 
Common 
 Shares        12/29/23   01/12/24    $0.7300000   $0.3044544  $0.0000000  $0.0000000   $0.0000000    $0.4255456   $0.3044544 
        03/28/24           04/08/24   $0.7500000   $0.3127957  $0.0000000  $0.0000000   $0.0000000    $0.4372043   $0.3127957 
CUSIP: 
 15202L107     06/28/24   07/10/24    $0.7500000   $0.3127957  $0.0000000  $0.0000000   $0.0000000    $0.4372043   $0.3127957 
Symbol: CSR    09/30/24   10/10/24    $0.7500000   $0.3127957  $0.0000000  $0.0000000   $0.0000000    $0.4372043   $0.3127957 
                                     ------------  ----------  ----------  ----------  ------------  ------------  ---------- 
                                      $2.9800000   $1.2428415  $0.0000000  $0.0000000   $0.0000000    $1.7371585   $1.2428415 
                                     ============  ==========  ==========  ==========  ============  ============  ========== 
 
 
 
                                                                                                                      Box 5 
                                                      Box 1a      Box 1b      Box 2a       Box 2b                    Section 
                                          Cash       Ordinary   Qualified   Long-Term   Unrecaptured     Box 3         199A 
Security        Record     Payable    Distribution    Taxable    Dividend    Capital     Sec. 1250    Nondividend    Dividend 
 Description     Date        Date      Per Share     Dividend      (1)         Gain       Gain (2)    Distribution     (1) 
------------  ----------  ----------  ------------  ----------  ----------  ----------  ------------  ------------  ---------- 
Series C 
 Preferred     03/15/24    03/28/24    $0.4140625   $0.4140625  $0.0000000  $0.0000000   $0.0000000    $0.0000000   $0.4140625 
Shares         06/14/24    06/28/24    $0.4140625   $0.4140625  $0.0000000  $0.0000000   $0.0000000    $0.0000000   $0.4140625 
CUSIP: 
 15202L206     09/16/24    09/30/24    $0.4140625   $0.4140625  $0.0000000  $0.0000000   $0.0000000    $0.0000000   $0.4140625 
Symbol: CSR 
PRC 
                                      ------------  ----------  ----------  ----------  ------------  ------------  ---------- 
                                       $1.2421875   $1.2421875  $0.0000000  $0.0000000   $0.0000000    $0.0000000   $1.2421875 
                                      ============  ==========  ==========  ==========  ============  ============  ========== 
 
 

(1) These amounts are a subset of, and included in, the amounts in Box 1a.

(2) These amounts are a subset of, and included in, the amounts in Box 2a.

About Centerspace

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, the company currently owns 71 apartment communities consisting of 13,012 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a top workplace for the fifth consecutive year in 2024 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

If you would like more information about this topic, please contact Josh Klaetsch, Investor Relations, at (952) 401-6600 or IR@centerspacehomes.com.

Contact Information

Josh Klaetsch, Investor Relations

Phone : (952) 401-6600

E-mail : IR@centerspacehomes.com

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SOURCE Centerspace

 

(END) Dow Jones Newswires

January 23, 2025 16:30 ET (21:30 GMT)

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