Washington Real Estate Investment Trust Announces Income Tax Treatment of Its 2017 Dividend Distribution

WASHINGTON, Jan. 31, 2018 (GLOBE NEWSWIRE) -- The table in the news release dated January 17, 2018 has been revised to correct an error impacting the calculation of the dividend treatment of 2017 dividend distributions included in the original Table.

The corrected release reads:

WASHINGTON REAL ESTATE INVESTMENT TRUST ANNOUNCES
INCOME TAX TREATMENT OF ITS 2017 DIVIDEND DISTRIBUTION

Washington Real Estate Investment Trust (NYSE:WRE) announced the income tax treatment of its 2017 dividend distributions. This information represents final income allocations. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Washington REIT dividend distributions.

Dividend
Paid Date
Gross
Distribution
Per Share
Qualified
Dividend
Per Share
Ordinary
Taxable
Income Per
Share
Unrecaptured
Sec. 1250
Gain Per
Share
Capital Gain
Per Share
01/06/2017$0.30000$0.00482$0.22819$0.02578$0.04121
03/31/2017$0.30000$0.00482$0.22819$0.02578$0.04121
06/30/2017$0.30000$0.00482$0.22819$0.02578$0.04121
09/29/2017$0.30000$0.00482$0.22819$0.02578$0.04121
01/05/2018$0.12489$0.00201$0.09500$0.01073$0.01715
TOTALS:$1.32489$0.02129$1.00776$0.11385$0.18199
100.00%
1.607% 76.064% 8.593% 13.736%

Washington REIT is a self-administered, self-managed, equity real estate investment trust investing in income-producing properties in the greater Washington metro region. Washington REIT owns a diversified portfolio of 49 properties totaling approximately 6.4 million square feet of commercial space and 4,268 multifamily units, and land held for development. These 49 properties consist of 20 office properties, 16 retail centers and 13 multifamily properties. Washington REIT shares are publicly traded on the New York Stock Exchange (NYSE:WRE).

CONTACT:
Tejal Engman
Vice President of Investor Relations
E-Mail:tengman@washreit.com

Source:Washington Real Estate Investment Trust