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The information appearing on OPI’s website includes statements which constitute forward looking statements. These forward looking statements are based upon OPI’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. OPI’s actual results may differ materially from those contained in OPI’s forward looking statements. The information contained in OPI’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in OPI’s periodic reports and other filings, identifies important factors that could cause OPI’s actual results to differ materially from those stated in OPI’s forward looking statements. OPI’s filings with the SEC are available on the SEC’s website at www.sec.gov (opens in new window) and are also accessible on OPI’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. OPI does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

News Release Details

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Office Properties Income Trust Announces 2023 Dividend Allocations

01/16/2024

Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2023 income tax reporting purposes is as follows:

Common Shares

 

 

 

 

Dividend Allocation Per Share

Section

Total

Unrecaptured

Declaration

Record

Paid/Payable

Dividends

Ordinary

199A

Qualified

Capital

Section 1250

Return of

Dates

Dates

Dates

Per Share

Income

Dividend(1)

Dividend(2)

Gain

Gain(3)

Capital

01/12/23

01/23/23

02/16/23

$0.55

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.5500

04/13/23

04/24/23

05/18/23

$0.25

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.2500

07/13/23

07/24/23

08/17/23

$0.25

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.2500

10/12/23

10/23/23

11/16/23

$0.25

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.2500

TOTALS:

$1.30

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$0.0000

 

$1.3000

(1) Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.
(2) Qualified Dividends are a subset of, and included in, the Ordinary Income amount.
(3) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.

OPI’s common share CUSIP number is 67623C109. This information represents final income allocations.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV. For additional information regarding the effect on the tax basis of OPI shares, please see Form(s) 8937 published on the OPI website: https://www.opireit.com/investors/stock-information/default.aspx#distributions

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of September 30, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned and leased 154 properties as of September 30, 2023, with approximately 20.7 million square feet located in 30 states and Washington, D.C. In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $36 billion in assets under management as of September 30, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA. For more information, visit opireit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Kevin Barry, Senior Director, Investor Relations
(617) 219-1410

Source: Office Properties Income Trust
Categories: Press Releases
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