GREENWICH, Conn., Jan. 26, 2021 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced the tax treatment for the Company's distributions on its common stock (CUSIP: 85571B105) paid with respect to the calendar year ended December 31, 2020:
Form 1099 Reference:
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(Boxes 1a + 2a + 3)
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Box 1a
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Box 1b
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Box 2a
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Box 2b
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Box 3
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Box 5
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Record Date
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Payable Date
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Total Distribution Per Share
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Ordinary Taxable Dividend
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Taxable Qualified Dividends (1)
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Total Capital Gain Distribution
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Unrecaptured 1250 Gain (2)
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Nondividend Distributions (3)
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Section 199A dividends (4)
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12/31/2019*
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1/15/2020
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0.4721
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0.3800
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0.0482
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0.0149
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0.0015
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0.0772
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0.3318
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3/31/2020
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4/15/2020
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0.4800
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0.3864
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0.0490
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0.0151
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0.0015
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0.0785
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0.3374
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6/30/2020
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7/15/2020
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0.4800
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0.3864
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0.0490
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0.0151
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0.0015
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0.0785
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0.3374
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9/30/2020
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10/15/2020
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0.4800
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0.3864
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0.0490
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0.0151
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0.0015
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0.0785
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0.3374
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12/31/2020**
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1/15/2021
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0.0000
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0.0000
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0.0000
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0.0000
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0.0000
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0.0000
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0.0000
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Totals
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1.9121
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1.5392
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0.1952
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0.0602
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0.0060
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0.3127
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1.3440
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(1)
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Amounts in 1b are included in 1a
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(2)
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Amounts in 2b are included in 2a
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(3)
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Amounts in 3 are also known as Return of Capital
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(4)
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Amounts in 5 are included in 1a
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* The dividend with a record date of 12/31/2019, payable on 1/15/2020 represents the portion of the $0.48 per share fourth quarter 2019 dividend that exceeded 2019 tax earnings and thus was not included on the 2019 Form 1099-DIV.
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**The fourth quarter distribution paid in January of 2021 will be treated as a 2021 distribution for federal tax purposes and is not included on the 2020 Form 1099.
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About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD), is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $65 billion of capital since inception and manages a portfolio of over $17 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.
Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com
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SOURCE Starwood Property Trust, Inc.