NEW YORK, January 21, 2025--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) ("Paramount" or the "Company") today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount’s dividends. CommonShares (CUSIP #69924R108) Record Date Payable Date Total Dividends Per Share Total Dividends Allocable to 2024 2024 Taxable Ordinary Dividends (1) Total Capital Gain Distribution Total Section 1250 Unrecaptured Gain 2024 Non-taxable Dividend (Return of Capital) 12/29/2023 01/12/2024 $ 0.035000 $ 0.035000 $ 0.019610 $ 0.000000 $ 0.000000 $ 0.015390 03/28/2024 04/15/2024 0.035000 0.035000 0.019610 0.000000 0.000000 0.015390 06/28/2024 07/15/2024 0.035000 0.035000 0.019610 0.000000 0.000000 0.015390 Totals for 2024 $ 0.105000 $ 0.105000 $ 0.058830 $ 0.000000 $ 0.000000 $ 0.046170 (1) The amounts in this column are treated as "qualified REIT dividends" for purposes of Internal Revenue Code Section 199A. About Paramount Group, Inc. Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants. View source version on businesswire.com: https://www.businesswire.com/news/home/20250121755406/en/ Contacts Wilbur Paes Chief Operating Officer, Chief Financial Officer and Treasurer 212-237-3122 [email protected] Tom Hennessy Vice President, Investor Relations and Business Development 212-237-3138 [email protected] Media: 212-492-2285 [email protected] View Comments
Paramount Announces Tax Treatment of 2024 Common Stock Dividends
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