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    Equity Commonwealth Announces Tax Treatment of 2023 Distributions

    01/25/2024

    CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) today announced the tax treatment of its 2023 common and preferred share distributions, which is as follows:

    Common Stock (CUSIP No. 294628102)

    Record Date

    Payment
    Date

    Total
    Distribution
    per Share

    2023 Taxable
    Ordinary
    Dividends

    2023 Non-taxable
    Distribution
    (Return of Capital)

    2023 Section
    199A
    Dividends1

    2/23/2023

    3/09/2023

    $ 4.25

    $ 2.72

    $ 1.53

    $ 2.72

    Series D Cumulative Convertible Preferred Stock (CUSIP No. 294628201)

     

    Record Date

    Payment
    Date

    Total
    Distribution
    per Share

    2023 Taxable
    Ordinary
    Dividends

    2023 Section
    199A
    Dividends1

    1/31/2023

    2/15/2023

    $

    0.406250

    $

    0.406250

    $

    0.406250

    4/28/2023

    5/15/2023

    $

    0.406250

    $

    0.406250

    $

    0.406250

    7/31/2023

    8/15/2023

    $

    0.406250

    $

    0.406250

    $

    0.406250

    10/31/2023

    11/15/2023

    $

    0.406250

    $

    0.406250

    $

    0.406250

     

    Total

    $

    1.625000

    $

    1.625000

    $

    1.625000

     

    12023 Section 199A Dividends are reported in Box 5 of Form 1099-DIV. 2023 Section 199A Dividends are a subset of, and included in, 2023 Taxable Ordinary Dividends, which are reported in Box 1a of Form 1099-DIV.

    This release is based on estimates and is subject to correction or adjustment when the tax filings are completed. No material change in these classifications is expected. Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.

    About Equity Commonwealth

    Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC’s portfolio is comprised of 4 properties totaling 1.5 million square feet.

    Regulation FD Disclosures

    We use any of the following to comply with our disclosure obligations under Regulation FD: press releases, SEC filings, public conference calls, or our website. We routinely post important information on our website at www.eqcre.com, including information that may be deemed to be material. We encourage investors and others interested in the company to monitor these distribution channels for material disclosures.

    Investor Contact
    Bill Griffiths, Equity Commonwealth, (312) 646-2801

    Source: Equity Commonwealth

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