Duke Realty Corporation Announces the Income Tax Characteristics of its 2004 Common and Preferred Share Dividends.INDIANAPOLIS Indianapolis (ĭn'dēənă`pəlĭs), city (1990 pop. 731,327), state capital and seat of Marion co., central Ind., on the White River; selected 1820 as the site of the state capital (which was moved there in 1825), inc. 1847. -- Duke Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Corporation (NYSE NYSE See: New York Stock Exchange :DRE DRE Digital rectal examination. Mentioned in: Rectal Examination ) announces the income tax characteristics of its 2004 common and preferred share dividends. For purposes of satisfying U.S. federal income tax withholding Withholding Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds. Notes: In other words, these funds are "withheld" from your wages. obligations under Section 1.1445-8 of the federal income tax regulations with respect to payments to foreign shareholders, Duke Realty Corporation characterizes the unrecaptured Section 1250 gain and long-term capital gain Long-term capital gain A profit on the sale of a security or mutual fund share that has been held for more than one year. portions of the dividends described below as capital gain dividends.
Common Share Dividends:
Ticker Symbol DRE, CUSIP # 264411505
Total 2004 Taxable Unrecap- Long-Term Non-
Distri- Ordinary tured Capital Taxable
Payment Date bution Dividend Section Gain Return of
Per Share 1250 Distri- Capital
Gain bution
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Form 1099-DIV
Box Number 1a 2b 2a less 2b 3
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2/27/04 .460000 .318690 .023498 .037163 .080649
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5/28/04 .460000 .318690 .023498 .037163 .080649
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8/31/04 .465000 .322154 .023753 .037568 .081525
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11/30/04 .465000 .322154 .023753 .037568 .081525
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2004 Totals 1.850000 1.281688 .094502 .149462 .324348
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Percentage 100.0000% 69.2805% 5.1082% 8.0790% 17.5323%
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Total qualified dividend income included in taxable ordinary
dividends above is $.047732 per share (Box 1b, Form 1099-DIV).
Preferred Share Dividends:
Security Ticker CUSIP # Total Taxable Unrecap- Long-Term
Symbol 2004 Ordinary tured Capital
Distri- Dividend Section Gain
bution 1250 Distri-
Per Share Gain bution
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Form 1a 2b 2a less
1099-DIV 2b
Box
Number
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Preferred Not 264411885 $3.995000 3.468262 .204025 .322713
Series B Listed 100.0000% 86.8151% 5.1070% 8.0779%
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Preferred DREPRD 264411877 $.389237 .337916 .019878 .031443
Series D 100.0000% 86.8151% 5.1070% 8.0779%
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Preferred DREPRE 264411844 $.114580 .099473 .005852 .009255
Series E 100.0000% 86.8151% 5.1070% 8.0779%
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Preferred DREPRI 264411810 $2.112520 1.833986 .107886 .170648
Series I 100.0000% 86.8151% 5.1070% 8.0779%
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Preferred DREPRJ 264411778 $1.656240 1.437866 .084584 .133790
Series J 100.0000% 86.8151% 5.1070% 8.0779%
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Preferred DREPRK 264411760 $1.300000 1.128596 .066391 .105013
Series K 100.0000% 86.8151% 5.1070% 8.0779%
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Total qualified dividend income included in taxable ordinary
dividends above is $.103076, $.010043, $.002956, $.054506, $.042733,
and $.033542 for the Preferred Series B, D, E, I, J, and K shares
respectively.
For corporate shareholders, the Section 291(a) preference item is 1.0227% of total dividend distributions. The company did not incur To become subject to and liable for; to have liabilities imposed by act or operation of law. Expenses are incurred, for example, when the legal obligation to pay them arises. An individual incurs a liability when a money judgment is rendered against him or her by a court. any foreign taxes in 2004. Shareholders are encouraged to consult with their tax advisors A tax advisor is a financial expert especially trained in tax law. Some countries require tax advisors to verify the balance sheets of companies above a certain size. Individuals usually require tax advisors to minimize taxation, to avoid learning the details of tax law in as to their specific tax treatment of Duke Realty Corporation dividends. Duke Realty Corporation is the largest publicly traded office and industrial real estate company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Offering a complete range of real estate products and services, Duke produces more than $800 million in annual revenue from over 4,200 tenants and focuses on building dominant market positions in each of its 13 geographic geographic /geo·graph·ic/ (je?o-graf´ik) in pathology, of or referring to a pattern that is well demarcated, resembling outlines on a map. geographic pertaining to geography. platforms across the Midwest Midwest or Middle West, region of the United States centered on the western Great Lakes and the upper-middle Mississippi valley. It is a somewhat imprecise term that has been applied to the northern section of the land between the Appalachians and the Southeast Southeast or south east is the ordinal direction halfway between south and east. It the opposite of northwest. Southeast or South East can refer to: adj. 1. Almost exact or correct: the approximate time of the accident. 2. 4,600 acres of undeveloped land that can support more than 69 million square feet of future development. Visit Duke on the web at www.dukerealty.com. |
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