Kilroy Realty Announces Tax Treatment of 2005 Dividend Distributions.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- Kilroy Kilroy fictitious American soldier; left inscription, “Kilroy was here,” everywhere U.S. soldiers were stationed (1940s). [Am. Mil. Folklore: Misc.] See : Ubiquity 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 :KRC KRC - Kent Recursive Calculator. A lazy functional language developed by David Turner in 1981 based on SASL, with pattern matching and ZF expressions. ["Functional Programming and its Applications", David A. Turner, Cambridge U Press 1982]. See also continental drift. ) announced today the tax treatment of its 2005 dividend distributions. The Company's total dividend distributions per share of common stock (CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. #49427F108) are to be classified for income tax purposes as follows:
Record Payable Total 2005 2005 2005 2005
Date Date Distribution Taxable Total Un- Return
per Share Ordinary Capital recaptured of
Dividend Gain Section Capital
Distri- 1250
bution Gain(1)
----------------------------------------------------------------------
12/31/04 1/18/05 $.495000 $.053929 $.012629 $.008282 $.428442
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3/31/05 4/15/05 .510000 .055563 .013012 .008533 .441425
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6/30/05 7/15/05 .510000 .055563 .013012 .008533 .441425
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9/30/05 10/18/05 .510000 .055563 .013012 .008533 .441425
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(1) Unrecaptured Section 1250 Gain is a subset of, and is included in,
the Total Capital Gain Distribution amount.
The dividend distributions being made to holders of record as of December December: see month. 30, 2005 and being paid on January 18, 2006 are considered 2006 dividend distributions for federal income tax purposes. The Company's total dividend distributions per share of Series E cumulative redeemable Redeemable Eligible for redemption under the terms of an indenture. perpetual PERPETUAL. That which is to last without limitation as to time; as, a perpetual statute, which is one without limit as to time, although not expressed to be so. preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. (CUSIP #49427F405) are to be classified for income tax purposes as follows:
Record Payable Total 2005 2005 2005 2005
Date Date Distribution Taxable Total Un- Return
per Share Ordinary Capital recaptured of
Dividend Gain Section Capital
Distri- 1250
bution Gain(1)
----------------------------------------------------------------------
2/1/05 2/15/05 $.487500 $.393632 $.093868 $.061556 -
----------------------------------------------------------------------
5/2/05 5/16/05 .487500 .393632 .093868 .061556 -
----------------------------------------------------------------------
8/1/05 8/15/05 .487500 .393632 .093868 .061556 -
----------------------------------------------------------------------
10/31/05 11/15/05 .487500 .393632 .093868 .061556 -
----------------------------------------------------------------------
(1) Unrecaptured Section 1250 Gain is a subset of, and is included in,
the Total Capital Gain Distribution amount.
The Company's total dividend distributions per share of Series F cumulative redeemable perpetual preferred stock (CUSIP #49427F504) are to be classified for income tax purposes as follows:
Record Payable Total 2005 2005 2005 2005
Date Date Distribution Taxable Total Un- Return
per Share Ordinary Capital recaptured of
Dividend Gain Section Capital
Distri- 1250
bution Gain(1)
----------------------------------------------------------------------
2/1/05 2/15/05 $.354167 $.285973 $.068194 $.044720 -
----------------------------------------------------------------------
5/2/05 5/16/05 .468750 .378493 .090257 .059188 -
----------------------------------------------------------------------
8/1/05 8/15/05 .468750 .378493 .090257 .059188 -
----------------------------------------------------------------------
10/31/05 11/15/05 .468750 .378493 .090257 .059188 -
----------------------------------------------------------------------
(1) Unrecaptured Section 1250 Gain is a subset of, and is included in,
the Total Capital Gain Distribution amount.
Stockholders 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 for Kilroy Realty Corporation common and preferred distributions. Kilroy Realty Corporation, a member of the S&P Small Cap 600 Index, is a Southern California-based real estate investment trust active in the office and industrial property sectors. For more than 50 years the company has owned, developed, acquired and managed real estate assets, primarily in the coastal regions of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). and Washington. Kilroy Realty currently has an in-process development pipeline of approximately 644,000 square feet of office space in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. County. At September 30, 2005, the company owned 7.8 million rentable square feet of commercial office space and 4.7 million rentable square feet of industrial space. More information is available at www.kilroyrealty.com. |
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