Starwood Property Trust Announces Updated Tax Reporting Information
Starwood Property Trust Announces Updated Tax Reporting Information |
[28-January-2020] |
GREENWICH, Conn., Jan. 28, 2020 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced updated tax treatment for the Company's distributions on its common stock (CUSIP: 85571B105) paid with respect to the calendar year ended December 31, 2019:
*To the extent that total distributions for the year exceeded 2019 earnings, the portion of the fourth quarter distribution paid in January of 2020 that was equal to that excess will be treated as a 2020 distribution for federal tax purposes and is not included on the 2019 Form 1099. 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 $57 billion of capital since inception and manages a portfolio of $16 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: View original content:http://www.prnewswire.com/news-releases/starwood-property-trust-announces-updated-tax-reporting-information-300994882.html SOURCE Starwood Property Trust, Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Company Codes: NYSE:STWD |
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