ORLANDO, Fla., Jan. 29, 2016 /PRNewswire/ -- Parkway Properties, Inc. (NYSE: PKY) provided today the tax treatment for its 2015 distributions, as follows.
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| Common Stock (CUSIP #70159Q10-4, ticker symbol PKY on the NYSE): |
||||||||
| Total |
Total |
Unrecaptured |
||||||
| Record |
Payment |
Distribution |
Ordinary |
Qualified |
Capital Gain |
Section 1250 |
Nondividend |
|
| Date |
Date |
Per Share |
Dividends |
Dividends |
Distribution |
Gain (1) |
Distributions (2) |
|
| 03/11/15 |
03/25/15 |
$0.187500 |
$0.000000 |
$0.000000 |
$0.000000 |
$0.000000 |
$0.187500 |
|
| 06/10/15 |
06/24/15 |
$0.187500 |
$0.091312 |
$0.000000 |
$0.000000 |
$0.000000 |
$0.096188 |
|
| 09/16/15 |
09/30/15 |
$0.187500 |
$0.014595 |
$0.000000 |
$0.000000 |
$0.000000 |
$0.172905 |
|
| 12/16/15 |
12/30/15 |
$0.187500 |
$0.162945 |
$0.000000 |
$0.000000 |
$0.000000 |
$0.024555 |
|
| Totals |
$0.750000 |
$0.268852 |
$0.000000 |
$0.000000 |
$0.000000 |
$0.481148 |
||
(1) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain Distribution.
(2) Return of Capital
The Company did not incur any foreign taxes. Stockholders are urged to consult with their tax advisors as to their specific tax treatment of Parkway Properties, Inc. common distributions.
About Parkway Properties
Parkway Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust specializing in the acquisition, ownership, development and management of quality office properties in higher growth submarkets in the Sunbelt region of the United States. Parkway owns or has an interest in 36 office properties located in six states with an aggregate of approximately 14.3 million square feet of leasable space at January 1, 2016. Fee-based real estate services are offered through wholly owned subsidiaries of the Company, which in total manage and/or lease approximately 2.7 million square feet for third-party owners at January 1, 2016.
Contact:
David R. O'Reilly
Executive Vice President and Chief Financial Officer
(407) 650-0593
SOURCE Parkway Properties, Inc.
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