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Elme Communities Announces Income Tax Treatment of Its 2024 Dividend Distribution
ELMEElme munities(ELME) GlobeNewswire·2025-01-21 21:15

Group 1 - Elme Communities announced the income tax treatment of its 2024 dividend distributions, encouraging shareholders to consult personal tax advisors for specific tax implications [1] - The total dividend distribution for 2024 is 0.72000pershare,withabreakdownofordinarytaxableincomepershareat0.72000 per share, with a breakdown of ordinary taxable income per share at 0.07644 and non-taxable return of capital at 0.56764[2]−Thecompanyoperatesapproximately9,400apartmenthomesand300,000squarefeetofcommercialspace,focusingonprovidingquality,affordablehomestomid−marketdemand[3]Group2−Theordinarytaxableincomepershareforeachdividendpaymentin2024is0.56764 [2] - The company operates approximately 9,400 apartment homes and 300,000 square feet of commercial space, focusing on providing quality, affordable homes to mid-market demand [3] Group 2 - The ordinary taxable income per share for each dividend payment in 2024 is 0.01911, with a consistent gross dividend of $0.18000 per share across all payment dates [2] - Elme Communities aims to build long-term value for shareholders by enhancing the quality and service of its multifamily real estate offerings [3]