Whitestone REIT Announces Tax Characteristics of 2024 Distributions

Core Viewpoint - Whitestone REIT has announced the federal income tax treatment of its 2024 cash distributions to common shareholders, detailing the classification of dividends and capital gains for tax reporting purposes [1] Distribution Details - The total cash distribution for 2024 is $0.491250 per share, with ordinary dividends amounting to$0.300597, capital gain distributions of $0.182841, and a return of capital of$0.061227 [1] - Monthly distributions are set at $0.040000 for January, February, and March, and$0.041250 for the subsequent months from April to December [1] Company Overview - Whitestone REIT operates as a community-centered real estate investment trust, focusing on acquiring, owning, operating, and developing open-air retail centers in rapidly growing markets such as Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio [2] - The company emphasizes convenience-focused centers with a mix of service-oriented tenants, including food, self-care, services, education, and entertainment [3]