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Veris Residential Announces Tax Treatment of 2024 Distributions
VREVeris Residential(VRE) Prnewswire·2025-02-18 13:00

Group 1 - Veris Residential, Inc. announced the tax treatment of its 2024 distributions, totaling 0.235pershareofcommonstock[1]Thedistributionsareclassifiedasfollows:0.235 per share of common stock [1] - The distributions are classified as follows: 0.053 on 12/29/2023, 0.053on4/3/2024,0.053 on 4/3/2024, 0.060 on 7/3/2024, and $0.070 on 6/30/2024, all categorized as return of capital [1] - Shareholders are advised to consult tax advisors regarding the specific tax treatment of the distributions [1] Group 2 - Veris Residential, Inc. is a real estate investment trust (REIT) focused on owning, operating, acquiring, and developing Class A multifamily properties in the Northeast [2] - The company utilizes a technology-enabled, vertically integrated operating platform to enhance the living experience for residents and positively impact communities [2] - Veris Residential is guided by an experienced management team and Board of Directors, emphasizing corporate governance and an inclusive culture [2]