Rexford Industrial Announces 2025 Tax Treatment of Dividend Distributions

Core Viewpoint - Rexford Industrial Realty, Inc. has announced the 2025 tax treatment for its common and preferred stock dividend distributions, encouraging shareholders to consult their tax advisors for specific tax implications [1]. Common Stock Summary - The common stock distributions for 2025 include several payments, with the following key figures: - $0.417500 per share payable on January 15, 2025, for shareholders of record as of December 31, 2024, treated as a 2025 distribution for federal income tax purposes [2][3]. - Subsequent distributions of $0.430000 per share are payable on January 15, 2026, with approximately 66.28% ($0.285022) allocable to 2025 for tax purposes [4]. - Total distributions for the year amount to $2.137500 per share, with $1.992522 classified as ordinary dividends and $1.588406 as qualified dividends [2]. Series B Preferred Stock Summary - The Series B Preferred Stock distributions for 2025 include: - Payments of $0.367188 per share on four occasions throughout the year, with a total distribution of $1.468752 per share [5]. - Total ordinary dividends amount to $1.170864, with $0.297888 classified as unrecaptured Section 1250 gain [5]. Series C Preferred Stock Summary - The Series C Preferred Stock distributions for 2025 include: - Payments of $0.351563 per share on four occasions, totaling $1.406252 per share [6]. - Total ordinary dividends amount to $1.121040, with $0.285212 classified as unrecaptured Section 1250 gain [6]. Additional Notes - All capital gain distributions reported for 2025 relate to IRC Section 1231 gains, with zero amounts for "One Year Amounts" and "Three Year Amounts" as required by IRC Section 1061 [8]. - 100% of the capital gain distributions represent gains from dispositions of U.S. real property interests for foreign shareholders [9]. - Rexford Industrial operates in Southern California, a major industrial market, with a portfolio of 420 properties totaling approximately 50.9 million rentable square feet [10].