Terreno Realty Corporation Announces Tax Treatment of 2025 Dividends

Core Viewpoint - Terreno Realty Corporation announced the income tax treatment of its 2025 dividend distributions to common stockholders, detailing the structure and components of the distributions [1][2]. Dividend Distribution Summary - The total distribution for 2025 is $1.91 per share, which includes portions from various quarterly distributions declared in 2024 and 2025, as well as a portion declared in 2025 and paid in 2026 [2]. - The distribution characteristics include: - December 2024: $0.234 per share, with $0.225672 as ordinary taxable dividend [2] - March 2025: $0.490 per share, with $0.472560 as ordinary taxable dividend [2] - June 2025: $0.490 per share, with $0.472560 as ordinary taxable dividend [2] - September 2025: $0.520 per share, with $0.501493 as ordinary taxable dividend [2] - December 2025: $0.172 per share, with $0.165878 as ordinary taxable dividend [2] - The total ordinary taxable dividend amounts to $1.838163, representing 96.4% of the total distribution [2]. Tax Treatment Details - The 2025 Section 199A dividends are included in the ordinary taxable dividends, with approximately $0.17 of the $0.52 distribution declared on November 4, 2025, considered a distribution made in 2025 for U.S. federal income tax purposes [3]. - The unrecaptured Section 1250 gain is a subset of the total capital gain dividend amount for 2025 [2]. Company Overview - Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. [4].