Adamas Trust Announces Tax Treatment of 2025 Dividend Distributions

Core Viewpoint - Adamas Trust, Inc. has announced the tax treatment of its common and preferred stock dividends paid in 2025, providing essential information for stockholders regarding their tax reporting obligations related to these distributions [1][3]. Tax Treatment of Dividends - Stockholders are advised to verify their 2025 tax statements from brokerage firms against the information provided by the company [2]. - No portion of the 2025 dividend distributions is expected to be classified as excess inclusion income, which is relevant for certain tax-exempt investors [3]. - The cash distribution declared in December 2025, which exceeds the company's earnings and profits for 2025, will be treated as a 2026 distribution for federal income tax purposes, resulting in $0.00 reported on the 2025 Form 1099 and $0.23 on the 2026 Form 1099 for stockholders of record as of December 22, 2025 [4]. Dividend Distribution Details - For the 8.000% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, total distributions per share for 2025 amount to $2.00, with $1.772612 classified as ordinary dividends [4]. - For the 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, total distributions per share for 2025 are $1.06, with $0.672320 classified as ordinary dividends [5]. - For the 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, total distributions per share for 2025 are $1.7187500, with $1.5233376 classified as ordinary dividends [6]. - For the 7.000% Series G Cumulative Redeemable Preferred Stock, total distributions per share for 2025 are $1.750000, with $1.551036 classified as ordinary dividends [6]. Company Overview - Adamas Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT) for federal income tax purposes, focusing on generating durable earnings and long-term value for stockholders through disciplined portfolio management [8].