American Assets Trust, Inc. Releases Tax Status of 2023 Distributions

Core Viewpoint - American Assets Trust, Inc. has announced the tax treatment of its 2023 dividend distributions, providing detailed information on the nature of these distributions and their tax implications [1][2]. Dividend Distribution Summary - The total distribution per share for 2023 is $1.32, with each quarterly distribution being $0.33 [2]. - The taxable long-term ordinary capital dividend gain for the total distribution is $1.195948, while the return of capital amounts to $0.124052 [2]. Tax Treatment Details - Each quarterly distribution of $0.33 is fully allocable to 2023, with $0.298987 classified as taxable long-term ordinary capital dividend gain [2]. - There were no foreign taxes incurred by the company during 2023, and stockholders are advised to consult their personal tax advisors regarding the specific tax treatment of the dividends [2]. Company Overview - American Assets Trust, Inc. is a vertically integrated and self-administered real estate investment trust (REIT) based in San Diego, California, with over 55 years of experience in real estate [3]. - The company manages a diverse portfolio, including approximately 4.1 million rentable square feet of office space and 3.1 million rentable square feet of retail space, along with multifamily units and a mixed-use property [3].