COPT Defense Announces Tax Treatment of 2023 Distributions

Core Viewpoint - COPT Defense Properties announced the 2023 tax treatment of its common share distributions, providing detailed information on the allocation of distributions for tax purposes [1]. Distribution Summary - The total distribution per share for the record date of December 30, 2022, is $0.2750, with $0.1402 classified as taxable ordinary dividends and $0.1348 as capital gain distribution [2]. - For the record date of March 31, 2023, the total distribution per share is $0.2850, with $0.1453 as taxable ordinary dividends and $0.1397 as capital gain distribution [2]. - The same total distribution per share of $0.2850 applies for the record dates of June 30, 2023, and September 29, 2023, with identical allocations for taxable ordinary dividends and capital gain distribution [2]. - The total distribution per share for the record date of December 29, 2023, is also $0.2850, maintaining the same allocation as previous distributions [2]. - Cumulatively, the total distribution for 2023 amounts to $1.4150 per share, with $0.7214 as taxable ordinary dividends and $0.6936 as capital gain distribution [2]. Company Overview - COPT Defense is a self-managed REIT focused on properties near U.S. Government defense installations, with a portfolio of 188 properties totaling 21.3 million square feet, 97.0% of which is leased [3].