PSTL - Postal Realty Trust Declares Fourth Quarter 2023 Dividend | Benzinga
– Increases Quarterly Dividend to $0.24 Per Share –
– Provides Tax Characteristics of 2023 Dividends –
CEDARHURST, N.Y., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE:PSTL) (the "Company"), an internally managed real estate investment trust that owns and manages over 1,900 postal properties leased primarily to the United States Postal Service (the "USPS"), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company's Class A common stock in the amount of $0.24 per share. This represents a 1.1% increase from the fourth quarter 2022 dividend. The dividend will be payable on February 29, 2024 to stockholders of record as of the close of business on February 16, 2024.
Tax Treatment of 2023 Dividends
The following table summarizes, for income tax purposes, the nature of the cash dividends paid to the Company's Class A common stockholders during the tax year ended December 31, 2023:
| Record Dates |
| Payable Dates |
| Distribution per Share |
| Ordinary Dividends |
| Non-Dividend Distributions |
| Section 199A Dividends |
| 2/15/2023 |
| 2/28/2023 |
| $0.2375 |