NEW YORK, Jan. 25, 2016 /PRNewswire/ -- Blackstone Mortgage
Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its
2015 common stock dividends. The following table summarizes
Blackstone Mortgage Trust's class A common stock dividend payments
for the tax year ended December 31,
2015:
|
|
|
|
|
|
|
|
Record
|
Payment
|
Cash
|
|
|
Ordinary
|
Qualified
|
Capital
Gain
|
Date
|
Date
|
Distribution
|
Adjustment
|
Dividend(1)
|
Dividends
|
Dividends
|
Dividends
|
|
|
|
|
|
|
|
|
12/31/2014
|
1/15/2015
|
$ 0.00
|
$ 0.06
|
$
0.06(2)
|
$0.055415
|
$0.000000
|
$0.004585
|
3/31/2015
|
4/15/2015
|
$ 0.52
|
$ 0.00
|
$ 0.52
|
$0.480265
|
$0.000000
|
$0.039735
|
6/30/2015
|
7/15/2015
|
$ 0.52
|
$ 0.00
|
$ 0.52
|
$0.480265
|
$0.000000
|
$0.039735
|
9/30/2015
|
10/15/2015
|
$ 0.62
|
$ 0.00
|
$ 0.62
|
$0.572624
|
$0.000000
|
$0.047376
|
12/31/2015
|
1/15/2016
|
$ 0.62
|
$ (0.06)
|
$
0.56(3)
|
$0.517208
|
$0.000000
|
$0.042792
|
|
|
|
|
|
|
|
|
|
|
$
2.28
|
$
(0.00)
|
$
2.28
|
$2.105777
|
$0.000000
|
$0.174223
|
(1) Pursuant to IRC Section 857(b)(9), cash distributions made
on January 15, 2015 with a record
date of December 31, 2014 are treated
as received by shareholders on December 31,
2014 to the extent of 2014 earnings and profits. Similarly,
cash distributions made on January 15,
2016 with a record date of December
31, 2015 are treated as received by shareholders on
December 31, 2015 to the extent of
2015 earnings and profits.
(2) As the Company's aggregate 2014 cash distributions exceeded
its 2014 earnings and profits, a portion of the January 2015 cash distribution declared in the
fourth quarter of 2014 was treated as a 2015 distribution for
federal income tax purposes and not included on the 2014 Form 1099.
If you were a stockholder of record as of December 31, 2014, $0.46 was reported on your 2014 Form 1099 and
$0.06 is reported on your 2015 Form
1099.
(3) As the Company's aggregate 2015 cash distributions exceeded
its 2015 earnings and profits, a portion of the January 2016 cash distribution declared in the
fourth quarter of 2015 will be treated as a 2016 distribution for
federal income tax purposes and not included on the 2015 Form 1099.
If you were a stockholder of record as of December 31, 2015, $0.56 is reported on your 2015 Form 1099 and
$0.06 will be reported on your 2016
Form 1099.
About Blackstone Mortgage Trust
Blackstone Mortgage
Trust, Inc. (NYSE:BXMT) is a real estate finance company that
originates and acquires senior loans collateralized by properties
in North America and Europe. BXMT is a real estate investment trust
headquartered in New York City and
is externally managed by BXMT Advisors L.L.C., a subsidiary of
Blackstone. Further information is available at www.bxmt.com.
About Blackstone
Blackstone (NYSE:BX) is one of the
world's leading investment firms. Blackstone seeks to create
positive economic impact and long-term value for its investors, the
companies it invests in, and the communities in which it works.
Blackstone does this by using extraordinary people and flexible
capital to help companies solve problems. Blackstone's asset
management businesses, with over $330
billion in assets under management, include investment
vehicles focused on private equity, real estate, public debt and
equity, non-investment grade credit, real assets and secondary
funds, all on a global basis. Further information is available at
www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
Forward-looking Statements
This release may contain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which reflect
Blackstone Mortgage Trust's current views with respect to, among
other things, Blackstone Mortgage Trust's operations and financial
performance, including performance of its recently acquired loan
portfolio from GE Capital. You can identify these forward-looking
statements by the use of words such as "outlook," "indicator,"
"believes," "expects," "potential," "continues," "may," "will,"
"should," "seeks," "approximately," "predicts," "intends," "plans,"
"estimates," "anticipates" or the negative version of these words
or other comparable words. Such forward-looking statements are
subject to various risks and uncertainties. Accordingly, there are
or will be important factors that could cause actual outcomes or
results to differ materially from those indicated in these
statements. Blackstone Mortgage Trust believes these factors
include but are not limited to those described under the section
entitled "Risk Factors" in its Annual Report on Form 10-K for the
fiscal year ended December 31, 2014
and under the section entitled "Risks Related to the Loan Portfolio
Acquisition" in its Quarterly Report on Form 10-Q for the fiscal
quarter ended March 31, 2015, as such
factors may be updated from time to time in its periodic filings
with the Securities and Exchange Commission ("SEC") which are
accessible on the SEC's website at www.sec.gov. These factors
should not be construed as exhaustive and should be read in
conjunction with the other cautionary statements that are included
in this release and in the filings. Blackstone Mortgage Trust
assumes no obligation to update or supplement forwardlooking
statements that become untrue because of subsequent events or
circumstances.
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SOURCE Blackstone Mortgage Trust, Inc.