JBG SMITH Reports Taxable Composition of 2024 Distributions
January 16 2025 - 3:15PM
Business Wire
JBG SMITH (NYSE: JBGS), a leading owner and developer of
high-quality, mixed-use properties in the Washington, DC market,
today announced the tax treatment of the Company's 2024
distributions on its common shares. The income allocations as they
will be reported on Form 1099-DIV are set forth in the following
table. JBG SMITH recommends consultation with a tax advisor
regarding the federal, state, and local income tax consequences of
these distributions.
Common Shares – CUSIP number 46590V100
Distribution Per Share
2024 Tax Treatment
Record Date
Payable Date
Total
Taxable in 2024
Taxable in 2025
Total Ordinary
Dividends
Qualified Dividends
Total Capital Gain
Distributions
Non-Dividend
Distribution
Section 199A Dividends
Form 1099-Div Box:
1a
1b
2a
3
5
03/01/2024
03/15/2024
$
0.175
$
0.175
$
0.000
$
0.135
$
0.042
$
0.000
$
0.040
$
0.093
05/10/2024
05/24/2024
$
0.175
$
0.175
$
0.000
$
0.135
$
0.042
$
0.000
$
0.040
$
0.093
08/07/2024
08/21/2024
$
0.175
$
0.175
$
0.000
$
0.135
$
0.042
$
0.000
$
0.040
$
0.093
11/07/2024
11/22/2024
$
0.175
$
0.175
$
0.000
$
0.135
$
0.042
$
0.000
$
0.040
$
0.093
12/30/2024
01/14/2025
$
0.175
$
0.000
$
0.175
$
0.000
$
0.000
$
0.000
$
0.000
$
0.000
Totals:
$
0.875
$
0.700
$
0.175
$
0.540
$
0.168
$
0.000
$
0.160
$
0.372
About JBG SMITH
JBG SMITH owns, operates, invests in, and develops mixed-use
properties in high growth and high barrier-to-entry submarkets in
and around Washington, DC, most notably National Landing. Through
an intense focus on placemaking, JBG SMITH cultivates vibrant,
amenity-rich, walkable neighborhoods throughout the Washington, DC
metropolitan area. Approximately 75.0% of JBG SMITH's holdings are
in the National Landing submarket in Northern Virginia, which is
anchored by four key demand drivers: Amazon's new headquarters;
Virginia Tech's under-construction $1 billion Innovation Campus;
the submarket’s proximity to the Pentagon; and our retail and
digital placemaking initiatives and public infrastructure
improvements. JBG SMITH's dynamic portfolio currently comprises
13.1 million square feet of high-growth multifamily, office and
retail assets at share, 98% of which are Metro-served. It also
maintains a development pipeline encompassing 9.3 million square
feet of mixed-use, primarily multifamily, development
opportunities. JBG SMITH is committed to the operation and
development of green, smart, and healthy buildings and plans to
maintain carbon neutral operations annually. For more information
on JBG SMITH please visit www.jbgsmith.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250116716247/en/
Kevin Connolly JBG SMITH Executive Vice President, Portfolio
Management & Investor Relations (240) 333-3837
kconnolly@jbgsmith.com
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