Tax Treatment of 2023 Dividends
Common Stock – CUSIP number 11135E203
| FORM 1099-DIV |
Box 1a |
Box 2a |
Box 2b |
Box 2f |
Box 3 |
Box 5 |
| Record Date |
Payment Date |
Distribution Per Share |
Ordinary Dividends |
Capital Gain Distributions(1) |
Unrecaptured Section 1250 Gain(2) |
Section 897 Capital Gain(3) |
Nondividend Distributions (4) |
Section 199A Dividends |
| 12/31/2022 |
01/13/2023 |
$0.275 |
$0.191885 |
$0.058779 |
$0.025508 |
$0.058779 |
$0.024336 |
$0.191885 |
| 03/31/2023 |
04/14/2023 |
$0.275 |
$0.191885 |
$0.058779 |
$0.025508 |
$0.058779 |
$0.024336 |
$0.191885 |
| 06/30/2023 |
07/14/2023 |
$0.280 |
$0.195373 |
$0.059848 |
$0.025972 |
$0.059848 |
$0.024779 |
$0.195373 |
| 09/30/2023 |
10/13/2023 |
$0.280 |
$0.195373 |
$0.059848 |
$0.025972 |
$0.059848 |
$0.024779 |
$0.195373 |
- The 2023 Capital Gain Distributions are comprised entirely of long-term capital gains determined under Section 1231 of the Code, and are excluded from Section 1061 of the Code. Accordingly, for purposes of Section 1061 of the Code and Treasury Regulations thereunder, the Company makes the following disclosures: the “One Year Amounts Disclosure” and the “Three Year Amounts Disclosure” are each $0.
- Unrecaptured Section 1250 Gain is a subset of, and included in, the Capital Gain Distribution amounts (Box 2a).
- Section 897 Capital Gain is a subset of, and included in, the Capital Gain Distributions amounts (Box 2a).
- Return of Capital.