Capital Trust, Inc. Announces Tax Treatment Of 2012 Dividends
NEW YORK, Jan. 23, 2013 /PRNewswire/ -- Capital Trust,
Inc. (NYSE: CT) announced today the tax treatment of its 2012
common stock dividends.
During 2012, Capital Trust did not pay any regular quarterly
dividends on its class A common stock. On December 20, 2012, Capital Trust paid a special
dividend on its class A common stock of $2.00 per share. The following table describes
the payment:
|
Payment
|
Dividend
|
Cash
|
Ordinary
|
Qualified
|
Return
of
|
|
Date
|
Type
|
Distribution
|
Dividends
|
Dividends
|
Capital
|
|
|
|
|
|
|
|
12/20/2012
|
Special
|
$2.00
|
$1.122662
|
$0.000000
|
$0.877338
|
|
|
|
|
|
|
|
Total
|
|
$2.00
|
$1.122662
|
$0.000000
|
$0.877338
|
About Capital Trust
Capital Trust, Inc. (NYSE: CT) is
a real estate finance company that specializes in credit sensitive
structured financial products. To date, Capital Trust's investment
programs have focused primarily on loans and securities backed by
commercial real estate assets. The company is externally managed by
BREDS / CT Advisor L.L.C., a subsidiary of Blackstone and is a real
estate investment trust traded on the New York Stock Exchange under
the symbol "CT". Capital Trust is headquartered in New York City.
About Blackstone
Blackstone (NYSE: BX) is one of the
world's leading investment and advisory firms. Blackstone seeks to
create positive economic impact and long-term value for its
investors, the companies they invest in, the companies they advise
and the broader global economy. Blackstone does this through the
commitment of its extraordinary people and flexible capital. Its
alternative asset management businesses include the management of
private equity funds, real estate funds, hedge fund solutions,
credit-oriented funds and closed-end mutual funds. Blackstone also
provides various financial advisory services, including financial
and strategic advisory, restructuring and reorganization advisory
and fund placement services. Further information is available at
www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
Forward-Looking Statements
This news release contains
certain forward-looking statements within the meaning of Section
21E of the Securities Exchange Act of 1934, as amended, including
statements relating to future financial results and business
prospects. The forward-looking statements contained in this news
release are subject to certain risks and uncertainties including,
but not limited to, the performance of Capital Trust's investments,
the timing of collections, its capability to repay indebtedness as
it comes due, its ability to originate investments, the
availability of capital and Capital Trust's tax status, as well as
other risks indicated from time to time in Capital Trust's Form
10-K and Form 10-Q filings with the SEC. Capital Trust and
Blackstone assume no obligation to update or supplement
forward-looking statements that become untrue because of subsequent
events or circumstances.
SOURCE Capital Trust, Inc.