The Town and Country Trust Announces Income Tax Treatment of 2004 Dividends
22 1월 2005 - 5:35AM
PR Newswire (US)
The Town and Country Trust Announces Income Tax Treatment of 2004
Dividends BALTIMORE, Jan. 21 /PRNewswire-FirstCall/ -- The Town and
Country Trust (NYSE:TCT), announced today the Federal income tax
characteristics of the distributions it paid in 2004 on its common
shares as they will be reported on Form 1099-DIV. The
classifications are as follows: CUSIP 892 081 100 Declaration
Record Payable Cash Taxable Return of Distribution Ordinary Date
Date Date Per Share Dividend Capital 02/18/04 03/01/04 03/10/04
$0.43 28.00% 72.00% 05/05/04 05/21/04 06/10/04 $0.43 28.00% 72.00%
08/05/04 08/20/04 09/10/04 $0.43 28.00% 72.00% 11/05/04 11/19/04
12/04/04 $0.43 28.00% 72.00% Totals $1.72 28.00% 72.00% No portion
of the Company's distributions in 2004 represented capital gains.
The Company's distributions in 2004 are not "qualified dividends"
and, therefore, are not eligible for capital gains rates. The Town
and Country Trust, a multifamily real estate investment trust, owns
and operates 13,065 apartment homes in 38 multifamily properties in
the Mid-Atlantic and Southeast. Additional information regarding
The Town and Country Trust can be found on the Trust's web site at
http://www.tctrust.com/. DATASOURCE: The Town and Country Trust
CONTACT: Alan W. Lasker, Senior Vice President and CFO of The Town
and Country Trust, +1-212-407-2151 Web site:
http://www.tctrust.com/
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