Capital Trust, Inc. Announces Tax Treatment Of 2012 Dividends
NEW YORK, Jan. 23, 2013
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.
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.
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.
Contact: Douglas Armer, +1-212-655-0220, firstname.lastname@example.org
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