CapLease Announces Tax Treatment of 2011 Dividends

Published on Friday, 27 January 2012 09:21 Written by TradersHuddle Staff

NEW YORK-( Business Wire )-

CapLease, Inc. (NYSE: LSE) today announced the income tax treatment of its 2011 common and preferred stock dividend payments.

Common Stock
		Dividend Per Share		Record Date		Date of Payment		Total Ordinary Dividends		Nondividend Distributions (Return of Capital)
		$0.065		3/31/11		4/15/11		$0.00		$0.065
		$0.065		6/30/11		7/15/11		$0.00		$0.065
		$0.065		9/30/11		10/17/11		$0.00		$0.065
		$0.065		12/31/11		1/17/12		$0.00		$0.065
Totals		$0.26						$0.00		$0.26
Percent								0.00%		100.00%
Series A Cumulative Redeemable Preferred Stock
		Dividend Per Share		Record Date		Date of Payment		Total Ordinary Dividends		Nondividend Distributions (Return of Capital)
		$0.5078125		3/31/11		4/15/11		$0.00		$0.5078125
		$0.5078125		6/30/11		7/15/11		$0.00		$0.5078125
		$0.5078125		9/30/11		10/17/11		$0.00		$0.5078125
		$0.5078125		12/31/11		1/17/12		$0.00		$0.5078125
Totals		$2.0312500						$0.00		$2.0312500
Percent								0.00%		100.00%

As noted above, the entire fourth quarter 2011 dividend though paid in January 2012 is treated as having been received by stockholders and taxable for 2011.

No portion of CapLease’s 2011 dividends consisted of excess inclusion income subject to the specialized tax reporting and other rules applicable to such income.

About the Company:

CapLease, Inc. is a real estate investment trust, or REIT, that primarily owns and manages single tenant commercial real estate properties subject to long-term leases to high credit quality tenants.

Investor Relations:ICR, Inc.Brad Cohen, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.