CapLease, Inc. : CapLease Announces Tax Treatment of 2011 Dividends

January 27, 2012 at 07:55 pm IST

MarketScreener.com By

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.