INDIANAPOLIS, Jan. 22, 2018 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE:DRE) announces the income tax characteristics of its 2017 common share dividends. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Duke Realty Corporation's dividends.

Common Share Dividends:
Ticker Symbol DRE, CUSIP # 264411505

Payment Date

Total 2017
Distribution
Per Share
Total
Ordinary
Dividends
Total Capital
Gain
Distribution
Unrecaptured
Section 1250
Gain

(1)
Form 1099-DIV
Box Number

1a

2a 2b
2/28/17 0.190000 0.044943 0.145057 0.028781
5/31/17 0.190000 0.044943 0.145057 0.028781
8/31/17 0.190000 0.044943 0.145057 0.028781
11/30/17 0.200000 0.047308 0.152692 0.030296
12/12/17 0.850000 0.201060 0.648940 0.128757
2017 Totals $1.620000 $0.383197 $1.236803 $0.245396
Percentage 100.0000% 23.6541% 76.3459%
(1) Unrecaptured Sec. 1250 Gain is a subset of, and is included in, the Total Capital Gain Distribution amount reported in box 2a of Form 1099-DIV.

For corporate shareholders, the Section 291(a) preference item is 3.0296% of total dividend distributions. The company did not incur any foreign taxes in 2017. For purposes of satisfying U.S. federal income tax withholding obligations under Section 1.1445-8 of the federal income tax regulations with respect to payments to foreign shareholders, Duke Realty Corporation characterizes the long-term capital gain portion of the dividends, including the Unrecaptured Section 1250 gain, described above as capital gain dividends.

About Duke Realty Corporation

Duke Realty Corporation owns and operates approximately 144 million rentable square feet of industrial assets in 21 major U.S. metropolitan areas. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500 Index. More information about Duke Realty Corporation is available at www.dukerealty.com.

Investor Relations Contacts:

Ron Hubbard
(317) 808-6060

Tax Contact:

Tracy D. Swearingen
(317) 808-6133

Duke Realty Corporation

Duke Realty Corporation published this content on 22 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 January 2018 21:24:09 UTC.

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