PS Business Parks, Inc. Announces Tax Treatment of 2011 Dividends
PS Business Parks, Inc. (NYSE: PSB) announced today the tax treatment of the Company’s 2011 dividends. For the tax year ended December 31, 2011, 100.0% of distributions for the common stock and all the various series of preferred stock for all four quarters were classified as ordinary income. The Company did not declare a capital gain distribution, nor did it have any undistributed long-term capital gain for 2011.... Read more
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