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Gaming and Leisure Properties Inc. Announces 2024 Distribution Tax Treatment

In This Article:

Gaming and Leisure Properties, Inc.
Gaming and Leisure Properties, Inc.

WYOMISSING, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2024 of $3.04 per share of common stock (CUSIP: 36467J108).

Gaming and Leisure Properties’ tax return for the year ended December 31, 2024, has not yet been filed.  As a result, the income tax allocation for the distributions noted below have been calculated using the best available information as of the date of this press release.

 

 

Box 1a

Box 1b

Box 2a

Box 2b

Box 2f

Box 3

Box 5

Record Date

Payable Date

Total
Distribution
Per Share

Total
Ordinary
Dividends

Qualified
Dividends (1)

Total Capital
Gain
Distribution

Unrecaptured
1250 Gain (2)

Section
897 Capital
Gain

Nondividend
Distributions (3)

Section 199A
Dividends (4)

03/15/2024

03/29/2024

$0.760000

$0.739603

$0.000000

$0.004452

$0.000000

$0.000000

$0.015945

$0.739603

06/07/2024

06/21/2024

$0.760000

$0.739603

$0.000000

$0.004452

$0.000000

$0.000000

$0.015945

$0.739603

09/13/2024

09/27/2024

$0.760000

$0.739603

$0.000000

$0.004452

$0.000000

$0.000000

$0.015945

$0.739603

12/06/2024

12/20/2024

$0.760000

$0.739603

$0.000000

$0.004452

$0.000000

$0.000000

$0.015945

$0.739603

 

Totals

$3.040000

$2.958412

$0.000000

$0.017808

$0.000000

$0.000000

$0.063780

$2.958412

 

 

 

 

 

 

 

 

 

 

 

(1

)

Amounts in Box 1b are included in Box 1a

 

 

(2

)

Amounts in Box 2b are included in Box 2a

 

 

(3

)

Amounts in Box 3 are also known as Return of Capital

 

 

 

(4

)

Amounts in Box 5 are included in Box 1a

 

 

 

 

 

 

 

 

 

 

Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders on how distributions should be reported on their tax returns.  Also, note that state and local taxation of real estate investment trust distributions varies and may not be the same as the taxation under the federal rules.  Shareholders are encouraged to consult with their own tax advisors as to their specific federal, state, and local income tax treatment of the Company’s distributions.

About Gaming and Leisure Properties
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.