Saul Centers, Inc. Announces Tax Treatment of 2018 Dividends

BETHESDA, Md., Jan. 16, 2019 /PRNewswire/ — Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2018 dividends.  The Company declared and paid four quarterly dividends totaling $2.08 per share of Common Stock during 2018. For tax purposes, 77.3% of the dividends ($1.61 per common share) are characterized as ordinary income, while 22.7% of the dividends ($0.47 per common share) are characterized as return of capital.  The information will be reported to shareholders on Form 1099-DIV and the ordinary income portion will be reported as a section 199A dividend. The ...

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