DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced the tax allocations of 2017 distributions on shares of its common stock. The allocation of the 2017 distributions totaling $1.64 per common share for purposes of 2017 Form 1099-DIV reporting has been determined to be 100% ($1.64 per share) non-dividend distributions (also known as return of capital). The table below contains the information regarding distributions on a quarterly basis.
|CyrusOne Inc. Common Shares (NASDAQ: CONE)|
|2017 Taxable||2017 Capital||2017 Non-Dividend|
|Ordinary Dividends||Gain Distributions||Distributions|
|Payment||Distribution||Box 1a||Box 2a||Box 3|
|Date||Date||($ per Share)||($ per Share)||($ per Share)||($ per Share)|
The distribution of $0.42 per common share paid on 1/12/18 to shareholders of record as of 12/29/17 will be allocated and reported in tax year 2018.
Please note that state and 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. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of CyrusOne’s distributions.
CyrusOne (NASDAQ: CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The Company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for nearly 1,000 customers, including 195 Fortune 1000 companies.
With a track record of meeting and surpassing the aggressive speed-to-market demands of hyperscale cloud providers, as well as the expanding IT infrastructure requirements of the enterprise, CyrusOne provides the flexibility, reliability, security, and connectivity that foster business growth. CyrusOne offers a tailored, customer service-focused platform and is committed to full transparency in communication, management, and service delivery throughout its 44 data centers worldwide. Additional information about CyrusOne can be found at www.CyrusOne.com.
Source: CyrusOne Inc.