Cautionary Language

The information appearing on DHC ’s website includes statements which constitute forward looking statements. These forward looking statements are based upon DHC ’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. DHC ’s actual results may differ materially from those contained in DHC ’s forward looking statements. The information contained in DHC ’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in DHC ’s periodic reports and other filings, identifies important factors that could cause DHC ’s actual results to differ materially from those stated in DHC ’s forward looking statements. DHC ’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on DHC ’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. Diversified Healthcare Trust does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

OK
Cautionary Language

Please note that you are about to view content from a third party website. DHC does not by its inclusion imply its endorsement of or concurrence with the data provided on this website.

OK

Diversified Healthcare Trust Announces 2020 Dividend Allocation

January 19, 2021

NEWTON, Mass.--(BUSINESS WIRE)-- Diversified Healthcare Trust (Nasdaq: DHC) today announced that the characterization of dividends for 2020 income tax reporting purposes is as follows:

Common Shares

 

Dividend Allocation

 

Per Share

Section

Total

Unrecaptured

Declaration

Record

Paid/Payable

Dividends

Ordinary

199A

Qualified

Capital

Section 1250

Return of

Dates

Dates

Dates

Per Share

Income

Dividend(1)

Dividend(2)

Gain

Gain(3)

Capital

01/01/20

01/01/20

01/01/20

$0.25

$0.00

$0.00

$0.00

$0.00

$0.00

$0.25

01/16/20

01/27/20

02/20/20

$0.15

$0.00

$0.00

$0.00

$0.00

$0.00

$0.15

04/02/20

04/13/20

05/21/20

$0.01

$0.00

$0.00

$0.00

$0.00

$0.00

$0.01

07/16/20

07/27/20

08/20/20

$0.01

$0.00

$0.00

$0.00

$0.00

$0.00

$0.01

10/15/20

10/26/20

11/19/20

$0.01

$0.00

$0.00

$0.00

$0.00

$0.00

$0.01

TOTALS:

$0.43

$0.00

$0.00

$0.00

$0.00

$0.00

$0.43

(1)

Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.

(2)

Qualified Dividends are a subset of, and included in, the Ordinary Income amount.

(3)

Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.

DHC’s common share CUSIP number is 25525P107. This information represents final income allocations.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV.

The above characterization of DHC dividends includes an in-kind distribution of the right to receive common shares in Five Star Senior Living (Nasdaq: FVE). For tax reporting purposes, the value of this distribution was $3.71 per FVE share ultimately received by a DHC shareholder. Since 0.0678 FVE shares were ultimately received by DHC shareholders for each DHC share owned, the distribution to DHC shareholders was valued at $0.25 per DHC share. The initial tax basis of each full FVE share is $3.71. For additional information regarding the effect on the tax basis of DHC shares, please see Form(s) 8937 published on the DHC website: https://www.dhcreit.com/investors/stock-information/distributions.

Diversified Healthcare Trust (Nasdaq: DHC) is a real estate investment trust (REIT) focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum: by care delivery and practice type, by scientific research disciplines, and by property type and location. As of September 30, 2020, DHC’s $8.2 billion portfolio included 407 properties in 37 states and Washington, D.C., occupied by more than 600 tenants, and totaling approximately 11.6 million square feet of medical office and life science properties and more than 30,000 living units. DHC is managed by the operating subsidiary of The RMR Group Inc., an alternative asset management company that is headquartered in Newton, MA. To learn more about DHC, visit www.dhcreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Michael Kodesch, Director, Investor Relations
(617) 796-8234
www.dhcreit.com

Source: Diversified Healthcare Trust

IR Contact

U.S Green Building Council Energy Star Partner      Green Lease Leaders