JACKSON, Miss., Jan. 12 /PRNewswire-FirstCall/ -- Parkway Properties, Inc. announced today that the tax treatment for the 2009 distributions for Parkway Properties CUSIP #70159Q10-4 traded on the New York Stock Exchange under ticker symbol PKY is as follows:
Common Stock: Total Nondividend Record Payment Distribution Ordinary Distributions Date Date Per Share Dividends (1) ---- ---- --------- --------- ------------- 03/11/09 03/25/09 $0.325000 $0.177792 $0.147208 06/10/09 06/24/09 0.325000 0.177792 0.147208 09/16/09 09/30/09 0.325000 0.177792 0.147208 12/16/09 12/30/09 0.325000 0.177792 0.147208 -------- -------- -------- Totals $1.300000 $0.711168 $0.588832 ========= ========= =========
The income tax treatment for the 2009 Series D Preferred distributions for Parkway Properties, Inc. CUSIP #70159Q40-1 traded on the New York Stock Exchange under ticker symbol PKY PrD is as follows:
Series D Preferred Stock: Total Nondividend Record Payment Distribution Ordinary Distributions Date Date Per Share Dividends (1) ---- ---- --------- --------- ------------- 03/31/09 04/15/09 $0.500000 $0.500000 $0.000000 06/30/09 07/15/09 0.500000 0.500000 0.000000 09/30/09 10/15/09 0.500000 0.500000 0.000000 12/31/09 01/15/10 0.500000 0.500000 0.000000 -------- -------- -------- Totals $2.000000 $2.000000 $0.000000 ========= ========= ========= (1) Return of Capital
Of the total ordinary dividends paid during 2009, none are considered qualifying dividends for purposes of the 15% income tax rate as added by the 2003 Tax Act. The Company did not incur any foreign taxes. Should you need any additional information, please email your request to rjordan@pky.com or call Rita Jordan at (601) 948-4091.
Parkway Properties, Inc., a member of the S&P Small Cap 600 Index, is a self-administered real estate investment trust specializing in the operation, leasing, acquisition, and ownership of office properties. The Company is geographically focused on the Southeastern and Southwestern United States and Chicago. Parkway owns or has an interest in 65 office properties located in 11 states with an aggregate of approximately 13.4 million square feet of leasable space at January 12, 2010. Included in the portfolio are 21 properties totaling 3.9 million square feet that are owned jointly with other investors, representing 28.8% of the portfolio. Fee-based real estate services are offered through the Company's wholly-owned subsidiary, Parkway Realty Services, which also manages and/or leases approximately 1.3 million square feet for third-party owners at January 12, 2010.
Parkway Properties, Inc.'s press releases and additional information about the Company are available on the World Wide Web at http://www.pky.com/.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO ) CONTACT: J. MITCHELL COLLINS, CHIEF FINANCIAL OFFICER SARAH P. CLARK, SENIOR VICE PRESIDENT (601) 948-4091
Parkway Properties, Inc.
CONTACT: J. Mitchell Collins, Chief Financial Officer, Sarah P. Clark,
Senior Vice President, +1-601-948-4091
Web Site: http://www.pky.com/
