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Parkway Provides Tax Treatment Of 2013 Dividends

ORLANDO, Fla., Jan. 24, 2014 /PRNewswire/ -- Parkway Properties, Inc. (NYSE: PKY) provided today the tax treatment for its 2013 distributions, as follows.

(Logo: http://photos.prnewswire.com/prnh/20030513/PARKLOGO )


Common Stock (CUSIP #70159Q10-4, ticker symbol PKY on the NYSE):

 



Total



Total

Unrecaptured


Record

Payment

Distribution

Ordinary

Qualified

Capital Gain

Section 1250

Nondividend

Date

Date

Per Share

Dividends

Dividends

Distribution

Gain (1)

Distributions (2)

03/13/13

03/27/13

$0.150000

$0.104163

$0.002266

$0.019504

$0.019504

$0.026333

06/12/13

06/26/13

0.150000

0.123667

0.002759

0.000000

0.000000

0.026333

09/11/13

09/25/13

0.150000

0.094056

0.002201

0.029611

0.029611

0.026333

12/12/13

12/26/13

0.187500

0.120562

0.002257

0.034023

0.034023

0.032915


Totals

$0.637500

$0.442448

$0.009483

$0.083138

$0.083138

$0.111914










 

 


Series D Preferred Stock (CUSIP #70159Q40-1, ticker symbol PKY PrD on the NYSE):

 



Total



Total

Unrecaptured


Record

Payment

Distribution

Ordinary

Qualified

Capital Gain

Section 1250

Nondividend

Date

Date

Per Share

Dividends

Dividends

Distribution

Gain (1)

Distributions (2)

03/28/13

04/15/13

$0.500000

$0.434985

$0.009462

$0.065015

$0.065015

$0.000000


04/25/13

0.133330

0.133330

0.002975

0.000000

0.000000

0.000000


Totals

$0.633330

$0.568315

$0.012437

$0.065015

$0.065015

$0.000000










 

(1)        Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain Distribution. 
(2)        Return of Capital

The Company did not incur any foreign taxes.  Stockholders are urged to consult with their tax advisors as to their specific tax treatment of Parkway Properties, Inc. common and preferred distributions. 

About Parkway Properties

Parkway Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust specializing in the acquisition, ownership and management of quality office properties in higher growth submarkets in the Sunbelt region of the United States. Parkway owns or has an interest in 50 office properties located in eight states with an aggregate of approximately 17.6 million square feet at January 1, 2014. Parkway also offers fee-based real estate services which manage and/or lease approximately 12.2 million square feet for third parties as of January 1, 2014. Additional information about Parkway is available on the company's website at www.pky.com.

Contact:
Ted McHugh
Director of Investor Relations
(407) 650-0593

SOURCE Parkway Properties, Inc.

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