SRC Overview

Dividend Tax Status Announcement: Realty Income Corporation has announced the final tax status for its 2024 common stock and preferred stock distributions, indicating that a portion of its common stock distributions are non-taxable, while Spirit Realty Capital's distributions are fully non-taxable.

Company Overview: Realty Income, known as "The Monthly Dividend Company," has a long history of providing dependable monthly dividends and is recognized as a member of the S&P 500 Dividend Aristocrats index for increasing dividends over 30 consecutive years.

New Board Appointments: Whitestone REIT has appointed Kristian M. Gathright and Donald A. Miller to its Board of Trustees, reflecting shareholder feedback and concluding a thorough search process. Both bring extensive real estate experience and will contribute to the company's growth strategy.

Board Restructuring: The appointments lead to the immediate departure of Nandita V. Berry and David F. Taylor from the Board, maintaining a total of six trustees, five of whom are independent, as the company aims to enhance shareholder returns through strategic oversight.