Blackstone Mortgage Trust Announces Tax Treatment Of 2016 Dividends

PR Newswire

NEW YORK, Jan. 27, 2017 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2016 common stock dividends. The following table summarizes Blackstone Mortgage Trust's class A common stock dividend payments for the tax year ended December 31, 2016:


Record	Payment	Cash			Ordinary	Qualified	Capital Gain
Date	Date	Distribution	Adjustment	Dividend⁽¹⁾	Dividends	Dividends	Dividends

12/31/2015	1/15/2016	$ 0.00	$ 0.06	$ 0.06⁽²⁾	$0.055663	$0.000000	$0.004337
3/31/2016	4/15/2016	$ 0.62	$ 0.00	$ 0.62	$0.575180	$0.000000	$0.044820
6/30/2016	7/15/2016	$ 0.62	$ 0.00	$ 0.62	$0.575180	$0.000000	$0.044820
9/30/2016	10/14/2016	$ 0.62	$ 0.00	$ 0.62	$0.575180	$0.000000	$0.044820
12/30/2016	1/13/2017	$ 0.62	$ 0.00	$ 0.62	$0.575180	$0.000000	$0.044820

		$ 2.48	$ 0.06	$ 2.54	$2.356383	$0.000000	$0.183617

(1) Pursuant to IRC Section 857(b)(9), cash distributions made on January 15, 2016 with a record date of December 31, 2015 are treated as received by shareholders on December 31, 2015 to the extent of 2015 earnings and profits. Similarly, cash distributions made on January 13, 2017 with a record date of December 30, 2016 are treated as received by shareholders on December 30, 2016 to the extent of 2016 earnings and profits.

(2) As the Company's aggregate 2015 cash distributions exceeded its 2015 earnings and profits, a portion of the January 2016 cash distribution declared in the fourth quarter of 2015 was treated as a 2016 distribution for federal income tax purposes and not included on the 2015 Form 1099. If you were a stockholder of record as of December 31, 2015, $0.56 was reported on your 2015 Form 1099 and $0.06 is reported on your 2016 Form 1099.

About Blackstone Mortgage Trust
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) is a real estate finance company that originates and acquires senior loans collateralized by properties in North America and Europe. BXMT is a real estate investment trust headquartered in New York City and is externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone. Further information is available at www.bxmt.com.

About Blackstone
Blackstone (NYSE:BX) is one of the world's leading investment firms. Blackstone seeks to create positive economic impact and long-term value for its investors, the companies it invests in, and the communities in which it works. Blackstone does this by using extraordinary people and flexible capital to help companies solve problems. Blackstone's asset management businesses, with over $360 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

Forward-looking Statements
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect Blackstone Mortgage Trust's current views with respect to, among other things, Blackstone Mortgage Trust's operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "indicator," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Blackstone Mortgage Trust believes these factors include but are not limited to those described under the section entitled "Risk Factors" in its Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2016, as such factors may be updated from time to time in its periodic filings with the Securities and Exchange Commission ("SEC") which are accessible on the SEC's website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the filings. Blackstone Mortgage Trust assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events or circumstances.