Camden Property Trust Announces Tax Characteristics of 2018 Distributions

Camden Property Trust (NYSE:CPT) announced today the income tax characteristics of its 2018 distributions paid to shareholders as they will be reported on Form 1099-DIV. The Company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Forms 1099 to their account holders. The final classifications of the distributions for 2018 are as follows:

Camden Property Trust “ Common Shares (CUSIP “ 133131102)

                                                     

Record

Date

   

Payment

Date

     

Total

Distribution

Per Share

     

Ordinary

Taxable

Dividends

     

Qualified Dividends(1)

     

Total Capital Gain Distribution

     

Section 199A Dividends(1)

03/30/18     04/17/18       $0.770000       $0.747060       $0.004724       $0.022940       $0.742336
06/29/18     07/17/18       $0.770000       $0.747060       $0.004724       $0.022940       $0.742336
09/28/18     10/17/18       $0.770000       $0.747060       $0.004724       $0.022940       $0.742336
12/17/18     01/17/19       $0.770000       $0.747060       $0.004724       $0.022940       $0.742336
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(1)These amounts are a subset of, and included in, the 2018 ordinary taxable dividends amount.

The tax treatment of these dividends by state and local authorities may vary from the federal treatment. Because federal and state tax laws affect taxpayers differently, the Company cannot advise shareholders how dividends should be reported on their tax returns. The Company encourages shareholders to consult their own tax advisors for the income tax consequences of the dividend payments outlined above.

In addition to historical information, this document contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates, and projections about the industry and markets in which Camden (the Company) operates, management’s beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict. Factors which may cause the Companys actual results or performance to differ materially from those contemplated by forward-looking statements are described under the heading Risk Factors in Camdens Annual Report on Form 10-K and in other filings with the Securities and Exchange Commission (SEC). Forward-looking statements made in this document represent managements opinions at the time of this publication, and the Company assumes no obligation to update or supplement these statements because of subsequent events.

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Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 161 properties containing 55,160 apartment homes across the United States. Upon completion of 6 properties currently under development, the Companys portfolio will increase to 56,858 apartment homes in 167 properties. Camden was recently named by FORTUNE Magazine for the eleventh consecutive year as one of the 100 Best Companies to Work For in America, ranking #24.

For additional information, please contact Camdens Investor Relations Department at (713) 354-2787 or access our website at camdenliving.com

Kim Callahan, 713-354-2549