KPMG report: Use of elective stock dividends by publicly offered REITs (COVID-19)

KPMG report: Use of elective stock dividends

The coronavirus (COVID-19) pandemic is causing uncertainty and changing the business environment for the real estate investment trust (REIT) industry.


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The IRS on May 4, 2020, released Rev. Proc. 2020-19 providing temporary relief to some REITs using an elective stock dividend.

Read a May 2020 report [PDF 81 KB] prepared by KPMG LLP: What’s News in Tax: The Use of Elective Stock Dividends by a Publicly Offered REIT—What to Consider

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