SITE Centers (NYSE: SITC) today announced the tax allocations of 2019 distributions on its common shares and three series of preferred shares.
For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2019 distributions. The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2019 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.
Please note that the January 4, 2019 common share distribution is included in the tax allocations for 2019 and the January 7, 2020 common share distribution will be included in the tax allocations for 2020.
Common Shares (NYSE:SITC)
Period | CUSIP | Record
| Payable
| Ordinary
| Total
| Return
| Total
| Section
| Unrecaptured
|
4Q18 | 82981J109 | 12/14/2018 | 01/04/2019 | 0.107527 | 0.000000 | 0.092473 | 0.200000 | 0.107527 | 0.000000 |
1Q19 | 82981J109 | 03/15/2019 | 04/02/2019 | 0.107527 | 0.000000 | 0.092473 | 0.200000 | 0.107527 | 0.000000 |
2Q19 | 82981J109 | 06/12/2019 | 07/02/2019 | 0.107527 | 0.000000 | 0.092743 | 0.200000 | 0.107527 | 0.000000 |
3Q19 | 82981J109 | 09/23/2019 | 10/08/2019 | 0.107527 | 0.000000 | 0.092743 | 0.200000 | 0.107527 | 0.000000 |
Total | 0.430108 | 0.000000 | 0.369892 | 0.800000 | 0.430108 | 0.000000 |
Preferred Class A Depositary Shares (NYSE:SITC_pa)
Period | CUSIP | Record
| Payable
| Ordinary
| Total
| Return
| Total
| Section
| Unrecaptured
|
01/15/19 – 04/14/19 | 82981J877 | 03/29/2019 | 04/15/2019 | 0.398440 | 0.000000 | 0.000000 | 0.398440 | 0.398440 | 0.000000 |
04/15/19– 07/14/19 | 82981J877 | 06/28/2019 | 07/15/2019 | 0.398440 | 0.000000 | 0.000000 | 0.398440 | 0.398440 | 0.000000 |
07/15/19 – 10/14/19 | 82981J877 | 09/27/2019 | 10/15/2019 | 0.398440 | 0.000000 | 0.000000 | 0.398440 | 0.398440 | 0.000000 |
10/15/19 – 01/14/20 | 82981J877 | 12/27/2019 | 01/15/2020 | 0.398440 | 0.000000 | 0.000000 | 0.398440 | 0.398440 | 0.000000 |
Total | 1.593760 | 0.000000 | 0.000000 | 1.593760 | 1.593760 | 0.000000 |
Preferred Class J Depositary Shares (NYSE:SITC_pj)
Period | CUSIP | Record
| Payable
| Ordinary
| Total
| Return
| Total
| Section
| Unrecaptured
|
01/15/19 – 04/14/19 | 82981J604 | 03/29/2019 | 04/15/2019 | 0.406250 | 0.000000 | 0.000000 | 0.406250 | 0.406250 | 0.000000 |
04/15/19 – 07/14/19 | 82981J604 | 06/28/2019 | 07/15/2019 | 0.406250 | 0.000000 | 0.000000 | 0.406250 | 0.406250 | 0.000000 |
07/15/19 – 10/14/19 | 82981J604 | 09/27/2019 | 10/15/2019 | 0.406250 | 0.000000 | 0.000000 | 0.406250 | 0.406250 | 0.000000 |
10/15/19 – 11/24/19 | 82981J604 | 11/25/2019 | 11/25/2019 | 0.189600 | 0.000000 | 0.000000 | 0.189600 | 0.189600 | 0.000000 |
Total | 1.408350 | 0.000000 | 0.000000 | 1.408350 | 1.408350 | 0.000000 |
Preferred Class K Depositary Shares (NYSE:SITC_pk)
Period | CUSIP | Record
| Payable
| Ordinary
| Total
| Return
| Total
| Section
| Unrecaptured
|
01/15/19 – 04/14/19 | 82981J802 | 03/29/2019 | 04/15/2019 | 0.390630 | 0.000000 | 0.000000 | 0.390630 | 0.390630 | 0.000000 |
04/15/19 – 07/14/19 | 82981J802 | 06/28/2019 | 07/15/2019 | 0.390630 | 0.000000 | 0.000000 | 0.390630 | 0.390630 | 0.000000 |
07/15/19 – 10/14/19 | 82981J802 | 09/27/2019 | 10/15/2019 | 0.390630 | 0.000000 | 0.000000 | 0.390630 | 0.390630 | 0.000000 |
10/15/19 – 01/14/20 | 82981J802 | 12/27/2019 | 01/15/2020 | 0.390630 | 0.000000 | 0.000000 | 0.390630 | 0.390630 | 0.000000 |
Total | 1.562520 | 0.000000 | 0.000000 | 1.562520 | 1.562520 | 0.000000 |
(1) Represents a return of stockholders’ original investment |
About SITE Centers Corp.
SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.
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