Washington Prime Group Inc. (NYSE:WPG) today announced the 2019 tax reporting information (Federal Form 1099) for distributions as shown below. The distributions relate to its common shares, Series H Cumulative Redeemable Preferred Shares of Beneficial Interest and Series I Cumulative Redeemable Preferred Shares of Beneficial Interest.
Amounts reported to Dividend Reinvestment and Stock Purchase Plan participants will differ due to administrative costs. Participants should refer to their Form 1099, which will be mailed no later than January 31, 2020. The taxability of the 2019 common stock distributions and the 2019 preferred stock distributions are not indicative of the taxability of future distributions.
Common Stock - Ticker Symbol: WPG
Record
|
Payable
|
Type of
|
CUSIP
|
Total
|
Ordinary
|
L-T Capital
|
Unrecap.
|
Non-
|
Liquidated
|
Section
|
03/04 /2019 | 03/15/2019 | Cash | 93964W108 | $0.250000 | $0.125027 | $0.124973 | $0.021790 | $0.000000 | $0.000000 | $0.125027 |
06/03/2019 | 06/17/2019 | Cash | 93964W108 | $0.250000 | $0.125027 | $0.124973 | $0.021790 | $0.000000 | $0.000000 | $0.125027 |
09/03/2019 | 09/16/2019 | Cash | 93964W108 | $0.250000 | $0.125027 | $0.124973 | $0.021790 | $0.000000 | $0.000000 | $0.125027 |
12/02/2019 | 12/16/2019 | Cash | 93964W108 | $0.250000 | $0.125027 | $0.124973 | $0.021790 | $0.000000 | $0.000000 | $0.125027 |
TOTAL | $1.000000 | $0.500108 | $0.499892 | $0.087160 | $0.000000 | $0.000000 | $0.500108 | |||
Preferred Stock - 7.5% Series H Preferred Shares - Ticker Symbol: WPG-H
Record
|
Payable
|
Type of
|
CUSIP
|
Total
|
Ordinary
|
L-T Capital
|
Unrecap.
|
Non-
|
Liquidated
|
Section
|
03/29/2019 | 04/15/2019 | Cash | 93964W207 | $0.468800 | $0.234450 | $0.234350 | $0.040861 | $0.000000 | $0.000000 | $0.234450 |
06/28/2019 | 07/15/2019 | Cash | 93964W207 | $0.468800 | $0.234450 | $0.234350 | $0.040861 | $0.000000 | $0.000000 | $0.234450 |
09/27/2019 | 10/15/2019 | Cash | 93964W207 | $0.468800 | $0.234450 | $0.234350 | $0.040861 | $0.000000 | $0.000000 | $0.234450 |
12/31/2019 | 01/15/2020 | Cash | 93964W207 | $0.468800 | $0.234450 | $0.234350 | $0.040861 | $0.000000 | $0.000000 | $0.234450 |
TOTAL | $1.875200 | $0.937800 | $0.937400 | $0.163444 | $0.000000 | $0.000000 | $0.937800 | |||
Preferred Stock - 6.875% Series I Preferred Shares - Ticker Symbol: WPG-I
Record
|
Payable
|
Type of
|
CUSIP
|
Total
|
Ordinary
|
L-T Capital
|
Unrecap.
|
Non-
|
Liquidated
|
Section
|
03/29/2019 | 04/15/2019 | Cash | 93964W306 | $0.429700 | $0.214896 | $0.214804 | $0.037453 | $0.000000 | $0.000000 | $0.214896 |
06/28/2019 | 07/15/2019 | Cash | 93964W306 | $0.429700 | $0.214896 | $0.214804 | $0.037453 | $0.000000 | $0.000000 | $0.214896 |
09/27/2019 | 10/15/2019 | Cash | 93964W306 | $0.429700 | $0.214896 | $0.214804 | $0.037453 | $0.000000 | $0.000000 | $0.214896 |
12/31/2019 | 01/15/2020 | Cash | 93964W306 | $0.429700 | $0.214896 | $0.214804 | $0.037453 | $0.000000 | $0.000000 | $0.214896 |
TOTAL | $1.718800 | $0.859584 | $0.859216 | $0.149812 | $0.000000 | $0.000000 | $0.859584 | |||
This press release is intended to serve as the written notice required by the Internal Revenue Code that the amounts in the “L-T Capital Gains” columns above are designated as Capital Gains Dividends.
Contacts
For additional information, contact Computershare Investor Services at 800.738.4931; or John Mills, Senior Director, Tax, Washington Prime Group, at 614.887.5910.
About Washington Prime Group
Washington Prime Group Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties. The Company combines a national real estate portfolio with its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S. Washington Prime Group® is a registered trademark of the Company. Learn more at www.washingtonprime.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200121006110/en/
Contacts:
John Mills, Senior Director, Tax, Washington Prime Group, 614.887.5910
