BRIXMOR PROPERTY GROUP ANNOUNCES TAX REPORTING INFORMATION FOR 2022 DISTRIBUTIONS

Rhea-AI Summary

Brixmor Property Group announced tax reporting information for its 2022 common stock distributions. Shareholders will receive a total distribution of $0.9600 per share, with $0.2400 distributed quarterly. Key dates include: Ex-Dividend Dates (Jan 4, Apr 4, Jul 1, Oct 3, 2022), Record Dates (Jan 5, Apr 5, Jul 5, Oct 4, 2022), and Payable Dates (Jan 18, Apr 18, Jul 15, Oct 17, 2022). All ordinary dividends will be classified as such, with no capital gain distributions or return of capital. Brixmor, a publicly traded REIT, operates 378 shopping centers across the U.S.

Positive

• Total distribution of $0.9600 per share indicates consistent dividend payments.
• Quarterly distribution of $0.2400 shows strong commitment to shareholder returns.

Negative

• None.

NEW YORK, Jan. 17, 2023 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today the tax reporting information for the 2022 distributions on its common stock.  The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows:

COMMON SHARES (NYSE: BRX); CUSIP # 11120U105

Ex-Dividend Date	Record Date	Payable Date	Total Distribution Per Share	Total Ordinary Dividends	Total Capital Gain Distributions	Unrecaptured Sec.1250 Gain (1)	Return of Capital	Section 199A Dividends
1/04/22	1/05/22	1/18/22	$0.2400	$0.2400	$0.0000	$0.0000	$0.0000	$0.2400
4/04/22	4/05/22	4/18/22	$0.2400	$0.2400	$0.0000	$0.0000	$0.0000	$0.2400
7/01/22	7/05/22	7/15/22	$0.2400	$0.2400	$0.0000	$0.0000	$0.0000	$0.2400
10/03/22	10/04/22	10/17/22	$0.2400	$0.2400	$0.0000	$0.0000	$0.0000	$0.2400
		Totals	$0.9600	$0.9600	$0.0000	$0.0000	$0.0000	$0.9600

(1) Represents additional characterization of amounts included in Total Capital Gain Distributions.

CONNECT WITH BRIXMOR

• For additional information, please visit https://www.brixmor.com;
• Follow Brixmor on:
• Twitter at https://www.twitter.com/Brixmor
• Facebook at https://www.facebook.com/Brixmor
• Instagram at https://www.instagram.com/brixmorpropertygroup
• YouTube at https://www.youtube.com/user/Brixmor; and
• Find Brixmor on LinkedIn at https://www.linkedin.com/company/brixmor.

ABOUT BRIXMOR PROPERTY GROUP

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 378 retail centers comprise approximately 67 million square feet of prime retail space in established trade areas.  The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers.  Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.

Brixmor announces material information to its investors in SEC filings and press releases and on public conference calls, webcasts and the "Investors" page of its website at https://www.brixmor.com. The Company also uses social media to communicate with its investors and the public, and the information Brixmor posts on social media may be deemed material information. Therefore, Brixmor encourages investors and others interested in the Company to review the information that it posts on its website and on its social media channels.

SAFE HARBOR LANGUAGE

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to the Company's expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "projects," "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, including those described under the sections entitled "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. 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 Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

 

 

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SOURCE Brixmor Property Group Inc.

FAQ

What is the total distribution amount announced by Brixmor for 2022?

Brixmor announced a total distribution of $0.9600 per share for 2022.

When was the ex-dividend date for Brixmor's January 2022 distribution?

The ex-dividend date for Brixmor's January 2022 distribution was January 4, 2022.

What were the record and payable dates for Brixmor's April 2022 distribution?

The record date was April 5, 2022, and the payable date was April 18, 2022.

How does Brixmor classify its total ordinary dividends for 2022?

Brixmor classifies its total ordinary dividends as ordinary dividends, with no capital gain distributions.

What is the ticker symbol for Brixmor Property Group?

The ticker symbol for Brixmor Property Group is BRX.