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CBL Properties Announces Tax Reporting Information for Common Stock Dividends

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CBL Properties (NYSE:CBL) has released its tax reporting information for 2024 common stock distributions. The company paid quarterly dividends of $0.40 per share, totaling $1.60 for the year. The distributions were characterized as follows: 88.857% as ordinary dividends, 1.153% as qualified dividends, 8.610% as capital gain distribution, and 2.533% as non-dividend distribution. Under Section 199A, 87.833% of the dividends are eligible for a 20% deduction for eligible taxpayers.

The dividends were paid on March 29, June 28, September 30, and December 11, 2024, with corresponding record dates of March 15, June 13, September 13, and November 25, 2024.

CBL Properties (NYSE:CBL) ha pubblicato le informazioni fiscali relative alle distribuzioni di azioni ordinarie per il 2024. L’azienda ha distribuito dividendi trimestrali di $0,40 per azione, per un totale di $1,60 per l’anno. Le distribuzioni sono state caratterizzate come segue: 88,857% come dividendi ordinari, 1,153% come dividendi qualificati, 8,610% come distribuzione di guadagni in capitale e 2,533% come distribuzione non di dividendi. Ai sensi della Sezione 199A, 87,833% dei dividendi sono idonei per una detrazione del 20% per i contribuenti idonei.

I dividendi sono stati pagati il 29 marzo, il 28 giugno, il 30 settembre e l'11 dicembre 2024, con le rispettive date di registrazione del 15 marzo, 13 giugno, 13 settembre e 25 novembre 2024.

CBL Properties (NYSE:CBL) ha publicado su información fiscal sobre las distribuciones de acciones comunes para 2024. La compañía pagó dividendos trimestrales de $0,40 por acción, totalizando $1,60 para el año. Las distribuciones se caracterizaron de la siguiente manera: 88,857% como dividendos ordinarios, 1,153% como dividendos calificados, 8,610% como distribución de ganancias de capital, y 2,533% como distribución no dividendos. Bajo la Sección 199A, 87,833% de los dividendos son elegibles para una deducción del 20% para contribuyentes calificados.

Los dividendos se pagaron el 29 de marzo, el 28 de junio, el 30 de septiembre y el 11 de diciembre de 2024, con fechas de registro correspondientes del 15 de marzo, 13 de junio, 13 de septiembre y 25 de noviembre de 2024.

CBL Properties (NYSE:CBL)는 2024년 보통주 배당금에 대한 세금 보고 정보를 발표했습니다. 이 회사는 분기마다 주당 $0.40의 배당금을 지급하여 연간 총 $1.60이 되었습니다. 배당금은 다음과 같이 특징 지어졌습니다: 88.857%는 일반 배당금, 1.153%는 자격 있는 배당금, 8.610%는 자본 이득 분배, 2.533%는 비배당 분배로 분류됩니다. 섹션 199A에 따라, 87.833%의 배당금은 적격 세금 납부자를 위한 20% 공제의 대상이 됩니다.

배당금은 2024년 3월 29일, 6월 28일, 9월 30일, 12월 11일에 지급되었으며, 각 배당금 지급의 기준일은 2024년 3월 15일, 6월 13일, 9월 13일, 11월 25일입니다.

CBL Properties (NYSE:CBL) a publié ses informations fiscales concernant les distributions d'actions ordinaires pour 2024. La société a versé des dividendes trimestriels de 0,40 $ par action, totalisant 1,60 $ pour l'année. Les distributions étaient caractérisées comme suit: 88,857% en tant que dividendes ordinaires, 1,153% en tant que dividendes qualifiés, 8,610% en tant que distribution de gains en capital, et 2,533% en tant que distribution non-dividende. En vertu de la Section 199A, 87,833% des dividendes sont éligibles pour une déduction de 20% pour les contribuables éligibles.

Les dividendes ont été versés le 29 mars, le 28 juin, le 30 septembre et le 11 décembre 2024, avec des dates d'enregistrement correspondantes le 15 mars, le 13 juin, le 13 septembre et le 25 novembre 2024.

CBL Properties (NYSE:CBL) hat seine steuerlichen Informationen zu den Auszahlungen von Stammaktien für 2024 veröffentlicht. Das Unternehmen zahlte vierteljährliche Dividenden von 0,40 $ pro Aktie, was insgesamt 1,60 $ für das Jahr ausmacht. Die Auszahlungen wurden wie folgt kategorisiert: 88,857% als ordentliche Dividenden, 1,153% als qualifizierte Dividenden, 8,610% als Kapitalgewinnausschüttung und 2,533% als nicht Dividenden Ausschüttung. Nach Abschnitt 199A sind 87,833% der Dividenden für eine 20%ige Absetzung für berechtigte Steuerzahler geeignet.

Die Dividenden wurden am 29. März, 28. Juni, 30. September und 11. Dezember 2024 ausgezahlt, mit den entsprechenden Recorddaten am 15. März, 13. Juni, 13. September und 25. November 2024.

Positive
  • Consistent quarterly dividend payments of $0.40 per share throughout 2024
  • Total annual dividend distribution of $1.60 per share
  • 87.833% of dividends qualify for Section 199A 20% tax deduction
Negative
  • None.

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced tax reporting (Federal 1099) information for the 2024 distributions on its Common stock.

The following table summarizes the nature of these cash distributions per share and provides the appropriate Form 1099-DIV box number:

CBL & Associates Properties, Inc., Common Stock
CUSIP# 124830-878
NYSE: CBL

Record

Date

Payable

Date

Distribution
Per Share

2024 Ordinary
Dividends
(Box 1a)

2024 Qualified
Dividends
Included In
Box 1a
(Box 1b)

2024

Capital Gain
Distribution
(Box 2a)

2024

Non-Dividend
Distribution
(Box 3)

Section 199A
Dividends
(Box 5) (1)

 

03/15/2024

03/29/2024

$0.40

$0.3884934

$0.0000000

$0.0000000

$0.0115066

$0.3884934

06/13/2024

06/28/2024

$0.40

$0.3884934

$0.0000000

$0.0000000

$0.0115066

$0.3884934

09/13/2024

09/30/2024

$0.40

$0.3884934

$0.0000000

$0.0000000

$0.0115066

$0.3884934

11/25/2024

12/11/2024

$0.40

$0.2562391

$0.0163903

$0.1377561

$0.0060048

$0.2398488

Totals

$1.60

$1.4217193

$0.0163903

$ 0.1377561

$0.0405246

$1.4053290

Percentage

 

88.857%

1.153%

8.610%

2.533%

87.833%

(1)

Under Section 199A, REIT dividends are eligible for a 20% deduction when received by eligible taxpayers. Please consult your tax advisor for proper tax treatment of the dividend distribution. These amounts are a subset of, and included in, the amounts in Box 1a.

No Alternative Minimum Taxable Income adjustment is included in the current year for the recipients of the above distributions.

Section 1061 Disclosure

Pursuant to Treas. Reg. § 1.1061-6(c), CBL Properties is disclosing below two additional amounts related to the capital gain dividends reported in Form 1099-DIV Box 2a, Total Capital Gain Distr. for purposes of section 1061 of the Internal Revenue Code. Section 1061 is generally applicable to direct and indirect holders of “applicable partnership interests.”

Record

Date

Payable

Date

Section 1061
One-Year
Amount
Disclosure Per
Share (1)

Section 1061
Three-Year
Amount
Disclosure Per
Share (1)

03/15/2024

03/29/2024

$0.0000000

$0.0000000

06/13/2024

06/28/2024

$0.0000000

$0.0000000

09/13/2024

09/30/2024

$0.0000000

$0.0000000

11/25/2024

12/11/2024

$0.1377561

$0.1377561

Totals

$0.1377561

$0.1377561

(1)

Represents the amount per share to be reported in Box 2a applicable to the One-Year and Three-Year amounts.

Supplementary Information for Non-U.S. Shareholders:

Record

Date

Payable

Date

Section 897
Ordinary
Dividends
(Box 2e) (1)

Section 897
Capital Gain
(Box 2f) (1)

03/15/2024

03/29/2024

$0.0000000

$0.0000000

06/13/2024

06/28/2024

$0.0000000

$0.0000000

09/13/2024

09/30/2024

$0.0000000

$0.0000000

11/25/2024

12/11/2024

$0.0535016

$0.1377561

Totals

$0.0535016

$0.1377561

(1)

Represent the amount per share to be reported in Box 2e and 2f on Form 1099-DIV.

This information represents FINAL income allocations.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s owned and managed portfolio is comprised of 91 properties totaling 57.7 million square feet across 21 states, including 55 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

Information included herein contains "forward-looking statements" within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company's various filings with the Securities and Exchange Commission, including without limitation the Company's Annual Report on Form 10-K, and the "Management's Discussion and Analysis of Financial Condition and Results of Operations" included therein, for a discussion of such risks and uncertainties.

CBL_CORP

Investor Contact: Katie Reinsmidt, EVP & Chief Operating Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com

Source: CBL Properties

FAQ

What is CBL Properties' total dividend distribution for 2024?

CBL Properties distributed a total of $1.60 per share in dividends during 2024, paid in four quarterly installments of $0.40 each.

What percentage of CBL's 2024 dividends qualifies for Section 199A deduction?

87.833% of CBL's 2024 dividends qualify for the Section 199A 20% tax deduction for eligible taxpayers.

When were CBL's quarterly dividends paid in 2024?

CBL's dividends were paid on March 29, June 28, September 30, and December 11, 2024.

How are CBL's 2024 dividends characterized for tax purposes?

CBL's 2024 dividends are characterized as 88.857% ordinary dividends, 1.153% qualified dividends, 8.610% capital gain distribution, and 2.533% non-dividend distribution.

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