CEDAR REALTY TRUST ANNOUNCES TAX INFORMATION FOR 2021 DISTRIBUTIONS

Rhea-AI Summary

Cedar Realty Trust (NYSE: CDR) reported federal income tax treatment for 2021 distributions to shareholders. Common stock shareholders received a total dividend of $0.264 per share, paid quarterly at $0.066. Series B preferred shareholders received a total of $1.8125 per share, also distributed quarterly at $0.453125. Series C preferred stockholders received $1.625 per share over four distributions, each $0.40625. Shareholders are advised to consult tax advisors regarding the specific treatment of these dividends. All reported amounts are categorized as ordinary dividends with no capital gains.

Positive

• Consistent dividend payments to common and preferred shareholders demonstrate financial stability.
• 2021 total dividend for common stock is $0.264, preferred Series B is $1.8125, and Series C is $1.625.

Negative

• None.

MASSAPEQUA, N.Y., Jan. 21, 2022 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) today announced the federal income tax treatment of its 2021 distributions to the holders of its common and preferred shares

Common Stock					Symbol: CDR						CUSIP: 150602209
				Total						Section
				Distribution		Ordinary		Capital Gain		199A		Unrecaptured
Record Date		Payable Date		Per Share		Dividend		Dividend (1) (2)		Dividends		Section 1250 Gain (3)
2/10/2021		2/22/2021		$0.066000		$0.000000		$0.066000		$0.000000		$0.066000
5/10/2021		5/20/2021		$0.066000		$0.000000		$0.066000		$0.000000		$0.066000
8/10/2021		8/20/2021		$0.066000		$0.000000		$0.066000		$0.000000		$0.066000
11/12/2021		11/22/2021		$0.066000		$0.000000		$0.066000		$0.000000		$0.066000
Totals				$0.264000		$0.000000		$0.264000		$0.000000		$0.264000
Series B Preferred Stock					Symbol: CDR-PB						CUSIP: 150602407
				Total						Section
				Distribution		Ordinary		Capital Gain		199A		Unrecaptured
Record Date		Payable Date		Per Share		Dividends		Dividend (1) (2)		Dividends		Section 1250 Gain (3)
2/10/2021		2/22/2021		$0.453125		$0.000000		$0.453125		$0.000000		$0.453125
5/10/2021		5/20/2021		$0.453125		$0.000000		$0.453125		$0.000000		$0.453125
8/10/2021		8/20/2021		$0.453125		$0.000000		$0.453125		$0.000000		$0.453125
11/12/2021		11/22/2021		$0.453125		$0.000000		$0.453125		$0.000000		$0.453125
Totals				$1.812500		$0.000000		$1.812500		$0.000000		$1.812500
Series C Preferred Stock					Symbol: CDR-PC						CUSIP: 1506025063
				Total						Section
				Distribution		Ordinary		Capital Gain		199A		Unrecaptured
Record Date		Payable Date		Per Share		Dividends		Dividend (1) (2)		Dividends		Section 1250 Gain (3)
2/10/2021		2/22/2021		$0.406250		$0.000000		$0.406250		$0.000000		$0.406250
5/10/2021		5/20/2021		$0.406250		$0.000000		$0.406250		$0.000000		$0.406250
8/10/2021		8/20/2021		$0.406250		$0.000000		$0.406250		$0.000000		$0.406250
11/12/2021		11/22/2021		$0.406250		$0.000000		$0.406250		$0.000000		$0.406250
Totals				$1.625000		$0.000000		$1.625000		$0.000000		$1.625000

Shareholders are advised to consult their tax advisor about the specific tax treatment of 2021 dividends.

⁽¹⁾ Pursuant to Treasury Regulation §1.1061-6(c), Cedar Realty Trust is disclosing additional information related to the Capital Gain Dividends for purposes of Section 1061.  Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interest".  The "One Year Amounts" and "Three Year Amounts" required to be disclosed are both zero with respect to the 2021 distributions, since all Capital Gain Dividends relate to Section 1231 gains.   

⁽²⁾ The Section 897 Capital Gain amount is equal to the Capital Gain Dividend amount.

⁽³⁾ The amount reported as Unrecaptured Section 1250 Gain is a subset of, and is included in, the Capital Gain Dividend.

About Cedar Realty Trust

Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership, operation and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The Company's portfolio (excluding properties treated as "held for sale") comprises 53 properties, with approximately 7.6 million square feet of gross leasable area.

For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at www.cedarrealtytrust.com.

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SOURCE Cedar Realty Trust, Inc.

FAQ

What were the 2021 dividends for Cedar Realty Trust common stock (CDR)?

The 2021 dividends for Cedar Realty Trust common stock totaled $0.264 per share, paid quarterly at $0.066.

How much did Cedar Realty Trust pay in dividends for Series B preferred stock (CDR-PB) in 2021?

Cedar Realty Trust paid a total of $1.8125 per share in dividends for Series B preferred stock in 2021.

What is the total dividend amount for Cedar Realty Trust Series C preferred stock (CDR-PC) for 2021?

The total dividend amount for Cedar Realty Trust Series C preferred stock in 2021 was $1.625 per share.

When were the dividends for Cedar Realty Trust paid in 2021?

Dividends for Cedar Realty Trust were paid quarterly on 2/22/2021, 5/20/2021, 8/20/2021, and 11/22/2021.

What tax treatment applies to Cedar Realty Trust's 2021 dividends?

Cedar Realty Trust's 2021 dividends are treated as ordinary dividends with no capital gains, and shareholders should consult tax advisors for specifics.