InvenTrust Properties Corp. Announces Tax Reporting Information For 2024 Distributions

Rhea-AI Summary

InvenTrust Properties (NYSE: IVT) has released its tax reporting information for 2024 distributions on its common stock. The company detailed four quarterly distributions totaling $0.894400 per share for 2024, with the following breakdown:

- Q1 (January): $0.215500 (partially allocated to 2024)
- Q2 (April): $0.226300
- Q3 (July): $0.226300
- Q4 (October): $0.226300

Of the total distributions, $0.756215 per share is classified as ordinary dividends, $0.035185 as return of capital, and $0.756215 qualifies as Section 199A dividends. For the December 2023 distribution, $0.103000 was reported in 2023, while $0.112500 is allocated to 2024.

Positive

• Consistent quarterly dividend payments throughout 2024
• Majority of distributions (84.6%) qualify as Section 199A dividends
• Small portion (3.9%) classified as return of capital, which is tax-advantaged for shareholders

Negative

• None.

DOWNERS GROVE, III.--(BUSINESS WIRE)-- InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced the tax reporting information for the 2024 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: IVT); CUSIP # 46124J201

Record Date	Payable Date	Total Distribution Per Share	Distribution Allocated to 2024	Total Ordinary Dividends	Return of Capital	Sec. 199A Dividends
12/28/2023	1/15/2024	$0.215500	$0.112500	$0.107498	0.005002	$0.107498
3/31/2024	4/15/2024	$0.226300	$0.226300	$0.216239	0.010061	$0.216239
6/30/2024	7/15/2024	$0.226300	$0.226300	$0.216239	0.010061	$0.216239
9/30/2024	10/15/2024	$0.226300	$0.226300	$0.216239	0.010061	$0.216239
Totals		$0.894400	$0.791400	$0.756215	0.035185	$0.756215

Please note, of the $0.215500 per share dividend for holders of record on December 28, 2023, and paid on January 15, 2024, $0.103000 was reported for income tax purposes in 2023 and the remaining $0.112500 is reported for the tax year 2024.

The information in this document represents the Company’s understanding of the U.S. federal income tax laws and regulations and does not constitute tax advice. It does not purport to be complete or to describe the consequences that may apply to particular categories of stockholders. Each stockholder is urged to consult their advisor as to the specific tax consequences of distributions to such stockholder, including the effect of any state, local, or non-U.S. tax laws, and of changes in applicable tax laws.

About InvenTrust Properties Corp.

InvenTrust Properties Corp. (“we,” the “Company,” “our,” “us,” "IVT" or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component. We pursue our business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance ("ESG") practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2013.

Availability of Information on InvenTrust Properties Corp.'s Website and Social Media Channels

Investors and others should note that InvenTrust routinely announces material information to investors and the marketplace using U.S. Securities and Exchange Commission filings, press releases, public conference calls, webcasts and the InvenTrust investor relations website. The Company uses these channels as well as social media channels (e.g., the InvenTrust Twitter account (twitter.com/inventrustprop); and the InvenTrust LinkedIn account (linkedin.com/company/inventrustproperties) as a means of disclosing information about the Company's business to our colleagues, investors, and the public. While not all of the information that the Company posts to the InvenTrust investor relations website or on the Company’s social media channels is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in InvenTrust to review the information that it shares on www.inventrustproperties.com/investor-relations and on the Company’s social media channels.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250120508392/en/

Investor Relations

Dan Lombardo

Vice President of Investor Relations

630-570-0605

dan.lombardo@inventrustproperties.com

Source: InvenTrust Properties Corp.

FAQ

What is the total dividend distribution per share for IVT in 2024?

InvenTrust Properties' total dividend distribution for 2024 is $0.894400 per share.

How much of IVT's 2024 distributions qualify as Section 199A dividends?

$0.756215 per share of IVT's 2024 distributions qualify as Section 199A dividends.

What is the return of capital amount in IVT's 2024 distributions?

The return of capital amount in IVT's 2024 distributions is $0.035185 per share.

How are IVT's quarterly dividend payments structured in 2024?

IVT's 2024 quarterly dividends are $0.215500 for Q1 (partially allocated), and $0.226300 for each of Q2, Q3, and Q4.

How is IVT's December 2023 dividend split between tax years?

Of the $0.215500 December 2023 dividend, $0.103000 was reported in 2023 and $0.112500 is reported in 2024.