Kite Realty Group Announces Tax Reporting Information for 2024 Dividend Distributions
Kite Realty Group (NYSE: KRG) has disclosed its 2024 dividend distribution tax reporting details. The company distributed a total of $1.01 per share throughout 2024, with quarterly payments of $0.25 for the first three quarters and $0.26 for the fourth quarter.
The distributions were classified as: 96.36% ordinary dividends ($0.97328) and 3.64% capital gain distributions ($0.03672). The ordinary dividends qualify for the 20% qualified business income deduction under Section 199A of the Internal Revenue Code for non-corporate taxpayers.
KRG operates as a REIT specializing in open-air shopping centers and mixed-use assets, with a portfolio comprising 179 U.S. properties totaling approximately 27.7 million square feet of gross leasable space as of September 30, 2024.
Kite Realty Group (NYSE: KRG) ha reso noti i dettagli per la segnalazione fiscale delle distribuzioni di dividendi per il 2024. L'azienda ha distribuito un totale di $1,01 per azione durante il 2024, con pagamenti trimestrali di $0,25 per i primi tre trimestri e $0,26 per il quarto trimestre.
Le distribuzioni sono state classificate come: 96,36% dividendi ordinari ($0,97328) e 3,64% distribuzioni di guadagni di capitale ($0,03672). I dividendi ordinari si qualificano per la deduzione del 20% sul reddito d'impresa qualificato ai sensi della Sezione 199A del Codice delle Entrate per i contribuenti non aziendali.
KRG opera come un REIT specializzato in centri commerciali all'aperto e beni a uso misto, con un portafoglio che comprende 179 proprietà negli Stati Uniti per un totale di circa 27,7 milioni di piedi quadrati di spazio locabile lordo al 30 settembre 2024.
Kite Realty Group (NYSE: KRG) ha divulgado los detalles de la distribución de dividendos para la declaración fiscal de 2024. La empresa distribuyó un total de $1.01 por acción a lo largo de 2024, con pagos trimestrales de $0.25 para los primeros tres trimestres y $0.26 para el cuarto trimestre.
Las distribuciones se clasificaron como: 96.36% dividendos ordinarios ($0.97328) y 3.64% distribuciones de ganancias de capital ($0.03672). Los dividendos ordinarios califican para una deducción del 20% en el ingreso empresarial calificado bajo la Sección 199A del Código de Rentas Internas para contribuyentes no corporativos.
KRG opera como un REIT especializado en centros comerciales al aire libre y activos de uso mixto, con una cartera que abarca 179 propiedades en EE. UU., totalizando aproximadamente 27.7 millones de pies cuadrados de espacio bruto alquilable a partir del 30 de septiembre de 2024.
Kite Realty Group (NYSE: KRG)는 2024년 배당금 분배 세금 보고 세부 정보를 공개했습니다. 이 회사는 2024년 동안 총 주당 $1.01를 분배했으며, 첫 세 분기에는 $0.25, 네 번째 분기에는 $0.26의 분기별 지급을 하였습니다.
분배는 다음과 같이 분류되었습니다: 96.36% 일반 배당금 ($0.97328) 및 3.64% 자본 이익 분배 ($0.03672). 일반 배당금은 비법인 세금 납부자에게 적용 가능한 199A 조항에 따른 20% 자격 있는 사업 소득 공제를 받을 수 있습니다.
KRG는 야외 쇼핑 센터와 복합 용도 자산을 전문으로 하는 REIT로 운영되며, 2024년 9월 30일 기준으로 약 27.7백만 평방 피트의 총 임대 가능 면적을 가진 179개의 미국 자산으로 구성된 포트폴리오를 보유하고 있습니다.
Kite Realty Group (NYSE: KRG) a divulgué les détails concernant la déclaration fiscale de la distribution de dividendes pour 2024. La société a distribué un total de 1,01 $ par action tout au long de 2024, avec des paiements trimestriels de 0,25 $ pour les trois premiers trimestres et de 0,26 $ pour le quatrième trimestre.
Les distributions ont été classées comme suit : 96,36 % dividendes ordinaires (0,97328 $) et 3,64 % distributions de gains en capital (0,03672 $). Les dividendes ordinaires sont éligibles pour une déduction de 20 % pour le revenu d'entreprise qualifié selon la section 199A du Code des impôts pour les contribuables non corporatifs.
KRG opère en tant que REIT spécialisé dans les centres commerciaux en plein air et les actifs à usage mixte, avec un portefeuille comprenant 179 propriétés aux États-Unis, totalisant environ 27,7 millions de pieds carrés d'espace locatif brut au 30 septembre 2024.
Kite Realty Group (NYSE: KRG) hat die Einzelheiten zur steuerlichen Behandlung der Dividendenausschüttungen für 2024 offengelegt. Das Unternehmen hat im Jahr 2024 insgesamt 1,01 $ pro Aktie ausgeschüttet, wobei die quartalsweisen Zahlungen in den ersten drei Quartalen 0,25 $ und im vierten Quartal 0,26 $ betrugen.
Die Ausschüttungen wurden klassifiziert als: 96,36% ordentliche Dividenden (0,97328 $) und 3,64% Kapitalgewinnausschüttungen (0,03672 $). Die ordentlichen Dividenden sind für den 20 % Abzug des qualifizierten Geschäftseinkommens gemäß Abschnitt 199A des Einkommensteuergesetzes für nicht-korporierte Steuerzahler qualifiziert.
KRG wirkt als REIT, das auf Freiluft-Einkaufszentren und Mischimmobilien spezialisiert ist, mit einem Portfolio von 179 US-Objekten und einer Gesamtfläche von etwa 27,7 Millionen Quadratfuß vermietbarer Fläche zum 30. September 2024.
- Increased dividend in Q4 2024 to $0.26 from $0.25 per share
- Consistent quarterly dividend payments throughout 2024
- 96.36% of distributions qualify for Section 199A tax deduction
- None.
INDIANAPOLIS, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG) announced today the allocations of the Company's 2024 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:
| Common Shares | |||||||||||||||||||||
| CUSIP | Record Date | Payable Date | Total Distribution per Share | Ordinary Dividend | Capital Gain Distribution | Non-Taxable Distribution 1 | Section 199A Dividends 2 | ||||||||||||||
| 49803T300 | 1/5/2024 | 1/12/2024 | $ | 0.25 | $ | 0.24091 | $ | 0.00909 | $ | 0.00000 | $ | 0.24091 | |||||||||
| 49803T300 | 4/5/2024 | 4/12/2024 | 0.25 | 0.24091 | $ | 0.00909 | 0.00000 | 0.24091 | |||||||||||||
| 49803T300 | 7/9/2024 | 7/16/2024 | 0.25 | 0.24091 | $ | 0.00909 | 0.00000 | 0.24091 | |||||||||||||
| 49803T300 | 10/9/2024 | 10/16/2024 | 0.26 | 0.25055 | 0.00945 | 0.00000 | 0.25055 | ||||||||||||||
| $ | 1.01 | $ | 0.97328 | $ | 0.03672 | $ | 0.00000 | $ | 0.97328 | ||||||||||||
| 96.36 | % | 3.64 | % | ||||||||||||||||||
- Represents a return of stockholders’ original investment
- Represents qualified REIT dividends that may be eligible for the
20% qualified business income deduction under Section 199A of the Internal Revenue Code of 1986, as amended, that is available for non-corporate taxpayers and is included in “Ordinary Dividends”.
About Kite Realty Group
Kite Realty Group Trust (NYSE: KRG), a real estate investment trust (REIT), is a premier owner and operator of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt and select strategic gateway markets. The combination of necessity-based neighborhood and community centers, along with vibrant mixed-use assets, makes the KRG portfolio an ideal platform for both retailers and consumers. Publicly listed since 2004, KRG has over 60 years of experience in developing, constructing, and operating real estate. Using operational, investment, development, and redevelopment expertise, KRG continuously optimizes its portfolio to maximize value and return to shareholders. As of September 30, 2024, the Company owned interests in 179 U.S. open-air shopping centers and mixed-use assets, comprising approximately 27.7 million square feet of gross leasable space. For more information, please visit www.kiterealty.com.
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Safe Harbor
This release, together with other statements and information publicly disseminated by us, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934. Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, performance, transactions or achievements, financial or otherwise, may differ materially from the results, performance, transactions or achievements, financial or otherwise, expressed or implied by the forward-looking statements.
Risks, uncertainties and other factors that might cause such differences, some of which could be material, include but are not limited to: economic, business, banking, real estate and other market conditions, particularly in connection with low or negative growth in the U.S. economy as well as economic uncertainty (including a potential economic slowdown or recession, rising interest rates, inflation, unemployment, or limited growth in consumer income or spending); financing risks, including the availability of, and costs associated with, sources of liquidity; the Company’s ability to refinance, or extend the maturity dates of, the Company’s indebtedness; the level and volatility of interest rates; the financial stability of the Company’s tenants; the competitive environment in which the Company operates, including potential oversupplies of, or a reduction in demand for, rental space; acquisition, disposition, development and joint venture risks; property ownership and management risks, including the relative illiquidity of real estate investments, and expenses, vacancies or the inability to rent space on favorable terms or at all; the Company’s ability to maintain the Company’s status as a real estate investment trust for U.S. federal income tax purposes; potential environmental and other liabilities; impairment in the value of real estate property the Company owns; the attractiveness of our properties to tenants, the actual and perceived impact of e-commerce on the value of shopping center assets, and changing demographics and customer traffic patterns; business continuity disruptions and a deterioration in our tenants’ ability to operate in affected areas or delays in the supply of products or services to us or our tenants from vendors that are needed to operate efficiently, causing costs to rise sharply and inventory to fall; risks related to our current geographical concentration of the Company’s properties in the states of Texas, Florida, and North Carolina and the metropolitan statistical areas of New York, Atlanta, Seattle, Chicago, and Washington, D.C.; civil unrest, acts of violence, terrorism or war, acts of God, climate change, epidemics, pandemics, natural disasters and severe weather conditions, including such events that may result in underinsured or uninsured losses or other increased costs and expenses; changes in laws and government regulations including governmental orders affecting the use of the Company’s properties or the ability of its tenants to operate, and the costs of complying with such changed laws and government regulations; possible short-term or long-term changes in consumer behavior due to COVID-19 and the fear of future pandemics; our ability to satisfy environmental, social or governance standards set by various constituencies; insurance costs and coverage, especially in Florida and Texas coastal areas; risks associated with cybersecurity attacks and the loss of confidential information and other business disruptions; other factors affecting the real estate industry generally; whether our current development projects and new development opportunities will benefit from our favorable cost of debt, below-target leverage and higher levels of free cash flow; and other risks identified in reports the Company files with the Securities and Exchange Commission or in other documents that it publicly disseminates, including, in particular, the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in the Company’s quarterly reports on Form 10-Q. The Company undertakes no obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Information: Kite Realty Group
David Buell
SVP, Chief Accounting Officer
317.713.5467
dbuell@kiterealty.com
FAQ
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