Regency Centers Announces Tax Information for 2021 Distributions

Rhea-AI Summary

Regency Centers Corporation (Nasdaq: REG) announced the federal income tax treatment for its 2021 distributions to common stockholders. The Company provided details on the record and payable dates for dividends along with a breakdown of total distributions per share, including ordinary and qualified dividends. For 2021, the total distribution per share was $3.005, with $2.527 classified as ordinary dividends. The information aims to assist shareholders with tax reporting related to distributions made by the Company. Shareholders are advised to consult their tax advisors for specific treatment.

Positive

• Total distribution per share for 2021 was $3.005, beneficial for shareholders.
• $2.527 per share classified as ordinary dividends offers tax advantages.

Negative

• None.

JACKSONVILLE, Fla., Jan. 21, 2022 (GLOBE NEWSWIRE) -- Regency Centers Corporation (The “Company”) (Nasdaq:REG) today announced the federal income tax treatment of its 2021 distributions to holders of its common stock.

Regency Centers Corporation Common Stock: Symbol REG CUSIP #: 758849103

Record Date	Payable Date	Total Distribution Per Share		Distribution Allocated to 2021		Total Ordinary Dividends		Qualified Dividends (Included in Total Ordinary Div)		Section 199A Dividends(1)		Total Capital Gain Distribution(2)		Unrecapt Section 1250 Gain (Included in Total Capital Gain Distribution)		Section 897 Ordinary Dividends		Section 897 Capital Gain		Nontaxable Distributions
12/16/2020	1/5/2021	$0.59500		$0.19000		$0.17480		$0.00190		$0.17290		$0.01520		$0.00570		$0.00380		$0.00760		$0.00000
3/15/2021	4/6/2021	$0.59500		$0.59500		$0.54740		$0.00600		$0.54140		$0.04760		$0.01790		$0.01190		$0.02380		$0.00000
6/15/2021	7/6/2021	$0.59500		$0.59500		$0.54740		$0.00600		$0.54140		$0.04760		$0.01790		$0.01190		$0.02380		$0.00000
9/15/2021	10/5/2021	$0.59500		$0.59500		$0.54740		$0.00600		$0.54140		$0.04760		$0.01790		$0.01190		$0.02380		$0.00000
12/16/2021	1/5/2022	$0.62500		$0.55200		$0.50780		$0.00550		$0.50230		$0.04420		$0.01660		$0.01100		$0.02210		$0.00000
TOTALS		$3.00500		$2.52700		$2.32480		$0.02540		$2.29940		$0.20220		$0.07600		$0.05050		$0.10110		$0.00000

(1)   This amount represents dividends eligible for the 20% qualified business income deduction under Section 199A, and is included in Ordinary Dividends.

(2)   Of the Total Capital Gain Distribution, 42% is excluded under Reg. 1.1061-4(b)(7). The remaining 58% is a Three Year Amount under Reg. 1.1061-6(c).

Please note, of the $0.5950 per share dividend declared for holders of record on December 16, 2020 and paid on January 5, 2021, $0.4050 was reported for income tax purposes in 2020 with the remaining $0.1900 reported above.

Of the $0.6250 per share dividend declared for holders of record on December 16, 2021 and paid on January 5, 2022, $0.5520 is reported for income tax purposes in 2021 with the remaining $0.0730 to be reported in 2022.

This information is being provided to assist shareholders with tax reporting related to distributions made by the Company. Taxability of 2021 distributions is not necessarily indicative of taxability of future distributions. The tax information provided herein should not be construed as tax advice or relied upon as such, and shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of the Company's distributions.

About Regency Centers Corporation (Nasdaq:REG)

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com. 

Christy McElroy
904 598 7616
ChristyMcElroy@regencycenters.com

FAQ

What is the total distribution per share for REG in 2021?

The total distribution per share for Regency Centers Corporation (REG) in 2021 was $3.005.

What are the ordinary dividends for REG in 2021?

The ordinary dividends for Regency Centers Corporation (REG) in 2021 amounted to $2.527 per share.

When are the dividends for REG payable?

The dividends for Regency Centers Corporation (REG) were payable on various dates, including January 5, April 6, July 6, October 5, and January 5, 2022.

What is the record date for REG's 2021 distributions?

The record dates for Regency Centers Corporation (REG) distributions included December 16, 2020, March 15, 2021, June 15, 2021, September 15, 2021, and December 16, 2021.

What should REG shareholders know about tax reporting for 2021 distributions?

Shareholders of Regency Centers Corporation (REG) should consult their tax advisors regarding the tax treatment of 2021 distributions, as taxability for future distributions may vary.