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Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2022 Distributions

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Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced the federal tax treatment of its 2022 distributions, which will be reported on Form 1099-DIV. Key details include:

  • 03/18/2022: $0.1300 distribution
  • 06/17/2022: $0.1300 distribution
  • 09/16/2022: $0.1500 distribution
  • 12/15/2022: $0.1500 distribution

Stockholders are advised to consult their tax advisors for specific tax implications related to ROIC’s distributions. ROIC, a self-managed REIT, focuses on grocery-anchored shopping centers in populous West Coast markets, owning 93 centers as of September 30, 2022.

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  • ROIC is the largest publicly-traded grocery-anchored shopping center REIT focused on the West Coast.
  • Investment-grade corporate debt ratings from multiple agencies.
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  • None.

SAN DIEGO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC), announced today the federal tax treatment of the 2022 distributions on its shares of common stock. The federal tax treatment of the 2022 distributions as it is expected to be reported on Form 1099-DIV is as follows:

Record DatePayable DateTotal
Distribution
per Share
Ordinary
Income per
Share
Section
199A
Dividends1
     
03/18/202204/08/2022$0.1300$0.1300$0.1300
06/17/202207/08/2022$0.1300$0.1300$0.1300
09/16/202210/07/2022$0.1500$0.1500$0.1500
12/15/202212/29/2022$0.1500$0.1500$0.1500
     

1Represents dividends eligible for the 20% qualified business income deduction under Section 199A, and is included in “Ordinary Income Per Share”

Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of ROIC’s distributions.

ABOUT RETAIL OPPORTUNITY INVESTMENTS CORP.

Retail Opportunity Investments Corp. (Nasdaq: ROIC), is a fully integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely populated, metropolitan markets across the West Coast. As of September 30, 2022, ROIC owned 93 shopping centers encompassing approximately 10.6 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services, S&P Global Ratings and Fitch Ratings, Inc. Additional information is available at www.roireit.net.

When used herein, the words "believes," "anticipates," "projects," "should," "estimates," "expects," “guidance” and similar expressions are intended to identify forward-looking statements with the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and in Section 21F of the Securities and Exchange Act of 1934, as amended. Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of ROIC to differ materially from future results expressed or implied by such forward-looking statements. Information regarding such risks and factors is described in ROIC's filings with the SEC, including its most recent Annual Report on Form 10-K, which is available at: www.roireit.net.

Contact:
Nicolette O’Leary, Investor Relations
858-677-0900
noleary@roireit.net


FAQ

What is the federal tax treatment of Retail Opportunity Investments Corp. (ROIC) 2022 distributions?

The distributions will be reported on Form 1099-DIV, with amounts including $0.1300 for March and June, and $0.1500 for September and December.

How many shopping centers does ROIC own?

As of September 30, 2022, ROIC owned 93 shopping centers encompassing approximately 10.6 million square feet.

Is ROIC a publicly-traded company?

Yes, Retail Opportunity Investments Corp. is publicly traded on NASDAQ under the symbol ROIC.

What type of real estate does ROIC specialize in?

ROIC specializes in the acquisition and management of grocery-anchored shopping centers.

Retail Opportunity Investments Corp.

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REIT - Retail
Real Estate Investment Trusts
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United States of America
SAN DIEGO