Sabra Health Care REIT, Inc. Announces Tax Treatment of 2021 Distributions

Rhea-AI Summary

Sabra Health Care REIT, Inc. (NASDAQ: SBRA) has released its 2021 tax treatment for distributions, detailing cash distributions for tax purposes. Shareholders received a total of $1.20 per share, comprising $0.6249924 in ordinary dividends, with 52.08% classified as non-qualified. Additionally, the press release highlights regulatory requirements for dividends to qualify under Section 199A, necessitating a 45-day holding period. Investors are advised to consult tax advisors regarding potential impacts on their dividends.

Positive

• Total distribution per share for 2021 is $1.20.
• Ordinary dividends total $0.6249924, with a significant proportion classified as qualified.

Negative

• None.

IRVINE, Calif.--(BUSINESS WIRE)-- Sabra Health Care REIT, Inc. (NASDAQ: SBRA) announced today the tax treatment for its 2021 distributions. The following table summarizes, for income tax purposes, the nature of cash distributions paid:

Sabra Health Care REIT, Inc.

Common Stock (CUSIP # 78573L106)

Record Date		Payable Date		Distribution per Share		Total Ordinary Dividends		Non- Qualified Dividends		Qualified Dividends		Non-Dividend Distributions
02/12/2021		02/26/2021		$ 0.3000000		$ 0.1562481		$ 0.1562481		$ 0.0000000		$ 0.1437519
05/17/2021		05/28/2021		0.3000000		0.1562481		0.1562481		0.0000000		0.1437519
08/17/2021		08/31/2021		0.3000000		0.1562481		0.1562481		0.0000000		0.1437519
11/16/2021		11/30/2021		0.3000000		0.1562481		0.1562481		0.0000000		0.1437519
				$ 1.2000000		$ 0.6249924		$ 0.6249924		$ 0.0000000		$ 0.5750076
				100.00%		52.08%						47.92%

The 2021 Non-Qualified Ordinary Dividends are also reported on Form 1099-DIV, Box 5, Section 199A Dividends. Treasury Regulation §1.199A-3(c)(2)(ii) requires that shareholders hold their REIT shares for at least 45 days in order for the dividends to be treated as Section 199A Dividends. Shareholders should consult with their tax advisors to determine whether this requirement affects any portion of the dividends included in Box 5.

Pursuant to Treas. Reg. § 1.1061-6(c), the Company reports that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of “applicable partnership interests”.

About Sabra

Sabra Health Care REIT, Inc. (Nasdaq:SBRA), a Maryland corporation, operates as a self-administered, self-managed real estate investment trust (a "REIT") that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220126005317/en/

Investor & Media Inquiries:

1-888-393-8248

investorinquiries@sabrahealth.com

Source: Sabra Health Care REIT, Inc.

FAQ

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

The total distribution per share for Sabra Health Care REIT (SBRA) in 2021 is $1.20.

How much of SBRA's 2021 dividends are ordinary dividends?

The ordinary dividends for SBRA in 2021 total $0.6249924 per share.

What percentage of SBRA's dividends are classified as non-qualified?

52.08% of Sabra Health Care REIT's dividends are classified as non-qualified.

What is the requirement for dividends to qualify under Section 199A for SBRA?

Shareholders must hold their SBRA shares for at least 45 days to qualify for Section 199A dividends.