SITE Centers Announces Tax Allocations of 2024 Dividend Distributions
SITE Centers Corp. (NYSE: SITC) has released its tax allocations for 2024 dividend distributions for both common and preferred shares, including details of the Curbline Properties Corp. spin-off. For common shares, quarterly distributions were $0.13 per share, with each payment consisting of $0.0375 in capital gains and $0.0925 in return of capital. The Curbline Properties spin-off represented a significant distribution of $44.58 per share.
For Preferred Class A Depositary Shares, distributions totaled $1.3768 per share for the year, paid quarterly at $0.3984 for the first three quarters and $0.1815 for the final period. All preferred share distributions were classified as capital gains with no ordinary dividends or return of capital components.
SITE Centers Corp. (NYSE: SITC) ha pubblicato le sue allocazioni fiscali per le distribuzioni dei dividendi 2024 sia per le azioni ordinarie che per quelle privilegiate, inclusi i dettagli della scorporazione di Curbline Properties Corp. Per le azioni ordinarie, le distribuzioni trimestrali erano di $0.13 per azione, con ciascun pagamento composto da $0.0375 in guadagni in conto capitale e $0.0925 in restituzione di capitale. Lo
Per le azioni di deposito di Classe A privilegiate, le distribuzioni hanno totalizzato $1.3768 per azione per l'anno, pagate trimestralmente a $0.3984 per i primi tre trimestri e $0.1815 per il periodo finale. Tutte le distribuzioni delle azioni privilegiate sono state classificate come guadagni in conto capitale senza componenti di dividendi ordinari o restituzione di capitale.
SITE Centers Corp. (NYSE: SITC) ha liberado sus asignaciones fiscales para las distribuciones de dividendos de 2024 tanto para acciones comunes como preferidas, incluyendo detalles de la escisión de Curbline Properties Corp. Para las acciones comunes, las distribuciones trimestrales fueron de $0.13 por acción, con cada pago compuesto por $0.0375 en ganancias de capital y $0.0925 en devolución de capital. La escisión de Curbline Properties representó una distribución significativa de $44.58 por acción.
Para las Acciones Preferidas de Clase A, las distribuciones totalizaron $1.3768 por acción durante el año, pagadas trimestralmente a $0.3984 durante los primeros tres trimestres y $0.1815 para el último periodo. Todas las distribuciones de acciones preferidas se clasificaron como ganancias de capital sin componentes de dividendos ordinarios o devolución de capital.
SITE Centers Corp. (NYSE: SITC)는 2024년 배당금 분배를 위한 세금 할당을 발표했습니다. 이에는 일반 주식 및 우선주에 대한 세부 사항과 Curbline Properties Corp. 분할이 포함되어 있습니다. 일반 주식의 경우, 분기 배당금은 주당 $0.13로, 각 지급금은 자본 이익 $0.0375와 자본 환급 $0.0925로 구성되었습니다. Curbline Properties 분할은 주당 $44.58의 상당한 분배를 나타냈습니다.
우선주 A 클래스 예탁 주식의 경우, 올해 총 분배액은 주당 $1.3768로, 첫 세 분기에는 각각 $0.3984, 마지막 분기에는 $0.1815가 지급되었습니다. 모든 우선주 배당금은 자본 이익으로 분류되었으며 일반 배당금이나 자본 환급 구성 요소는 없었습니다.
SITE Centers Corp. (NYSE: SITC) a publié ses allocations fiscales pour les distributions de dividendes de 2024 pour les actions ordinaires et préférées, y compris les détails de la scission de Curbline Properties Corp. Pour les actions ordinaires, les distributions trimestrielles s'élevaient à 0,13 USD par action, chaque paiement étant composé de 0,0375 USD de plus-values et de 0,0925 USD de remboursement de capital. La scission de Curbline Properties a représenté une distribution significative de 44,58 USD par action.
Pour les actions de préférence de classe A, les distributions ont totalisé 1,3768 USD par action pour l'année, versées trimestriellement à 0,3984 USD pour les trois premiers trimestres et 0,1815 USD pour la période finale. Toutes les distributions d'actions privilégiées ont été classées comme des plus-values, sans composantes de dividendes ordinaires ni de remboursement de capital.
SITE Centers Corp. (NYSE: SITC) hat seine Steuerzuweisungen für die Dividendenauszahlungen 2024 sowohl für Stamm- als auch für Vorzugsaktien veröffentlicht, einschließlich Details zur Abspaltung von Curbline Properties Corp. Für Stammaktien betrugen die vierteljährlichen Auszahlungen 0,13 USD pro Aktie, wobei jede Zahlung aus 0,0375 USD an Kapitaleinlagen und 0,0925 USD an Kapitalrückzahlung bestand. Die Abspaltung von Curbline Properties stellte eine bedeutende Auszahlung von 44,58 USD pro Aktie dar.
Für die Vorzugsaktien der Klasse A betrugen die Auszahlungen insgesamt 1,3768 USD pro Aktie für das Jahr, die vierteljährlich mit 0,3984 USD für die ersten drei Quartale und 0,1815 USD für den letzten Zeitraum gezahlt wurden. Alle Auszahlungen für Vorzugsaktien wurden als Kapitaleinlagen klassifiziert, ohne Komponenten von ordentlichen Dividenden oder Kapitalrückzahlungen.
- Consistent quarterly dividend payments of $0.13 per share maintained throughout 2024
- Significant value distribution to shareholders through Curbline Properties spin-off worth $44.58 per share
- Stable preferred share dividend payments throughout the year
- No ordinary dividend income component in distributions, which may affect certain investors' tax situations
For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2024 distributions, including the spin-off of Curbline Properties Corp. (NYSE: CURB). The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2024 federal income tax returns. The schedule below, presented in dollars on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.
Common Shares (NYSE: SITC)
Period |
CUSIP |
Record
|
Payable
|
Ordinary
|
Total
|
Return of
|
Total
|
Section
|
Unrecaptured
|
4Q23 |
82981J851 |
12/11/2023 |
01/05/2024 |
|
|
|
|
|
|
1Q24 |
82981J851 |
03/14/2024 |
04/05/2024 |
|
|
|
|
|
|
2Q24 |
82981J851 |
06/18/2024 |
07/09/2024 |
|
|
|
|
|
|
CURB SPIN-OFF |
82981J851 |
09/23/2024 |
10/01/2024 |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
Preferred Class A Depositary Shares (NYSE: SITC_pa)
Period |
CUSIP |
Record
|
Payable
|
Ordinary
|
Total
|
Return of
|
Total
|
Section
|
Unrecaptured
|
01/15/24 – 04/14/24 |
82981J877 |
03/28/2024 |
04/15/2024 |
|
|
|
|
|
|
04/15/24– 07/14/24 |
82981J877 |
06/28/2024 |
07/15/2024 |
|
|
|
|
|
|
07/15/24 – 10/14/24 |
82981J877 |
09/30/2024 |
10/15/2024 |
|
|
|
|
|
|
10/15/24 – 11/26/24 |
82981J877 |
11/26/2024 |
11/26/2024 |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
About SITE Centers Corp.
SITE Centers is an owner and manager of open-air shopping centers primarily located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the NYSE under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250128201620/en/
For additional information:
Gerry Morgan, EVP and
Chief Financial Officer
216-755-5500
Source: SITE Centers Corp.
FAQ
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