Tiptree Inc. Announces Tax Treatment of 2021 Common Stock Distributions

Rhea-AI Summary

Tiptree Inc. (NASDAQ: TIPT) announced the income tax treatment for its 2021 common stock distributions, totaling $0.16 per share, classified as return of capital. The distributions occurred in four payments of $0.04 each, with record and payment dates ranging from March to November 2021. Stockholders are advised to consult personal tax advisors regarding the specific tax treatments of these distributions.

NEW YORK--(BUSINESS WIRE)-- Tiptree Inc. (NASDAQ: TIPT) announced the income tax treatment of its 2021 common stock distribution payments. Total 2021 distributions to common stockholders were $0.16 per share and are considered return of capital, as set forth below.

CUSIP 88822Q103
FORM 1099-DIV			Box 1a	Box 1b	Box 2a	Box 2b	Box 3	Box 5
Record Date	Payment Date	Distribution Per Share	Ordinary Dividends	Qualified Dividends	Capital Gain Distributions	Unrecaptured Section 1250 Gain	Nondividend Distributions	Section 199A Dividends
3/22/2021	3/29/2021	$0.04	-	-	-	-	$0.04	-
5/24/2021	6/01/2021	$0.04	-	-	-	-	$0.04	-
8/23/2021	8/30/2021	$0.04	-	-	-	-	$0.04	-
11/22/2021	11/29/2021	$0.04	-	-	-	-	$0.04	-
Total		$0.16	-	-	-	-	$0.16	-

Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Tiptree Inc. distributions.

About Tiptree

Tiptree Inc. (NASDAQ: TIPT) is a holding company that allocates capital across a broad spectrum of businesses, assets and other investments. Our largest operating business, Fortegra, is a specialty insurance underwriter and service provider, which focuses on niche business lines and fee-oriented services. We also allocate capital to a diverse group of businesses and investments that we refer to as Tiptree Capital. For more information, please visit www.tiptreeinc.com.

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Tiptree Inc.

Investor Relations, 212-446-1400

ir@tiptreeinc.com

Source: Tiptree Inc.

FAQ

What is the tax treatment for Tiptree Inc. 2021 stock distributions?

Tiptree Inc. (NASDAQ: TIPT) announced that its 2021 stock distributions, totaling $0.16 per share, are considered return of capital.

How much did Tiptree Inc. distribute in 2021?

Tiptree Inc. distributed a total of $0.16 per share to its common stockholders in 2021.

When were the Tiptree Inc. distributions paid?

Tiptree Inc.'s distributions were paid on four dates: March 29, June 1, August 30, and November 29, 2021.

How should stockholders handle Tiptree Inc. distributions for tax purposes?

Stockholders should consult their personal tax advisors regarding the specific tax treatment of Tiptree Inc.'s distribution payments.