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Tiptree Inc. Announces Tax Treatment of 2024 Common Stock Distributions

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Tiptree Inc. (NASDAQ: TIPT) has disclosed the tax treatment of its common stock distributions for 2024. The company's total distributions to common stockholders amounted to $0.49 per share, which are classified as return of capital. The distributions were made in five payments throughout 2024:

- $0.06 per share paid on March 18, May 28, August 26, and November 25
- A final payment of $0.25 per share on December 19

All distributions are categorized as nondividend distributions for tax purposes, with no portions qualifying as ordinary dividends, qualified dividends, capital gain distributions, or Section 199A dividends.

Tiptree Inc. (NASDAQ: TIPT) ha annunciato il trattamento fiscale delle distribuzioni delle sue azioni ordinarie per il 2024. Le distribuzioni totali dell'azienda agli azionisti ordinari ammontano a 0,49 $ per azione, considerate come rimborso di capitale. Le distribuzioni sono state effettuate in cinque pagamenti nel corso del 2024:

- 0,06 $ per azione pagate il 18 marzo, 28 maggio, 26 agosto e 25 novembre
- Un pagamento finale di 0,25 $ per azione il 19 dicembre

Tutte le distribuzioni sono classificate come distribuzioni non di dividendo ai fini fiscali, senza parti che qualifichino come dividendi ordinari, dividendi qualificati, distribuzioni di guadagni in capitale o dividendi ai sensi della Sezione 199A.

Tiptree Inc. (NASDAQ: TIPT) ha divulgado el tratamiento fiscal de sus distribuciones de acciones ordinarias para 2024. Las distribuciones totales de la compañía a los accionistas ordinarios ascendieron a 0,49 $ por acción, clasificadas como reembolso de capital. Las distribuciones se realizaron en cinco pagos a lo largo de 2024:

- 0,06 $ por acción pagadas el 18 de marzo, 28 de mayo, 26 de agosto y 25 de noviembre
- Un pago final de 0,25 $ por acción el 19 de diciembre

Todas las distribuciones se clasifican como distribuciones no de dividendos a efectos fiscales, sin porciones que califiquen como dividendos ordinarios, dividendos calificados, distribuciones de ganancias de capital o dividendos de la Sección 199A.

Tiptree Inc. (NASDAQ: TIPT)는 2024년 일반주 배당금에 대한 세금 처리 방침을 공개했습니다. 회사의 일반주주에 대한 총 배당금은 주당 0.49 달러에 달하며, 이는 자본 환급으로 분류됩니다. 배당금은 2024년 동안 다섯 차례에 걸쳐 지급되었습니다:

- 3월 18일, 5월 28일, 8월 26일, 11월 25일에 각각 주당 0.06 달러
- 12월 19일에 주당 0.25 달러의 최종 배당금 지급

모든 배당금은 세금 목적상 비배당으로 분류되며, 일반 배당금, 자격 배당금, 자본 이득 배당금 또는 섹션 199A 배당금으로 인정되지 않습니다.

Tiptree Inc. (NASDAQ: TIPT) a divulgué le traitement fiscal de ses distributions d'actions ordinaires pour 2024. Les distributions totales de la société aux actionnaires ordinaires se sont élevées à 0,49 $ par action, classées comme un remboursement de capital. Les distributions ont été effectuées en cinq paiements tout au long de 2024 :

- 0,06 $ par action payés le 18 mars, 28 mai, 26 août et 25 novembre
- Un paiement final de 0,25 $ par action le 19 décembre

Toutes les distributions sont catégorisées comme des distributions non dividentielles à des fins fiscales, aucune partie ne pouvant être qualifiée de dividendes ordinaires, de dividendes qualifiés, de distributions de gains en capital ou de dividendes de la section 199A.

Tiptree Inc. (NASDAQ: TIPT) hat die steuerliche Behandlung seiner Ausschüttungen für Stammaktien im Jahr 2024 bekannt gegeben. Die Gesamtausschüttungen an die Stammaktionäre beliefen sich auf 0,49 $ pro Aktie, die als Kapitalrückzahlung klassifiziert sind. Die Ausschüttungen erfolgten in fünf Zahlungen im Laufe von 2024:

- 0,06 $ pro Aktie, die am 18. März, 28. Mai, 26. August und 25. November ausgezahlt wurden
- Eine letzte Zahlung von 0,25 $ pro Aktie am 19. Dezember

Alle Ausschüttungen werden aus steuerlicher Sicht als Nicht-Dividenden-Ausschüttungen分类iert, wobei keine Teile als ordentliche Dividenden, qualifizierte Dividenden, Kapitalgewinnausschüttungen oder Ausschüttungen gemäß Abschnitt 199A qualifizieren.

Positive
  • Regular quarterly dividend payments maintained at $0.06 per share throughout 2024
  • Additional special distribution of $0.25 per share in December 2024
  • Total annual distribution of $0.49 per share to shareholders
Negative
  • Distributions classified as return of capital rather than dividends, which may impact shareholders' tax basis

Insights

The tax treatment classification of Tiptree's 2024 distributions as return of capital ($0.49 per share) carries notable implications for shareholders. When distributions are classified as return of capital rather than dividends, they reduce the cost basis of the stock rather than being immediately taxable. This effectively defers taxation until the stock is sold, providing a tax-efficient advantage for investors.

The structure includes four quarterly payments of $0.06 and a special distribution of $0.25 in December. The fact that 100% of distributions are classified as return of capital suggests the company's earnings and profits (E&P) were insufficient to characterize these payments as dividends, which could indicate either strategic tax planning or reflect the company's current financial position.

Think of it like getting an advance payment on your initial investment - you're not taxed now, but your cost basis goes down, meaning you'll have a larger capital gain to report when you eventually sell the shares. For long-term investors, this can be advantageous due to the time value of money and potentially lower capital gains rates.

GREENWICH, Conn.--(BUSINESS WIRE)-- Tiptree Inc. (NASDAQ: TIPT) announced the income tax treatment of its 2024 common stock distribution payments. Total 2024 distributions to common stockholders were $0.49 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

3/11/2024

3/18/2024

$0.06

-

-

-

-

$0.06

-

5/20/2024

5/28/2024

$0.06

-

-

-

-

$0.06

-

8/19/2024

8/26/2024

$0.06

-

-

-

-

$0.06

-

11/18/2024

11/25/2024

$0.06

-

-

-

-

$0.06

-

12/11/2024

12/19/2024

$0.25

 

 

 

 

$0.25

 

Total

$0.49

-

-

-

-

$0.49

-

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) allocates capital to select small and middle market companies with the mission of building long-term value. Established in 2007, Tiptree has a significant track record investing across a variety of industries and asset types, including the insurance, asset management, specialty finance, real estate and shipping sectors. With proprietary access and a flexible capital base, Tiptree seeks to uncover compelling investment opportunities and support management teams in unlocking the full value potential of their businesses. For more information, please visit tiptreeinc.com and follow us on LinkedIn.

Tiptree Inc.

Investor Relations, 212-446-1400

ir@tiptreeinc.com

Source: Tiptree Inc.

FAQ

What is the total amount of Tiptree (TIPT) stock distributions for 2024?

Tiptree's total stock distributions for 2024 amounted to $0.49 per share.

How are Tiptree's (TIPT) 2024 distributions classified for tax purposes?

All of Tiptree's 2024 distributions are classified as nondividend distributions (return of capital).

What was the payment schedule for Tiptree (TIPT) distributions in 2024?

Tiptree made four quarterly payments of $0.06 per share in March, May, August, and November, plus a special distribution of $0.25 in December 2024.

Did Tiptree (TIPT) pay any qualified dividends in 2024?

No, Tiptree did not pay any qualified dividends in 2024. All distributions were classified as return of capital.

Tiptree Inc.

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United States of America
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