Uniti Group Inc. Announces Tax Reporting Information for 2021 Distributions

Rhea-AI Summary

Uniti Group has announced the federal income tax treatment for its 2021 distributions on common shares, which will be detailed on Form 1099-DIV. The total distribution for the year amounts to $0.45 per share, with $0.15 designated as ordinary dividends per share paid quarterly. Notably, the ordinary dividend is classified as non-qualified income. The last dividend payment was made on January 3, 2022, to shareholders recorded as of December 17, 2021. Uniti specializes in communications infrastructure and owns extensive fiber assets across the U.S.

Positive

• Total distribution per share of $0.45 for 2021.
• Ordinary dividend per share of $0.15 paid quarterly.

Negative

• None.

LITTLE ROCK, Ark., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the tax treatment of its 2021 distributions. The following table summarizes the federal income tax treatment of the distributions on its common shares as it is expected to be reported on Form 1099 – DIV.

Common Stock CUSIP (91325V108)
Record Date		Payment Date		Total Distribution Per Share			Ordinary Dividend Per Share			Capital Gain Distribution Per Share			Nondividend Distribution Per Share
4/1/21		4/16/21		$0.15			$0.15			$0.00			$0.00
6/18/21		7/2/21		$0.15			$0.15			$0.00			$0.00
9/17/21		10/1/21		$0.15			$0.15			$0.00			$0.00
		Total		$0.45			$0.45			$0.00			$0.00

Ordinary dividend per share is non-qualified dividend income. The Ordinary Dividend Per Share will also be reported on Form 1099-DIV, Box 5, as Section 199A Dividends.

The quarterly cash dividend of $0.15 per share of common stock, which was paid on January 3, 2022 to the shareholders of record as of December 17, 2021, will be reported on Form 1099-DIV for the 2022 taxable year for federal income tax purposes. 

ABOUT UNITI

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of September 30, 2021, Uniti owns approximately 126,000 fiber route miles, 7.5 million fiber strand miles, and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com.

INVESTOR AND MEDIA CONTACTS:

Paul Bullington, 251-662-1512
Senior Vice President, Chief Financial Officer & Treasurer
paul.bullington@uniti.com

Bill DiTullio, 501-850-0872
Vice President, Finance and Investor Relations
bill.ditullio@uniti.com 

FAQ

What is the total distribution per share for Uniti Group in 2021?

The total distribution per share for Uniti Group in 2021 is $0.45.

When was the last dividend payment made by Uniti Group?

The last dividend payment by Uniti Group was made on January 3, 2022.

What type of income is the ordinary dividend from Uniti Group?

The ordinary dividend from Uniti Group is classified as non-qualified dividend income.

What is the record date for the last dividend payment by Uniti Group?

The record date for the last dividend payment was December 17, 2021.