Uniti Group Inc. Announces Tax Reporting Information for 2024 Distributions
Uniti Group (Nasdaq: UNIT) has released its tax reporting information for 2024 distributions. The company paid three quarterly distributions of $0.15 per share, totaling $0.45 per share for the year. The distributions are broken down as follows:
- $0.3882 per share as Ordinary Dividend (non-qualified dividend income)
- $0.0378 per share as Capital Gain Distribution
- $0.0240 per share as Nondividend Distribution
Additionally, $0.0273 of each distribution is classified as Section 897 Ordinary Dividends, and $0.0126 as Section 897 Capital Gains. The Ordinary Dividend portion qualifies as Section 199A Dividends.
Uniti Group (Nasdaq: UNIT) ha pubblicato le informazioni fiscali per le distribuzioni del 2024. L'azienda ha effettuato tre distribuzioni trimestrali di $0.15 per azione, per un totale di $0.45 per azione per l'anno. Le distribuzioni sono suddivise come segue:
- $0.3882 per azione come Dividendo Ordinario (reddito da dividendo non qualificato)
- $0.0378 per azione come Distribuzione di Plusvalenze
- $0.0240 per azione come Distribuzione Non Dividendo
Inoltre, $0.0273 di ciascuna distribuzione è classificato come Dividendi Ordinari ai sensi della Sezione 897, e $0.0126 come Plusvalenze ai sensi della Sezione 897. La parte del Dividendo Ordinario è qualificata come Dividendi ai sensi della Sezione 199A.
Uniti Group (Nasdaq: UNIT) ha publicado su información fiscal para las distribuciones de 2024. La compañía pagó tres distribuciones trimestrales de $0.15 por acción, totalizando $0.45 por acción para el año. Las distribuciones se desglosan de la siguiente manera:
- $0.3882 por acción como Dividendo Ordinario (ingreso de dividendo no calificado)
- $0.0378 por acción como Distribución de Ganancias de Capital
- $0.0240 por acción como Distribución No Dividendo
Además, $0.0273 de cada distribución se clasifica como Dividendo Ordinario de la Sección 897, y $0.0126 como Ganancias de Capital de la Sección 897. La parte del Dividendo Ordinario califica como Dividendos de la Sección 199A.
Uniti Group (Nasdaq: UNIT)은 2024년 분배에 대한 세금 보고 정보를 발표했습니다. 회사는 $0.15 주당 세 번의 분기별 분배를 지급했으며, 연간 총 $0.45 주당입니다. 분배는 다음과 같이 나뉩니다:
- $0.3882 주당 일반 배당금(비자격 배당 소득)
- $0.0378 주당 자본 이익 분배
- $0.0240 주당 비배당 분배
추가로, 각 분배의 $0.0273는 섹션 897의 일반 배당금으로 분류되며, $0.0126는 섹션 897의 자본 이익으로 분류됩니다. 일반 배당금 부분은 섹션 199A 배당금으로 자격이 부여됩니다.
Uniti Group (Nasdaq: UNIT) a publié ses informations fiscales pour les distributions de 2024. L'entreprise a versé trois distributions trimestrielles de $0.15 par action, totalisant $0.45 par action pour l'année. Les distributions se déclinent comme suit :
- $0.3882 par action en tant que Dividende Ordinaire (revenu de dividende non qualifié)
- $0.0378 par action en tant que Distribution de Plus-Values
- $0.0240 par action en tant que Distribution Non-Dividende
De plus, $0.0273 de chaque distribution est classé comme Dividendes Ordinaires selon la section 897, et $0.0126 comme Plus-Values selon la section 897. La partie Dividende Ordinaire est qualifiée comme Dividendes selon la section 199A.
Uniti Group (Nasdaq: UNIT) hat seine Steuerberichterstattung für die Ausschüttungen 2024 veröffentlicht. Das Unternehmen zahlte drei vierteljährliche Ausschüttungen von $0.15 pro Aktie, insgesamt $0.45 pro Aktie für das Jahr. Die Ausschüttungen sind wie folgt aufgeschlüsselt:
- $0.3882 pro Aktie als ordentliche Dividende (nicht qualifizierte Dividende)
- $0.0378 pro Aktie als Kapitalgewinnausschüttung
- $0.0240 pro Aktie als Nicht-Dividendenausschüttung
Zusätzlich werden $0.0273 jeder Ausschüttung als ordentliche Dividenden gemäß Abschnitt 897 klassifiziert, und $0.0126 als Kapitalgewinne gemäß Abschnitt 897. Der Teil der ordentlichen Dividende qualifiziert sich als Dividenden gemäß Abschnitt 199A.
- Maintained consistent quarterly dividend of $0.15 per share throughout 2024
- Total annual distribution of $0.45 per share to shareholders
- None.
Insights
Uniti Group's 2024 tax distribution details reveal important insights for investors' tax planning. The REIT distributed
For investors' tax considerations:
- The ordinary dividend portion (
$0.3882 per share) qualifies for the Section 199A deduction, potentially allowing eligible taxpayers to deduct up to20% of this amount. - Foreign investors should note that
$0.0273 per distribution is classified as Section 897 Ordinary Dividends and$0.0126 as Section 897 Capital Gains, which are subject to FIRPTA (Foreign Investment in Real Property Tax Act) regulations. - The nondividend distribution component (
$0.0240 per share) is treated as a return of capital, reducing the investor's cost basis rather than being immediately taxable.
This tax-efficient distribution structure aligns with REIT requirements to distribute at least
LITTLE ROCK, Ark., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the tax treatment of its 2024 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 | |||||||||
| 12/15/23 | 1/04/24 | $ | 0.1500 | $ | 0.1294 | $ | 0.0126 | $ | 0.0080 | |||||
| 3/28/24 | 4/12/24 | $ | 0.1500 | $ | 0.1294 | $ | 0.0126 | $ | 0.0080 | |||||
| 6/14/24 | 6/28/24 | $ | 0.1500 | $ | 0.1294 | $ | 0.0126 | $ | 0.0080 | |||||
| Total | $ | 0.4500 | $ | 0.3882 | $ | 0.0378 | $ | 0.0240 | ||||||
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.
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, 2024, Uniti owns approximately 144,000 fiber route miles, 8.7 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
Senior Vice President, Investor Relations & Treasury
bill.ditullio@uniti.com
FAQ
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