Owens Realty Mortgage, Inc. Announces 2016 Dividend Income Tax Treatment

The Federal income tax classification of the 2016 distributions on the Company's common stock as reported on Form 1099-DIV is set forth in the following table:
|
Record Date |
Payment |
Total Distribution per Share |
Total Distribution Allocable to 2016 |
Ordinary Dividends Per Share |
Capital Gain Distribution Per Share |
Unrecap. Sec. 1250 Gain Per Share |
||||||
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
||||||
|
12/31/2016(1) |
|
|
|
|
|
|
||||||
|
(1) Pursuant to IRC Section 857(b)(9), cash distributions made on |
Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of ORM's dividends.
About
Additional information can be found on the Company's website at www.owensmortgage.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include information about possible or assumed future results of the Company's business, financial condition, liquidity, results of operations, plans and objectives which are subject to risks and uncertainties, as well as known and unknown risks, which could cause actual results to differ from expectations, estimates and projections. Consequently, readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Words such as "expect," "target," "assume," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believe," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements.
The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Additional information concerning these and other risk factors is contained in the Company's most recent filings with the
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/owens-realty-mortgage-inc-announces-2016-dividend-income-tax-treatment-300405155.html
SOURCE


Defect, Fraud and Misrepresentation Risk Rises Modestly on Shift toward Purchase-Dominated Market, According to First American Loan Application…
Fewer Minnesotans buy individual health insurance, but more use MNsure and get help paying
Advisor News
- House panel advances CLEAR Forms Act backed by IRI
- Modifying life insurance based on evolving needs
- Gen X faces ‘pension envy’ as they head into retirement
- Your client wants to cash out an annuity. Here’s what to consider
- How student loan debt impacts 401(k) balances
More Advisor NewsAnnuity News
- A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
- AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
- OID recovers $260M in life insurance benefits
- NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE
- SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
More Annuity NewsHealth/Employee Benefits News
Life Insurance News