Owens Realty Mortgage, Inc. Announces 2017 Dividend Income Tax Treatment
The Federal income tax classification of the 2017 distributions on the Company's common stock as reported on Form 1099-DIV is set forth in the following table:
Record Date |
Payment |
Total |
Total |
Ordinary |
Capital Gain |
Unrecap. |
||||||
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
||||||
|
|
|
|
|
|
|
(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
View original content with multimedia:http://www.prnewswire.com/news-releases/owens-realty-mortgage-inc-announces-2017-dividend-income-tax-treatment-300595439.html
SOURCE
AP count: Nearly 11.8M enroll for Obama health law in 2018
Allstate Delivers Strong Results
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News