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January 23, 2017 Newswires
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The GEO Group Announces Tax Treatment of 2016 Dividends

Business Wire

BOCA RATON, Fla.--(BUSINESS WIRE)-- The GEO Group, Inc. (NYSE:GEO) ("GEO") announced today the tax treatment of its 2016 dividend distributions.

The following table summarizes, for income tax purposes, the nature of distributions paid to shareholders, presented on a per share basis, during the calendar year ended December 31, 2016. Shareholders are encouraged to consult with their own tax advisors as to their specific tax treatment of GEO distributions.

Common Stock

(CUSIP # 36162J106)

                Ordinary Dividends       Capital Gains        

CUSIP

 

Record

Date

 

Payment

Date

 

Total

Dividends

 

Total

 

Qualified (1)

 

Non-

Qualified

  Total  

Unrecaptured

Section 1250

 

Long Term

 

Nondividend

Distributions (2)

36162J106   2/16/2016   2/26/2016   $ 0.6500000   $ 0.5070021   $ 0.0740419   $ 0.4329602   $ -   $ -   $ -   $ 0.1429979
36162J106   5/2/2016   5/12/2016   $ 0.6500000   $ 0.5070021   $ 0.0740419   $ 0.4329602   $ -   $ -   $ -   $ 0.1429979
36162J106   8/1/2016   8/12/2016   $ 0.6500000   $ 0.5070021   $ 0.0740419   $ 0.4329602   $ -   $ -   $ -   $ 0.1429979
36162J106   10/31/2016   11/10/2016   $ 0.6500000   $ 0.5070021   $ 0.0740419   $ 0.4329602   $ -   $ -   $ -   $ 0.1429979
                                         
    Totals   $ 2.6000000   $ 2.0280086   $ 0.2961676   $ 1.7318410   $ -   $ -   $ -   $ 0.5719914
             
Percentage 100% 78.00033% 14.60386% 85.39614% 0.00000% 0.00000% 0.00000% 21.99967%
 
 
(1) For 2016, Qualified Dividends represents the portion of Total Ordinary Dividends which constitutes a "Qualified Dividend", as defined by the Internal Revenue Service.
(2) The amount constitutes a "Return of Capital", as defined by the Internal Revenue Service.

About The GEO Group, Inc.

The GEO Group, Inc. (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe. GEO is the world's leading provider of diversified correctional, detention, community reentry, and electronic monitoring services to government agencies worldwide with operations in the United States, Australia, South Africa, and the United Kingdom. GEO's worldwide operations include the ownership and/or management of 104 facilities totaling approximately 87,000 beds, including projects under development, with a growing workforce of approximately 20,500 professionals.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170123005975/en/

The GEO Group, Inc.

Pablo E. Paez, 1-866-301-4436

Vice President, Corporate Relations

Source: The GEO Group, Inc.

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