Urban Edge Properties Announces Tax Treatment of 2016 Dividend Distributions - Insurance News | InsuranceNewsNet

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January 19, 2017 Newswires
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Urban Edge Properties Announces Tax Treatment of 2016 Dividend Distributions

Business Wire

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE:UE) announced today the tax treatment of the 2016 dividend distributions on shares of its common stock.

The federal income tax characteristics of the 2016 distributions paid with respect to Urban Edge Properties common stock (CUSIP #91704F104 and traded under ticker symbol UE) are as follows:

 
Distribution Type – Per share

Record
Date

 

Payment
Date

 

Distribution
Amount
per share

Ordinary Taxable
Income(1)

 

Long Term
Capital Gains

 

Return of
Capital

3/15/2016   3/31/2016   $0.20 $0.20   $0.00   $0.00
6/15/2016 6/30/2016 $0.20 $0.20 $0.00 $0.00
9/19/2016 9/30/2016 $0.20 $0.20 $0.00 $0.00
12/15/2016 12/30/2016 $0.22 $0.22   $0.00   $0.00
2016 Totals $0.82 $0.82   $0.00   $0.00
(1) None of the ordinary dividend represents "qualified dividend income."
 

Shareholders are advised to consult their tax advisor about the specific tax treatment of Urban Edge’s 2016 dividends.

ABOUT URBAN EDGE PROPERTIES

Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 83 properties totaling 14.8 million square feet of gross leasable area.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170119006125/en/

Urban Edge Properties

Mark Langer, 212-956-0082

EVP and Chief Financial Officer

Source: Urban Edge Properties

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