Urban Edge Properties Announces Tax Treatment of 2021 Dividend Distributions

NEW YORK–(BUSINESS WIRE)–Urban Edge Properties (NYSE:UE) announced today the tax treatment of the 2021 dividend distributions on shares of its common stock.

The federal income tax characteristics of the 2021 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

3/15/2021

3/31/2021

$0.15

 

$0.15

$0.00

$0.00

6/15/2021

6/30/2021

$0.15

 

$0.15

$0.00

$0.00

9/15/2021

9/30/2021

$0.15

 

$0.15

$0.00

$0.00

12/15/2021

12/31/2021

$0.15

 

$0.15

$0.00

$0.00

2021 Totals

$0.60

 

$0.60

$0.00

$0.00

 

  1. The 2021 Taxable Ordinary Dividends are treated as «qualified REIT dividends» for purposes of Internal Revenue Code section 199A.

 

Shareholders are advised to consult their tax advisor about the specific tax treatment of Urban Edge’s 2021 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 75 properties totaling 17.0 million square feet of gross leasable area.

Contacts

Mark Langer, EVP and Chief

Financial Officer

(212) 956-0082

Artículos Relacionados