U.S. Markets close in 5 hrs 14 mins
  • S&P 500

    3,248.73
    -61.38 (-1.85%)
     
  • Dow 30

    26,215.33
    -443.78 (-1.66%)
     
  • Nasdaq

    10,900.20
    -285.39 (-2.55%)
     
  • Russell 2000

    1,541.90
    -19.68 (-1.26%)
     
  • Crude Oil

    35.49
    -0.68 (-1.88%)
     
  • Gold

    1,880.40
    +12.40 (+0.66%)
     
  • Silver

    23.59
    +0.23 (+0.98%)
     
  • EUR/USD

    1.1682
    +0.0004 (+0.0350%)
     
  • 10-Yr Bond

    0.8420
    +0.0070 (+0.84%)
     
  • Vix

    39.06
    +1.47 (+3.91%)
     
  • GBP/USD

    1.2949
    +0.0025 (+0.1968%)
     
  • USD/JPY

    104.6510
    +0.0410 (+0.0392%)
     
  • BTC-USD

    13,319.04
    +20.20 (+0.15%)
     
  • CMC Crypto 200

    260.37
    -3.26 (-1.24%)
     
  • FTSE 100

    5,559.46
    -22.29 (-0.40%)
     
  • Nikkei 225

    22,977.13
    -354.81 (-1.52%)
     

SITE Centers Corp. Announces Tax Allocations of 2019 Dividend Distributions

SITE Centers (NYSE: SITC) today announced the tax allocations of 2019 distributions on its common shares and three series of preferred shares.

For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2019 distributions. The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2019 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Please note that the January 4, 2019 common share distribution is included in the tax allocations for 2019 and the January 7, 2020 common share distribution will be included in the tax allocations for 2020.

Common Shares (NYSE:SITC)

Period

CUSIP

Record
Date

Payable
Date

Ordinary
Dividends

Total
Capital
Gain

Return
of
Capital

(1)

Total
Distributions

Section
199A
Dividends

Unrecaptured
Sec. 1250
Gain

4Q18

82981J109

12/14/2018

01/04/2019

0.107527

0.000000

0.092473

0.200000

0.107527

0.000000

1Q19

82981J109

03/15/2019

04/02/2019

0.107527

0.000000

0.092473

0.200000

0.107527

0.000000

2Q19

82981J109

06/12/2019

07/02/2019

0.107527

0.000000

0.092743

0.200000

0.107527

0.000000

3Q19

82981J109

09/23/2019

10/08/2019

0.107527

0.000000

0.092743

0.200000

0.107527

0.000000

Total

0.430108

0.000000

0.369892

0.800000

0.430108

0.000000

Preferred Class A Depositary Shares (NYSE:SITC_pa)

Period

CUSIP

Record
Date

Payable
Date

Ordinary
Dividends

Total
Capital Gain

Return
of
Capital
(1)

Total
Dividends

Section
199A
Dividends

Unrecaptured
Sec. 1250
Gain

01/15/19 – 04/14/19

82981J877

03/29/2019

04/15/2019

0.398440

0.000000

0.000000

0.398440

0.398440

0.000000

04/15/19– 07/14/19

82981J877

06/28/2019

07/15/2019

0.398440

0.000000

0.000000

0.398440

0.398440

0.000000

07/15/19 – 10/14/19

82981J877

09/27/2019

10/15/2019

0.398440

0.000000

0.000000

0.398440

0.398440

0.000000

10/15/19 – 01/14/20

82981J877

12/27/2019

01/15/2020

0.398440

0.000000

0.000000

0.398440

0.398440

0.000000

Total

1.593760

0.000000

0.000000

1.593760

1.593760

0.000000

Preferred Class J Depositary Shares (NYSE:SITC_pj)

Period

CUSIP

Record
Date

Payable
Date

Ordinary
Dividends

Total
Capital Gain

Return
of
Capital
(1)

Total
Dividends

Section
199A
Dividends

Unrecaptured
Sec. 1250
Gain

01/15/19 – 04/14/19

82981J604

03/29/2019

04/15/2019

0.406250

0.000000

0.000000

0.406250

0.406250

0.000000

04/15/19 – 07/14/19

82981J604

06/28/2019

07/15/2019

0.406250

0.000000

0.000000

0.406250

0.406250

0.000000

07/15/19 – 10/14/19

82981J604

09/27/2019

10/15/2019

0.406250

0.000000

0.000000

0.406250

0.406250

0.000000

10/15/19 – 11/24/19

82981J604

11/25/2019

11/25/2019

0.189600

0.000000

0.000000

0.189600

0.189600

0.000000

Total

1.408350

0.000000

0.000000

1.408350

1.408350

0.000000

Preferred Class K Depositary Shares (NYSE:SITC_pk)

Period

CUSIP

Record
Date

Payable
Date

Ordinary
Dividends

Total
Capital Gain

Return
of
Capital
(1)

Total
Dividends

Section
199A
Dividends

Unrecaptured
Sec. 1250
Gain

01/15/19 – 04/14/19

82981J802

03/29/2019

04/15/2019

0.390630

0.000000

0.000000

0.390630

0.390630

0.000000

04/15/19 – 07/14/19

82981J802

06/28/2019

07/15/2019

0.390630

0.000000

0.000000

0.390630

0.390630

0.000000

07/15/19 – 10/14/19

82981J802

09/27/2019

10/15/2019

0.390630

0.000000

0.000000

0.390630

0.390630

0.000000

10/15/19 – 01/14/20

82981J802

12/27/2019

01/15/2020

0.390630

0.000000

0.000000

0.390630

0.390630

0.000000

Total

1.562520

0.000000

0.000000

1.562520

1.562520

0.000000

(1) Represents a return of stockholders’ original investment

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200121006022/en/

Contacts

Conor Fennerty, 216-755-5500
EVP and Chief Financial Officer