U.S. markets open in 6 hours 2 minutes
  • S&P Futures

    4,462.25
    +16.50 (+0.37%)
     
  • Dow Futures

    34,843.00
    +169.00 (+0.49%)
     
  • Nasdaq Futures

    15,361.25
    +42.50 (+0.28%)
     
  • Russell 2000 Futures

    2,256.20
    +12.20 (+0.54%)
     
  • Crude Oil

    74.86
    +0.88 (+1.19%)
     
  • Gold

    1,760.10
    +8.40 (+0.48%)
     
  • Silver

    22.68
    +0.26 (+1.16%)
     
  • EUR/USD

    1.1716
    -0.0001 (-0.01%)
     
  • 10-Yr Bond

    1.4600
    0.0000 (0.00%)
     
  • Vix

    17.75
    -0.88 (-4.72%)
     
  • GBP/USD

    1.3686
    +0.0005 (+0.04%)
     
  • USD/JPY

    110.6220
    -0.0630 (-0.06%)
     
  • BTC-USD

    43,775.74
    +1,880.29 (+4.49%)
     
  • CMC Crypto 200

    1,090.93
    -12.13 (-1.10%)
     
  • FTSE 100

    7,105.86
    +54.38 (+0.77%)
     
  • Nikkei 225

    30,240.06
    -8.75 (-0.03%)
     

Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Urban Edge Properties (NYSE:UE) announced today the tax treatment of the 2020 dividend distributions on shares of its common stock.

The federal income tax characteristics of the 2020 distributions paid with respect to Urban Edge Properties common stock (CUSIP #91704F104) are as follows:

Distribution Type – Per share

Record
Date

Payment
Date

Distribution
Amount
per share

Ordinary Taxable
Income

Long Term
Capital Gains

Return of
Capital

3/16/2020

3/31/2020

$0.22

$0.22

$0.00

$0.00

12/31/2020

1/19/2021

$0.46

$0.46

$0.00

$0.00

2020 Totals

$0.68

$0.68

$0.00

$0.00

The fourth quarter 2020 dividend paid by the Company on January 19, 2021, to shareholders of record as of December 31, 2020, was treated as paid in 2020 for income tax purposes. All 2020 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 2020 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 79 properties totaling 16.3 million square feet of gross leasable area.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005223/en/

Contacts

Mark Langer
EVP and Chief Financial Officer
(212) 956-0082