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Washington Prime Group Announces Tax Reporting Information for 2019 Distributions

Washington Prime Group Inc. (NYSE:WPG) today announced the 2019 tax reporting information (Federal Form 1099) for distributions as shown below. The distributions relate to its common shares, Series H Cumulative Redeemable Preferred Shares of Beneficial Interest and Series I Cumulative Redeemable Preferred Shares of Beneficial Interest.

Amounts reported to Dividend Reinvestment and Stock Purchase Plan participants will differ due to administrative costs. Participants should refer to their Form 1099, which will be mailed no later than January 31, 2020. The taxability of the 2019 common stock distributions and the 2019 preferred stock distributions are not indicative of the taxability of future distributions.

Common Stock - Ticker Symbol: WPG

Record
Date

Payable
Date

Type of
 Distribution 

CUSIP
Number

Total
 Distribution 
Per Share

Ordinary
 Dividends 

 L-T Capital 
Gains

Unrecap.
 1250 Gain 

Non-
Dividend
 Distributions 

Liquidated
 Distributions 

 

Section
199A
 Dividends 

 03/04 /2019 

 03/15/2019 

Cash

 93964W108 

$0.250000

$0.125027

$0.124973

$0.021790

$0.000000

$0.000000

$0.125027

06/03/2019

06/17/2019

Cash

93964W108

$0.250000

$0.125027

$0.124973

$0.021790

$0.000000

$0.000000

$0.125027

09/03/2019

09/16/2019

Cash

93964W108

$0.250000

$0.125027

$0.124973

$0.021790

$0.000000

$0.000000

$0.125027

12/02/2019

12/16/2019

Cash

93964W108

$0.250000

$0.125027

$0.124973

$0.021790

$0.000000

$0.000000

$0.125027

 

TOTAL

$1.000000

$0.500108

$0.499892

$0.087160

$0.000000

$0.000000

$0.500108

Preferred Stock - 7.5% Series H Preferred Shares - Ticker Symbol: WPG-H

Record
Date

Payable
Date

Type of
 Distribution 

CUSIP
Number

Total
 Distribution 
Per Share

Ordinary
 Dividends 

 L-T Capital 
Gains

Unrecap.
 1250 Gain 

Non-
Dividend
 Distributions 

Liquidated
 Distributions 

 

Section
199A
 Dividends 

 03/29/2019 

 04/15/2019 

Cash

 93964W207 

$0.468800

$0.234450

$0.234350

$0.040861

$0.000000

$0.000000

$0.234450

06/28/2019

07/15/2019

Cash

93964W207

$0.468800

$0.234450

$0.234350

$0.040861

$0.000000

$0.000000

$0.234450

09/27/2019

10/15/2019

Cash

93964W207

$0.468800

$0.234450

$0.234350

$0.040861

$0.000000

$0.000000

$0.234450

12/31/2019

01/15/2020

Cash

93964W207

$0.468800

$0.234450

$0.234350

$0.040861

$0.000000

$0.000000

$0.234450

 

TOTAL

$1.875200

$0.937800

$0.937400

$0.163444

$0.000000

$0.000000

$0.937800

Preferred Stock - 6.875% Series I Preferred Shares - Ticker Symbol: WPG-I

Record
Date

Payable
Date

Type of
 Distribution 

CUSIP
Number

Total
 Distribution 
Per Share

Ordinary
 Dividends 

 L-T Capital 
Gains

Unrecap.
 1250 Gain 

Non-
Dividend
 Distributions 

Liquidated
 Distributions 

 

Section
199A
 Dividends 

 03/29/2019 

 04/15/2019 

Cash

 93964W306 

$0.429700

$0.214896

$0.214804

$0.037453

$0.000000

$0.000000

$0.214896

06/28/2019

07/15/2019

Cash

93964W306

$0.429700

$0.214896

$0.214804

$0.037453

$0.000000

$0.000000

$0.214896

09/27/2019

10/15/2019

Cash

93964W306

$0.429700

$0.214896

$0.214804

$0.037453

$0.000000

$0.000000

$0.214896

12/31/2019

01/15/2020

Cash

93964W306

$0.429700

$0.214896

$0.214804

$0.037453

$0.000000

$0.000000

$0.214896

 

TOTAL

$1.718800

$0.859584

$0.859216

$0.149812

$0.000000

$0.000000

$0.859584

This press release is intended to serve as the written notice required by the Internal Revenue Code that the amounts in the "L-T Capital Gains" columns above are designated as Capital Gains Dividends.

Contacts

For additional information, contact Computershare Investor Services at 800.738.4931; or John Mills, Senior Director, Tax, Washington Prime Group, at 614.887.5910.

About Washington Prime Group

Washington Prime Group Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties. The Company combines a national real estate portfolio with its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S. Washington Prime Group® is a registered trademark of the Company. Learn more at www.washingtonprime.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200121006110/en/

Contacts

Computershare Investor Services, 800.738.4931
John Mills, Senior Director, Tax, Washington Prime Group, 614.887.5910