NEW YORK--(BUSINESS WIRE)--
Urban Edge Properties (NYSE: UE) announced today the tax treatment of the 2022 dividend distributions on shares of its common stock.
The federal income tax characteristics of the 2022 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
|
3/15/2022
|
3/31/2022
|
$0.16
|
|
$0.16
|
$0.00
|
$0.00
|
6/15/2022
|
6/30/2022
|
$0.16
|
|
$0.16
|
$0.00
|
$0.00
|
9/15/2022
|
9/30/2022
|
$0.16
|
|
$0.16
|
$0.00
|
$0.00
|
12/15/2022
|
12/30/2022
|
$0.16
|
|
$0.16
|
$0.00
|
$0.00
|
|
2022 Totals
|
$0.64
|
|
$0.64
|
$0.00
|
$0.00
|
(1)
|
|
The 2022 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 2022 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 Washington, D.C. to Boston corridor. Urban Edge owns 76 properties totaling 17.2 million square feet of gross leasable area.
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https://www.businesswire.com/news/home/20230112005750/en/
Urban Edge Properties
Mark Langer, EVP and
Chief Financial Officer
212-956-2556
Source: Urban Edge Properties