NEW YORK--(BUSINESS WIRE)--
Urban Edge Properties (NYSE:UE) announced today the tax treatment of the
2016 dividend distributions on shares of its common stock.
The federal income tax characteristics of the 2016 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 |
| 3/15/2016 |
| 3/31/2016 |
| $0.20 | | $0.20 |
| $0.00 |
| $0.00 |
| 6/15/2016 | | 6/30/2016 | | $0.20 | | $0.20 | | $0.00 | | $0.00 |
| 9/19/2016 | | 9/30/2016 | | $0.20 | | $0.20 | | $0.00 | | $0.00 |
| 12/15/2016 | | 12/30/2016 | | $0.22 | | $0.22 |
| $0.00 |
| $0.00 |
| | 2016 Totals | | $0.82 | | $0.82 |
| $0.00 |
| $0.00 |
| (1) None of the ordinary dividend represents "qualified
dividend income."
|
|
|
Shareholders are advised to consult their tax advisor about the specific
tax treatment of Urban Edge’s 2016 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 83 properties totaling 14.8 million square feet
of gross leasable area.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170119006125/en/
Urban Edge Properties
Mark Langer, 212-956-0082
EVP and Chief
Financial Officer
Source: Urban Edge Properties