NEW YORK--(BUSINESS WIRE)--
Urban Edge Properties (NYSE:UE) announced today the tax treatment of the
2018 dividend distributions on shares of its common stock.
The federal income tax characteristics of the 2018 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 |
| 3/15/2018 |
|
| 3/30/2018 |
|
| $0.22 | | | | $0.22 |
|
| $0.00 |
|
| $0.00 |
| 6/15/2018 | | | 6/29/2018 | | | $0.22 | | | | $0.22 | | | $0.00 | | | $0.00 |
| 9/14/2018 | | | 9/28/2018 | | | $0.22 | | | | $0.22 | | | $0.00 | | | $0.00 |
| 12/14/2018 | | | 12/31/2018 | | | $0.22 | | | | $0.22 |
|
| $0.00 |
|
| $0.00 |
| | | 2018 Totals | | | $0.88 | | | | $0.88 |
|
| $0.00 |
|
| $0.00 |
(1) The 2018 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 2018 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 88 properties totaling 16.3 million square feet
of gross leasable area.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190118005063/en/
For Additional Information:
Mark
Langer, EVP and Chief
Financial Officer
New York, NY 10019
(212)
956-0082
Source: Urban Edge Properties