GGP Announces Tax Reporting Information for 2016 Distributions
CHICAGO--(BUSINESS WIRE)--GGP announced today the tax reporting information for 2016 distributions on its common stock and 6.375% Series A Cumulative Redeemable Preferred stock as shown below.
Participants should refer to their Federal Form 1099 which will be mailed no later than January 31, 2017 and contact American Stock Transfer & Trust Company, LLC at (866) 627-2643 for further information. Taxability of the 2016 distributions is not necessarily indicative of future distributions.
| 2016 TAX INFORMATION - Common Stock | ||||||||||||||||||||
| Total | Unrecaptured | |||||||||||||||||||
| Record | Payable | Type of | Distribution | Total Taxable | Ordinary | Capital Gain | Sec. 1250 | AMTI | 2015 Taxable | 2017 Taxable | ||||||||||
| Date | Date | Distribution | Per Share | Distribution | Dividends | Distribution | Gain | Preference | Distribution | Distribution | ||||||||||
| 12/15/2015 | 1/4/2016 | Cash | $0.190000 | $0.055168 | $0.038354 | $0.016814 | $0.001121 | $0.000290 | $0.134832 | N/A | ||||||||||
| 4/15/2016 | 4/29/2016 | Cash | $0.190000 | $0.190000 | $0.132091 | $0.057909 | $0.003860 | $0.001000 | N/A | N/A | ||||||||||
| 7/15/2016 | 7/29/2016 | Cash | $0.190000 | $0.190000 | $0.132091 | $0.057909 | $0.003860 | $0.001000 | N/A | N/A | ||||||||||
| 10/14/2016 | 10/31/2016 | Cash | $0.200000 | $0.200000 | $0.139043 | $0.060957 | $0.004063 | $0.001053 | N/A | N/A | ||||||||||
| 12/15/2016 | 1/6/2017 | Cash | $0.220000 | $0.220000 | $0.152948 | $0.067052 | $0.004469 | $0.001158 | N/A | N/A | ||||||||||
|
12/27/2016 |
1/27/2017 | Cash | $0.260000 | $0.130100 | $0.090448 | $0.039652 | $0.002643 | $0.000685 | N/A | $0.129900 | ||||||||||
| TOTAL | $1.250000 | $0.985268 | $0.684975 | $0.300293 | $0.020016 | $0.005186 | $0.134832 | $0.129900 | ||||||||||||
| PERCENT OF ANNUAL TOTAL | 100.00% | 69.52% | 30.48% | 2.03% | ||||||||||||||||
| 2016 TAX INFORMATION - 6.375% Series A Cumulative Redeemable Preferred Stock | ||||||||||||||||||||
| Total | Unrecaptured | |||||||||||||||||||
| Record | Payable | Type of | Distribution | Total Taxable | Ordinary | Capital Gain | Sec. 1250 | AMTI | 2015 Taxable | 2017 Taxable | ||||||||||
| Date | Date | Distribution | Per Share | Distribution | Dividends | Distribution | Gain | Preference | Distribution | Distribution | ||||||||||
| 3/15/2016 | 4/1/2016 | Cash | $0.398400 | $0.398400 | $0.276975 | $0.121425 | $0.008093 | $0.002097 | N/A | N/A | ||||||||||
| 6/15/2016 | 7/1/2016 | Cash | $0.398400 | $0.398400 | $0.276975 | $0.121425 | $0.008093 | $0.002097 | N/A | N/A | ||||||||||
| 9/15/2016 | 10/3/2016 | Cash | $0.398400 | $0.398400 | $0.276975 | $0.121425 | $0.008093 | $0.002097 | N/A | N/A | ||||||||||
| 12/15/2016 | 1/3/2017 | Cash | $0.398400 | $0.398400 | $0.276975 | $0.121425 | $0.008093 | $0.002097 | N/A | N/A | ||||||||||
| TOTAL | $1.593600 | $1.593600 | $1.107900 | $0.485700 | $0.032372 | $0.008388 | $0.000000 | $0.000000 | ||||||||||||
| PERCENT OF ANNUAL TOTAL | 100.00% | 69.52% | 30.48% | 2.03% | ||||||||||||||||
About GGP
GGP is an S&P 500 company focused exclusively on owning, managing, leasing and redeveloping high-quality retail properties throughout the United States. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.