OAK BROOK, Ill., Jan. 20, 2017 /PRNewswire/ -- Retail
Properties of America, Inc. (NYSE: RPAI or the "Company") today
announced tax allocations of 2016 dividend distributions on its
shares of Class A Common Stock and 7.00% Series A Cumulative
Redeemable Preferred Stock.
For shareholders of RPAI Class A Common Stock and 7.00% Series A
Cumulative Redeemable Preferred Stock, the Form 1099-DIV summarizes
the allocation of the cash dividends paid in 2016. The amounts
indicated on the Form 1099-DIV should be reported on the
shareholders' 2016 federal income tax returns. The schedule below,
presented on a per share basis, is provided for informational
purposes only and should only be used to clarify the Form
1099-DIV.
Investors are advised to consult a legal or tax professional
about the specific tax treatment of distributions paid by the
Company during 2016.
Class A Common Stock (NYSE:
RPAI) CUSIP:
76131V202
Record
Date
|
Payment
Date
|
Distribution Per
Share ($)
|
Ordinary Dividends
($)
|
Non-Dividend
Distributions ($)
|
12/23/2015
|
1/8/2016
|
$
0.1656250
|
$0.1123820
|
$0.0532430
|
3/28/2016
|
4/8/2016
|
$
0.1656250
|
$0.1123820
|
$0.0532430
|
6/27/2016
|
7/8/2016
|
$
0.1656250
|
$0.1123820
|
$0.0532430
|
9/26/2016
|
10/7/2016
|
$
0.1656250
|
$0.1123820
|
$0.0532430
|
|
Total:
|
$
0.6625000
|
$0.4495280
|
$
0.2129720
|
7.00% Series A Cumulative Redeemable Preferred Stock (NYSE:
RPAI-PA) CUSIP: 76131V608
Record
Date
|
Payment
Date
|
Distribution Per
Share ($)
|
Ordinary Dividends
($)
|
Non-Dividend
Distributions ($)
|
3/21/2016
|
3/31/2016
|
$ 0.437500
|
$ 0.437500
|
$ 0.000000
|
6/20/2016
|
6/30/2016
|
$ 0.437500
|
$ 0.437500
|
$ 0.000000
|
9/20/2016
|
9/30/2016
|
$ 0.437500
|
$ 0.437500
|
$ 0.000000
|
12/20/2016
|
12/30/2016
|
$ 0.437500
|
$ 0.437500
|
$ 0.000000
|
|
Total:
|
$ 1.750000
|
$ 1.750000
|
$ 0.000000
|
This release is based on the preliminary results of work on the
Company's tax filings and is subject to correction or adjustment
when the filings are completed. The Company is releasing
information at this time to aid those required to distribute Forms
1099 on the Company's distributions.
About RPAI
Retail Properties of America, Inc. is a
REIT and is one of the largest owners and operators of high
quality, strategically located shopping centers in the United States. As of September 30, 2016, the Company owned 174 retail
operating properties representing 26.5 million square feet. The
Company is publicly traded on the New York Stock Exchange under the
ticker symbol RPAI. Additional information about the Company is
available at www.rpai.com.
Contact Information
Michael
Fitzmaurice, VP – Capital Markets & Investor
Relations
Retail Properties of America, Inc.
630-634-4233
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visit:http://www.prnewswire.com/news-releases/retail-properties-of-america-inc-announces-tax-allocations-of-2016-dividend-distributions-300394345.html
SOURCE Retail Properties of America, Inc.