DOWNERS GROVE, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced the tax reporting information for the 2023 distributions on its common stock. The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows:
COMMON SHARES (NYSE: IVT); CUSIP # 46124J201
Record Date |
Payable Date |
Total Distribution Per Share |
Distribution Allocated to 2023 |
Total Ordinary Dividends |
Total Capital Gain Distribution (1) |
Unrecapt Sec. 1250 Gain |
Return of Capital |
Sec. 199A Dividends |
Sec. 897 Ordinary Dividends |
Sec. 897 Capital Gain |
12/29/2022 |
1/13/2023 |
$0.205200 |
$0.205200 |
$0.160992 |
$0.044208 |
- |
- |
$0.160992 |
$0.020159 |
$0.044208 |
3/31/2023 |
4/14/2023 |
$0.215500 |
$0.215500 |
$0.169073 |
$0.046427 |
- |
- |
$0.169073 |
$0.021171 |
$0.046427 |
6/30/2023 |
7/14/2023 |
$0.215500 |
$0.215500 |
$0.169073 |
$0.046427 |
- |
- |
$0.169073 |
$0.021171 |
$0.046427 |
9/30/2023 |
10/13/2023 |
$0.215500 |
$0.215500 |
$0.169073 |
$0.046427 |
- |
- |
$0.169073 |
$0.021171 |
$0.046427 |
12/28/2023 |
1/15/2024 |
$0.215500 |
$0.103000 |
$0.080810 |
$0.022190 |
- |
- |
$0.080810 |
$0.010119 |
$0.022190 |
Totals |
|
$1.067200 |
$0.954700 |
$0.749021 |
$0.205679 |
- |
- |
$0.749021 |
$0.093791 |
$0.205679 |
(1) |
Of the Total Capital Gain Distribution, 0% is excluded under Reg. 1.1061-4(b)(7). The remaining 100% is a Three Year Amount under Reg. 1.1061-6(c). |
Please note, of the $0.215500 per share dividend for holders of record on December 28, 2023, and paid on January 15, 2024, $0.103000 is reported for income tax purposes in 2023 and the remaining $0.112500 will be reported for the tax year 2024.
The information in this document represents the Company’s understanding of the U.S. federal income tax laws and regulations and does not constitute tax advice. It does not purport to be complete or to describe the consequences that may apply to particular categories of stockholders. Each stockholder is urged to consult their advisor as to the specific tax consequences of distributions to such stockholder, including the effect of any state, local, or non-U.S. tax laws, and of changes in applicable tax laws.
About InvenTrust Properties Corp.
InvenTrust Properties Corp. (“we,” the “Company,” “our,” “us,” "IVT" or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component. We pursue our business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance ("ESG") practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2013.
Availability of Information on InvenTrust Properties Corp.'s Website and Social Media Channels
Investors and others should note that InvenTrust routinely announces material information to investors and the marketplace using U.S. Securities and Exchange Commission filings, press releases, public conference calls, webcasts and the InvenTrust investor relations website. The Company uses these channels as well as social media channels (e.g., the InvenTrust Twitter account (twitter.com/inventrustprop); and the InvenTrust LinkedIn account (linkedin.com/company/inventrustproperties) as a means of disclosing information about the Company's business to our colleagues, investors, and the public. While not all of the information that the Company posts to the InvenTrust investor relations website or on the Company’s social media channels is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in InvenTrust to review the information that it shares on www.inventrustproperties.com/investor-relations and on the Company’s social media channels.