NEW YORK--(BUSINESS WIRE)--
Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, 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 Equity One, Inc. common stock (CUSIP #294752100 and traded under ticker symbol EQY) are as follows:
| (Boxes 1a + 2a + 3) |
Box 1a |
Box 2a |
Box 2b |
Box 3 |
||||||||
| Cash | Ordinary | Total | Unrecap | |||||||||
| Record | Payable | Distribution | Taxable | Capital | Sec. 1250 | Nondividend | ||||||
|
Date |
Date |
Per Share |
Dividend (1) |
Gain Distr. |
Gain |
Distributions (2) |
||||||
| 3/17/16 | 3/31/16 | $0.220000 | $0.172707 | $0.000000 | $0.000000 | $0.047293 | ||||||
| 6/16/16 | 6/30/16 | $0.220000 | $0.172707 | $0.000000 | $0.000000 | $0.047293 | ||||||
| 9/16/16 | 9/30/16 | $0.220000 | $0.172707 | $0.000000 | $0.000000 | $0.047293 | ||||||
| 12/17/16 | 12/30/16 | $0.220000 | $0.172707 | $0.000000 | $0.000000 | $0.047293 | ||||||
| Totals | $0.880000 | $0.690828 | $0.000000 | $0.000000 | $0.189172 | |||||||
| (1) None of the ordinary dividend represents “qualified dividend income.” | ||||||||||||
| (2) Amounts in Box 3 are also known as return of capital. | ||||||||||||
Shareholders are advised to consult their tax advisor about the specific tax treatment of Equity One’s 2016 dividends.
ABOUT EQUITY ONE, INC.
As of September 30, 2016, the company’s portfolio comprised 122 properties, including 98 retail properties and five non-retail properties totaling approximately 12.3 million square feet of gross leasable area, or GLA, 13 development or redevelopment properties with approximately 2.8 million square feet of GLA, and six land parcels. As of September 30, 2016, the company’s retail occupancy excluding developments and redevelopments was 95.4% and included national, regional and local tenants. Additionally, the company had joint venture interests in six retail properties and two office buildings totaling approximately 1.4 million square feet of GLA. To be included in the company’s e-mail distributions for press releases and other company notices, please click here or send contact details to Investor Relations at [email protected].
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