OAK BROOK, Ill., Jan. 17, 2019 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today announced tax allocations of 2018 dividend distributions on its shares of Class A Common Stock.
For shareholders of RPAI Class A Common Stock, the Form 1099-DIV summarizes the allocation of the 2018 cash dividends. The amounts indicated on the Form 1099-DIV should be reported on the shareholders' 2018 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 the Company's 2018 distributions.
Class A Common Stock (NYSE: RPAI) CUSIP 76131V202 |
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Record Date | Payment Date | Total Distribution Per Share | 2018 Taxable Distribution | Ordinary Dividends | Non-Dividend Distribution | 2017 Taxable Distribution |
12/27/2017 | 1/10/2018 | $ 0.165625 | $ 0.033727 | $ 0.022603 | $ 0.011124 | $0.131898 |
3/27/2018 | 4/10/2018 | $ 0.165625 | $ 0.165625 | $ 0.111000 | $ 0.054625 | N/A |
6/26/2018 | 7/10/2018 | $ 0.165625 | $ 0.165625 | $ 0.111000 | $ 0.054625 | N/A |
9/25/2018 | 10/10/2018 | $ 0.165625 | $ 0.165625 | $ 0.111000 | $ 0.054625 | N/A |
| Total | $ 0.662500 | $ 0.530602 | $ 0.355603 | $ 0.174999 | $ 0.131898 |
Percent of 2018 Total |
| 100.00% | 67.02% | 32.98% |
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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 that owns and operates high quality, strategically located open-air shopping centers, including properties with a mixed-use component. As of September 30, 2018, the Company owned 105 retail operating properties in the United States representing 19.5 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 Gaiden
Vice President – Investor Relations
Retail Properties of America, Inc.
(630) 634-4233
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SOURCE Retail Properties of America, Inc.