Equity One Announces Tax Treatment of 2016 Dividend Distributions
January 23 2017 - 4:00PM
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
investorrelations@equityone.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170123005992/en/
Equity One, Inc.Matthew Ostrower, 212-796-1760EVP and Chief
Financial Officer
Equity One (NYSE:EQY)
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