GGP Inc. (NYSE: GGP) announced today the tax reporting information for 2017 distributions on its common stock and 6.375% Series A Cumulative Redeemable Preferred stock as shown below.
Participants should refer to their Federal Form 1099 which will be mailed no later than January 31, 2018 and contact American Stock Transfer & Trust Company, LLC at (866) 627-2643 for further information. Taxability of the 2017 distributions is not necessarily indicative of future distributions.
| 2017 TAX INFORMATION - Common Stock | ||||||||||||||||||||
| Total | Box 1a | Box 1b | ||||||||||||||||||
| Record | Payable | Type of | Distribution | Total Taxable | Ordinary | Qualified | Capital Gain | AMTI | 2016 Taxable | 2018 Taxable | ||||||||||
| Date | Date | Distribution | Per Share | Distribution | Dividends | Dividends | Distribution | Preference | Distribution | Distribution | ||||||||||
| 12/27/2016 | 1/27/2017 | Cash | $0.260000 | $0.129900 | $0.129900 | $0.011321 | $0.000000 | $0.000495 | $0.130100 | N/A | ||||||||||
| 4/13/2017 | 4/28/2017 | Cash | $0.220000 | $0.220000 | $0.220000 | $0.019173 | $0.000000 | $0.000838 | N/A | N/A | ||||||||||
| 7/13/2017 | 7/28/2017 | Cash | $0.220000 | $0.220000 | $0.220000 | $0.019173 | $0.000000 | $0.000838 | N/A | N/A | ||||||||||
| 10/13/2017 | 10/31/2017 | Cash | $0.220000 | $0.220000 | $0.220000 | $0.019173 | $0.000000 | $0.000838 | N/A | N/A | ||||||||||
| 12/15/2017 | 1/5/2018 | Cash | $0.220000 | $0.070830 | $0.070830 | $0.006173 | $0.000000 | $0.000270 | N/A | $0.149170 | ||||||||||
| TOTAL | $1.140000 | $0.860730 | $0.860730 | $0.075013 | $0.000000 | $0.003279 | $0.130100 | $0.149170 | ||||||||||||
| PERCENT OF ANNUAL TOTAL | 100.00% | 100.00% | 8.72% | 0.00% | ||||||||||||||||
| 2017 TAX INFORMATION - 6.375% Series A Cumulative Redeemable Preferred Stock | ||||||||||||||||||||
| Total | Box 1a | Box 1b | ||||||||||||||||||
| Record | Payable | Type of | Distribution | Total Taxable | Ordinary | Qualified | Capital Gain | AMTI | 2016 Taxable | 2018 Taxable | ||||||||||
| Date | Date | Distribution | Per Share | Distribution | Dividends | Dividends | Distribution | Preference | Distribution | Distribution | ||||||||||
| 3/15/2017 | 4/3/2017 | Cash | $0.398400 | $0.398400 | $0.398400 | $0.034721 | $0.000000 | $0.001517 | N/A | N/A | ||||||||||
| 6/15/2017 | 7/3/2017 | Cash | $0.398400 | $0.398400 | $0.398400 | $0.034721 | $0.000000 | $0.001517 | N/A | N/A | ||||||||||
| 9/15/2017 | 10/2/2017 | Cash | $0.398400 | $0.398400 | $0.398400 | $0.034721 | $0.000000 | $0.001517 | N/A | N/A | ||||||||||
| 12/15/2017 | 1/2/2018 | Cash | $0.398400 | $0.398400 | $0.398400 | $0.034721 | $0.000000 | $0.001517 | N/A | N/A | ||||||||||
| TOTAL | $1.593600 | $1.593600 | $1.593600 | $0.138884 | $0.000000 | $0.006068 | $0.000000 | $0.000000 | ||||||||||||
| PERCENT OF ANNUAL TOTAL | 100.00% | 100.00% | 8.72% | 0.00% | ||||||||||||||||
GGP
GGP is an S&P 500 company focused exclusively on owning, managing, leasing, and redeveloping high-quality retail properties throughout the United States. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180119005694/en/
Contacts:
GGP Inc.
Kevin Berry, SVP
Investor & Public Relations
kevin.berry@ggp.com
(312)
960-5529
