Wheeler Real Estate Investment Trust, Inc. Announces Tax Treatment of 2016 Dividend Distributions
March 08 2017 - 5:45PM
Wheeler Real Estate Investment Trust, Inc.
(NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated,
self-managed commercial real estate investment company focused on
acquiring and managing income-producing retail properties with a
primary focus on grocery-anchored centers, today announced income
tax treatment of its 2016 dividend distributions to the holders of
its common and preferred shares. This information is being
provided to assist shareholders with tax reporting requirements
related to dividend distributions of taxable earnings and profits.
|
|
Share Type |
Cash Dividend Distribution |
Ordinary
IncomeDistribution |
Return of
CapitalDistribution |
|
|
Preferred Series A |
100 |
% |
55.07 |
% |
44.93 |
% |
|
|
|
|
|
|
|
|
Preferred Series B(CUSIP# 963025309) |
100 |
% |
55.07 |
% |
44.93 |
% |
|
|
Preferred Series D(CUSIP# 963025606) |
100 |
% |
55.07 |
% |
44.93 |
% |
|
|
Common Stock(CUSIP# 963025101) |
100 |
% |
0.00 |
% |
100.00 |
% |
Shareholders should review their Forms 1099 as well
as other 2016 tax statements that they have received from their
brokerage firms or other institutions to ensure that the statements
agree with the information provided above. The data provided in
this press release is provided for informational purposes only and
does not constitute tax advice. Stockholders are urged to consult
their own tax advisors regarding any issues or decisions regarding
the proper tax treatment of their shares of Wheeler Real Estate
Investment Trust, Inc.
About Wheeler Real Estate Investment Trust,
Inc.Headquartered in Virginia Beach, VA, Wheeler Real
Estate Investment Trust, Inc. is a fully-integrated, self-managed
commercial real estate investment company focused on acquiring and
managing income-producing retail properties with a primary focus on
grocery-anchored centers. Wheeler’s portfolio contains
well-located, potentially dominant retail properties in secondary
and tertiary markets that generate attractive, risk-adjusted
returns, with a particular emphasis on grocery-anchored retail
centers.
Additional information about Wheeler Real Estate
Investment Trust, Inc. can be found at the Company’s corporate
website: www.whlr.us.
CONTACT:
Wheeler Real Estate Investment Trust, Inc.
Wilkes Graham
Chief Financial Officer
(757) 627-9088
Wilkes@whlr.us
Laura Nguyen
Director of Investor Relations
(757) 627-9088
Laura@whlr.us
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