New Senior Announces Tax Treatment of 2020 Dividends
January 26 2021 - 04:00PM
Business Wire
New Senior Investment Group Inc. (“New Senior” or the “Company”)
(NYSE: SNR) announced today the tax treatment of its 2020 common
stock and preferred stock distribution payments.
Common Stock Dividends
During 2020, distributions for New Senior’s common stock (CUSIP
#648691103) totaled $0.325 per share. The Company’s distributions
in 2020 are considered return of capital, as set forth in more
detail below.
Common Stock (CUSIP #648691103) Record Pay
Cash Ordinary Qualified Long-Term
Unrecaptured Return of Sec. 199A Date
Date Distribution Dividend Dividend(1)
Capital Gain Sec. 1250 Gain(2) Capital
Dividends (3) 3/13/20 3/27/20
$0.130000
$0.000000
$0.000000
$0.000000
$0.000000
$0.130000
$0.000000
6/5/20 6/19/20
$0.065000
$0.000000
$0.000000
$0.000000
$0.000000
$0.065000
$0.000000
9/4/20 9/18/20
$0.065000
$0.000000
$0.000000
$0.000000
$0.000000
$0.065000
$0.000000
12/4/20 12/18/20
$0.065000
$0.000000
$0.000000
$0.000000
$0.000000
$0.065000
$0.000000
Total
$0.325000
$0.000000
$0.000000
$0.000000
$0.000000
$0.325000
$0.000000
Preferred Stock
Dividends
During 2020, distributions for New Senior’s Series A Preferred
Stock totaled $7.27 per share. The Company’s distributions in 2020
are considered return of capital, as set forth in more detail
below.
Series A Preferred Stock Record Pay
Cash Ordinary Qualified Long-Term
Unrecaptured Return of Sec. 199A Date
Date Distribution Dividend Dividend(1)
Capital Gain Sec. 1250 Gain(2) Capital
Dividends (3) 12/31/19 1/15/20
$1.512329
$0.000000
$0.000000
$0.000000
$0.000000
$1.512329
$0.000000
3/31/20 4/15/20
$1.495890
$0.000000
$0.000000
$0.000000
$0.000000
$1.495890
$0.000000
6/30/20 7/15/20
$1.495890
$0.000000
$0.000000
$0.000000
$0.000000
$1.495890
$0.000000
9/30/20 10/15/20
$1.512329
$0.000000
$0.000000
$0.000000
$0.000000
$1.512329
$0.000000
9/30/20 12/31/20
$1.249315
$0.000000
$0.000000
$0.000000
$0.000000
$1.249315
$0.000000
Total
$7.265753
$0.000000
$0.000000
$0.000000
$0.000000
$7.265753
$0.000000
(1)
Qualified Dividend is a subset of, and included in, the Ordinary
Dividend amount.
(2)
Unrecaptured Sec. 1250 Gain is a subset of, and included in, the
Long-Term Capital Gain amount.
(3)
Sec. 199A Dividends is a subset of, and included in, the Ordinary
Dividend amount.
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
distributions in respect of shares of New Senior.
ABOUT NEW SENIOR
New Senior Investment Group Inc. (NYSE: SNR) is a
publicly-traded real estate investment trust with a diversified
portfolio of senior housing properties located across the United
States. New Senior is one of the largest owners of senior housing
properties, with 103 properties across 36 states. More information
about New Senior can be found at www.newseniorinv.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210126005977/en/
Jane Ryu (646) 822 – 3700
New Senior Investment (NYSE:SNR)
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