OAK BROOK, Ill., Jan. 23, 2019 /PRNewswire/ -- Retail
Properties of America, Inc. (NYSE: RPAI) (the "Company")
today announced additional tax allocation data for 2018 dividend
distributions on its shares of Class A Common Stock. The "Section
199A Dividends" column in the below table supplements the table
included in the original press release issued on January 17, 2019. No other information from the
original press release has been changed.
Class A Common
Stock (NYSE: RPAI)
CUSIP
76131V202
|
|
|
|
2018 Tax
Information
|
|
Record
Date
|
Payment
Date
|
Total
Distribution
Per Share
|
2018
Taxable
Distribution
|
Ordinary
Dividends
|
Non-
Dividend
Distribution
|
Section 199A
Dividends1
|
2017
Taxable
Distribution
|
12/27/2017
|
1/10/2018
|
$ 0.165625
|
$ 0.033727
|
$ 0.022603
|
$ 0.011124
|
$ 0.022603
|
$0.131898
|
3/27/2018
|
4/10/2018
|
$ 0.165625
|
$ 0.165625
|
$ 0.111000
|
$ 0.054625
|
$ 0.111000
|
N/A
|
6/26/2018
|
7/10/2018
|
$ 0.165625
|
$ 0.165625
|
$ 0.111000
|
$ 0.054625
|
$ 0.111000
|
N/A
|
9/25/2018
|
10/10/2018
|
$ 0.165625
|
$ 0.165625
|
$ 0.111000
|
$ 0.054625
|
$ 0.111000
|
N/A
|
|
Total
|
$ 0.662500
|
$ 0.530602
|
$ 0.355603
|
$ 0.174999
|
$ 0.355603
|
$ 0.131898
|
Percent of 2018
Total
|
|
100.00%
|
67.02%
|
32.98%
|
|
|
1 Represents
qualified REIT dividends that may be eligible for the 20% qualified
business income deduction under Section 199A of the Internal
Revenue Code of 1986, as amended, that is available for
non-corporate taxpayers and is included in "Ordinary
Dividends".
|
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 above,
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.
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.