Brixmor Property Group Announces 2024 Tax Reporting Information for Shareholders
Brixmor Property Group Inc. (NYSE: BRX) has recently provided crucial tax reporting information pertaining to its stock distributions for the year 2024. This announcement addresses its shareholders' expectations regarding taxation on their dividends, a vital aspect for many investors closely monitoring their income from equity investments.
Distribution Information Overview
The company has outlined the tax implications for its common shares, specifically detailing the dividends that will be reported on Forms 1099-DIV. Key details include the record dates, payable dates, total distribution amounts, and specific categories of dividends. Here is a summary of the per-share distributions throughout the year:
Record Date | Payable Date | Total Distribution Per Share | Total Ordinary Dividends | Total Capital Gain Distributions | Unrecaptured Sec.1250 Gain | Return of Capital | Section 199A Dividends |
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---- | -- | ------ | ------ | ------- | ------ | --- | ------- |
1/03/2024 | 1/16/2024 | $0.2725 | $0.2725 | $0.0000 | $0.0000 | $0.0000 | $0.2725 |
4/02/2024 | 4/15/2024 | $0.2725 | $0.2725 | $0.0000 | $0.0000 | $0.0000 | $0.2725 |
7/02/2024 | 7/15/2024 | $0.2725 | $0.2725 | $0.0000 | $0.0000 | $0.0000 | $0.2725 |
10/02/2024 | 10/15/2024 | $0.2725 | $0.2725 | $0.0000 | $0.0000 | $0.0000 | $0.2725 |
Total Distribution Summary
Throughout the year, the total distribution amounts to $1.0900 per share, with all of it classified as ordinary dividends. Notably, there are no capital gain distributions or return of capital, which simplifies the tax reporting process for shareholders.
Importance of Clear Communication
Brixmor’s commitment to transparency is evident in its proactive communication strategy regarding financial reporting. By ensuring that shareholders have access to detailed information about dividends, the company is fostering trust and financial literacy among its investor base. This clarity is especially important as investors increasingly seek accurate and accessible information to aid in their financial planning.
Additional Resources
For more comprehensive details, shareholders can access information through Brixmor's official channels. The company's website features sections dedicated to investor relations, where they regularly publish updates and financial reports. Stakeholders are encouraged to keep abreast of Brixmor's announcements on social media platforms like LinkedIn, Facebook, Instagram, and YouTube, which serve as additional touchpoints for engagement and information dissemination.
About Brixmor Property Group
Brixmor operates a significant portfolio within the retail real estate sector, boasting 360 open-air shopping centers across the United States. The firm aims to enhance its community presence by collaborating with a diverse range of retailers, thus solidifying its position as a vital part of the retail landscape. The firm views its properties not just as business assets, but as community hubs where customers can access a variety of shopping experiences.
Investors looking forward to Brixmor’s financial engagements, including earnings releases and conference calls, can find valuable information in the company’s records, ensuring a well-rounded understanding of its business operations and forecasts for the coming years.