SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced the tax allocations of 2024 distributions on its common shares and preferred shares.
For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2024 distributions, including the spin-off of Curbline Properties Corp. (NYSE: CURB). The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2024 federal income tax returns. The schedule below, presented in dollars on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.
Common Shares (NYSE: SITC)
Period |
CUSIP |
Record
|
Payable
|
Ordinary
|
Total
|
Return of
|
Total
|
Section
|
Unrecaptured
|
4Q23 |
82981J851 |
12/11/2023 |
01/05/2024 |
$0.000000 |
$0.037501 |
$0.092499 |
$ 0.130000 |
$0.000000 |
$0.019962 |
1Q24 |
82981J851 |
03/14/2024 |
04/05/2024 |
$0.000000 |
$0.037501 |
$0.092499 |
$ 0.130000 |
$0.000000 |
$0.019962 |
2Q24 |
82981J851 |
06/18/2024 |
07/09/2024 |
$0.000000 |
$0.037501 |
$0.092499 |
$ 0.130000 |
$0.000000 |
$0.019962 |
CURB SPIN-OFF |
82981J851 |
09/23/2024 |
10/01/2024 |
$0.000000 |
$12.859807 |
$31.720193 |
$44.580000 |
$0.000000 |
$6.845400 |
Total |
|
|
|
$0.000000 |
$12.972310 |
$31.997690 |
$44.970000 |
$0.000000 |
$6.905286 |
Preferred Class A Depositary Shares (NYSE: SITC_pa)
Period |
CUSIP |
Record
|
Payable
|
Ordinary
|
Total
|
Return of
|
Total
|
Section
|
Unrecaptured
|
01/15/24 – 04/14/24 |
82981J877 |
03/28/2024 |
04/15/2024 |
$0.000000 |
$0.398440 |
$0.000000 |
$0.398440 |
$0.000000 |
$0.398440 |
04/15/24– 07/14/24 |
82981J877 |
06/28/2024 |
07/15/2024 |
$0.000000 |
$0.398440 |
$0.000000 |
$0.398440 |
$0.000000 |
$0.398440 |
07/15/24 – 10/14/24 |
82981J877 |
09/30/2024 |
10/15/2024 |
$0.000000 |
$0.398440 |
$0.000000 |
$0.398440 |
$0.000000 |
$0.398440 |
10/15/24 – 11/26/24 |
82981J877 |
11/26/2024 |
11/26/2024 |
$0.000000 |
$0.181500 |
$0.000000 |
$0.181500 |
$0.000000 |
$0.181500 |
Total |
|
|
|
$0.000000 |
$1.376820 |
$0.000000 |
$1.376820 |
$0.000000 |
$1.376820 |
About SITE Centers Corp.
SITE Centers is an owner and manager of open-air shopping centers primarily located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the NYSE under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250128201620/en/
Contacts
For additional information:
Gerry Morgan, EVP and
Chief Financial Officer
216-755-5500
