SITE CENTERS CORP. BEACHWOOD, Ohio, Jan. 17, 2017 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the tax allocations of 2016 dividend distributions on its common shares and two series of preferred shares.
For shareholders of DDR Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2016 dividends. The amounts indicated on Form 1099-DIV should be reported on shareholders' 2016 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.
Please note that the January 5, 2016, common share distribution is included in the tax allocations for 2016 and the January 5, 2017, common share distribution will be included in the tax allocations for 2017.
Common Shares (NYSE:DDR)
Period CUSIP Record Payable Ordinary Total Return of Total Qualified Unrecaptured
Date Date Dividends Capital Gain Capital (1) Dividends Dividends Sec. 1250
Gain
--- ----
4Q15 23317H102 12/15/2015 01/05/2016 0.079721 0.000000 0.092779 0.172500 0.000000 0.000000
---- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
1Q16 23317H102 03/10/2016 04/05/2016 0.087809 0.000000 0.102191 0.190000 0.000000 0.000000
---- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
2Q16 23317H102 06/09/2016 07/06/2016 0.087809 0.000000 0.102191 0.190000 0.000000 0.000000
---- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
3Q16 23317H102 09/23/2016 10/11/2016 0.087809 0.000000 0.102191 0.190000 0.000000 0.000000
---- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
Total 0.343148 0.000000 0.399352 0.742500 0.000000 0.000000
----- -------- -------- -------- -------- -------- --------
Preferred Class J Depositary Shares (NYSE:DDR_pj)
Period CUSIP Record Payable Ordinary Total Return of Total Qualified Unrecaptured
Date Date Dividends Capital Gain Capital (1) Dividends Dividends Sec. 1250
Gain
--- ----
01/15/16 - 04/14/16 23317H607 04/01/2016 04/15/2016 0.406250 0.000000 0.000000 0.406250 0.000000 0.000000
------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
04/15/16 - 07/14/16 23317H607 07/01/2016 07/15/2016 0.406250 0.000000 0.000000 0.406250 0.000000 0.000000
------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
07/15/16 - 10/13/16 23317H607 09/30/2016 10/14/2016 0.406250 0.000000 0.000000 0.406250 0.000000 0.000000
------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
10/14/16 - 01/14/17 23317H607 12/30/2016 01/17/2017 0.406250 0.000000 0.000000 0.406250 0.000000 0.000000
------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
Total 1.625000 0.000000 0.000000 1.625000 0.000000 0.000000
----- -------- -------- -------- -------- -------- --------
Preferred Class K Depositary Shares (NYSE:DDR_pk)
Period CUSIP Record Payable Ordinary Total Return of Total Qualified Unrecaptured
Date Date Dividends Capital Gain Capital (1) Dividends Dividends Sec. 1250
Gain
--- --- ----
01/15/16 - 04/14/16 23317H805 04/01/2016 04/15/2016 0.390630 0.000000 0.000000 0.390630 0.000000 0.000000
------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
04/15/16 - 07/14/16 23317H805 07/01/2016 07/15/2016 0.390630 0.000000 0.000000 0.390630 0.000000 0.000000
------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
07/15/16 - 10/13/16 23317H805 09/30/2016 10/14/2016 0.390630 0.000000 0.000000 0.390630 0.000000 0.000000
------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
10/14/16 - 01/14/17 23317H805 12/30/2016 01/17/2017 0.390630 0.000000 0.000000 0.390630 0.000000 0.000000
------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- --------
Total 1.562520 0.000000 0.000000 1.562520 0.000000 0.000000
----- -------- -------- -------- -------- -------- --------
(1) Represents a return of stockholders' original investment
About DDR Corp.
DDR is an owner and manager of 319 value-oriented shopping centers representing 106 million square feet in 35 states and Puerto Rico. The Company's assets are concentrated in high barrier-to-entry markets with stable population and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the Company is available at www.ddr.com.
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SOURCE DDR Corp.
