Brookfield Property REIT Inc. Announces Tax Reporting Information for 2020 Distributions on Shares of Brookfield Property REIT Inc.
BROOKFIELD NEWS, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Brookfield Property REIT Inc. (NASDAQ: BPYU) announced today the tax reporting information for 2020 distributions on its Class A Stock and 6.375% Series A Cumulative Redeemable Preferred stock (NASDAQ: BPYUP) as shown below.
| 2020 TAX INFORMATION - BPYU Class A Stock | ||||||||||||||||||
| Total | Box 1a | Box 2a | Box 3 | |||||||||||||||
| Record | Payable | Type of | 2020 Distribution | Total Taxable | Ordinary | Capital Gain | Nondividend | |||||||||||
| Date | Date | Distribution | Per Share | Distribution | Dividends | Distribution | Distribution | |||||||||||
| 2/28/2020 | 3/31/2020 | Cash | $0.332500 | $0.000000 | $0.000000 | $0.000000 | $0.332500 | |||||||||||
| 5/29/2020 | 6/30/2020 | Cash | $0.332500 | $0.000000 | $0.000000 | $0.000000 | $0.332500 | |||||||||||
| 8/31/2020 | 9/30/2020 | Cash | $0.332500 | $0.000000 | $0.000000 | $0.000000 | $0.332500 | |||||||||||
| 11/30/2020 | 12/31/2020 | Cash | $0.332500 | $0.000000 | $0.000000 | $0.000000 | $0.332500 | |||||||||||
| TOTAL | $1.330000 | $0.000000 | $0.000000 | $0.000000 | $1.330000 | |||||||||||||
| PERCENT OF ANNUAL TOTAL | 0.00% | 0.00% | 0.00% | 100.00% | ||||||||||||||
| 2020 TAX INFORMATION - BPYUP 6.375% Series A Cumulative Redeemable Preferred Stock | ||||||||||||||||||
| Total | Box 1a | Box 2a | Box 3 | |||||||||||||||
| Record | Payable | Type of | 2020 Distribution | Total Taxable | Ordinary | Capital Gain | Nondividend | 2021 Taxable | ||||||||||
| Date | Date | Distribution | Per Share | Distribution | Dividends | Distribution | Distribution | Distribution | ||||||||||
| 12/13/2019 | 1/1/2020 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.3984375 | N/A | ||||||||||
| 3/15/2020 | 4/1/2020 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.3984375 | N/A | ||||||||||
| 6/15/2020 | 7/1/2020 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.3984375 | N/A | ||||||||||
| 9/15/2020 | 10/1/2020 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.3984375 | N/A | ||||||||||
| 12/15/2020 | 1/1/2021 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.000000 | $0.3984375 | ||||||||||
| TOTAL | $1.9921875 | $0.000000 | $0.000000 | $0.000000 | $1.593750 | $0.3984375 | ||||||||||||
| PERCENT OF ANNUAL TOTAL | 0.00% | 0.00% | 0.00% | 100.00% | ||||||||||||||
Participants should refer to their Federal Form 1099 which will be mailed no later than January 31, 2021. Registered holders of Brookfield Property REIT Inc. should contact American Stock Transfer & Trust Company, LLC at (800) 937-5449 for further information while beneficial owners should contact their broker with any questions pertaining to their tax forms.
Pertinent forms 8937 were published on the company website: bpy.brookfield.com/bpyu.
Taxability of the 2020 distributions is not necessarily indicative of future distributions.
Brookfield Property REIT Inc. (“BPYU”) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (“BPY”) one of the world’s premier real estate companies, with approximately $88 billion in total assets. BPYU was created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of a U.S. REIT stock.
Brookfield Property Partners owns and operates iconic properties in the world’s major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, self-storage, triple net lease, manufactured housing and student housing.
Further information is available at bpy.brookfield.com/bpyu.
Brookfield Contact:
Matthew Cherry
Senior Vice President, Investor Relations
Tel: (212) 417-7488 / Email: matthew.cherry@brookfield.com
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Most Discussed
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10