RVI - Dividend announcements

Retail Value Inc. announced the tax allocations of 2022 distributions on its common shares. For holders of Retail Value Inc. common shares, the Form 1099-DIV summarizes the allocation of 2022 distributions. The amounts indicated on Form 1099-DIV should be reported on shareholders' 2022 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes and should only be used to clarify the Form 1099-DIV. Please note that the January 18, 2022 distribution was included in the tax allocations for 2021. Common Shares (NYSE:RVI) CUSIP Record Date Ex-Dividend Date Payable Date Ordinary Dividends Total Capital Gain

Retail Value Inc. (NYSE:RVI) today announced operating results for the quarter and year ended December 31, 2021. Financial Results for the Quarter Fourth quarter 2021 net income attributable to common shareholders was $27.7 million, or $1.31 per diluted share, as compared to net loss of $9.5 million, or $0.48 per diluted share, in the year-ago period. The period-over-period increase in net income is primarily attributable to higher gain on disposition of real estate, lower impairment charges and lower interest expense due to the debt repayment partly offset by the impact of asset sales. Fourth quarter 2021 operating funds from operations attributable to common shareholders ("Operating

On January 19, 2022, Retail Value Inc. (NYSE:RVI) announced the tax allocations of 2021 distributions on its common shares. For holders of Retail Value Inc. common shares, the Form 1099-DIV summarizes the allocation of 2021 distributions. The amounts indicated on Form 1099-DIV should be reported on shareholders' 2021 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes and should only be used to clarify the Form 1099-DIV. The entire distribution declared in 2020 was allocated to the 2021 tax year. When the distribution was declared, the amount was based upon taxable income derived from Puerto Rico sources; and therefore, su

On December 15, 2021, Retail Value Inc. (NYSE:RVI) closed on the sale of Willowbrook Plaza (Houston, Texas) for $37.1 million in cash prior to closing costs, prorations and other closing adjustments. Subsequent to the transaction, RVI owns an interest in one property located in the continental U.S. Net proceeds from the transaction of approximately $35.7 million, along with proceeds from the previously announced sale of Green Ridge Square and cash on hand, are expected to be utilized for a special cash distribution on the Company's common shares. Common Share Distribution The Company declared a special cash distribution on its Common Shares of $3.27 per common share payable on January 18

Retail Value Inc. (NYSE:RVI) today announced operating results for the quarter ended September 30, 2021. Financial Results for the Quarter Third quarter 2021 net income attributable to common shareholders was $21.0 million, or $0.99 per diluted share, as compared to net loss of $69.0 million, or $3.48 per diluted share, in the year-ago period. The period-over-period increase in net income is primarily attributable to the reduction of impairment charges in 2021 compared to 2020, higher gain on disposition of real estate, lower interest expense and the impact of the COVID-19 pandemic. Third quarter 2021 operating funds from operations attributable to common shareholders ("Operating FFO"

On October 1, 2021, Retail Value Inc. (NYSE:RVI) closed on the sale of the previously announced portfolio of five continental U.S. properties for $264 million prior to closing costs, prorations and other closing adjustments. Subsequent to the transaction, the Company owns interests in three remaining properties in the continental U.S. Net proceeds received at closing were approximately $242.4 million, excluding $4.4 million of escrows established at closing, which may be released to the Company in the event certain leasing activity is completed within 180 days of closing. Net proceeds from the transaction, as well as cash on hand, are expected to be utilized for cash dividends on the Compa

Retail Value Inc. (NYSE:RVI) today announced operating results for the quarter ended June 30, 2021. Results for the Quarter and Recent Activity Second quarter 2021 net loss attributable to common shareholders was $69.6 million, or $3.30 per diluted share, as compared to net loss of $1.9 million, or $0.10 per share, in the year-ago period. The period-over-period increase in net loss is primarily attributable to impairment charges and asset sales recorded in 2021 partially offset by lower interest expense and the impact of the COVID-19 pandemic. Second quarter 2021 operating funds from operations attributable to common shareholders ("Operating FFO" or "OFFO") was $20.2 million, or $0.96

Retail Value Inc. (NYSE:RVI) today announced operating results for the quarter ended March 31, 2021. Results for the Quarter and Recent Activity First quarter net income attributable to common shareholders was $3.2 million, or $0.15 per diluted share, as compared to net loss of $13.1 million, or $0.66 per share, in the year-ago period. The period-over-period increase in net income is primarily attributable to reduced impairment charges, interest expense and debt extinguishment costs partly offset by reduced rental income stemming from the impact of the COVID-19 pandemic and asset sales. First quarter operating funds from operations attributable to common shareholders ("Operating FFO" o

BEACHWOOD, Ohio--(BUSINESS WIRE)--Retail Value Inc. (NYSE: RVI) today announced operating results for the quarter ended December 31, 2020. Results for the Quarter and Recent Activity Fourth quarter net loss attributable to common shareholders was $9.5 million, or $0.48 per diluted share, as compared to net loss of $39.1 million, or $2.06 per share, in the year-ago period. The period-over-period decrease in net loss is primarily attributable to reduced impairment charges, interest expense and debt extinguishment costs partly offset by reduced rental income stemming from the impact of the COVID-19 pandemic and asset sales. Fourth quarter operating funds from operations attributab

BEACHWOOD, Ohio--(BUSINESS WIRE)--On January 19, 2021, Retail Value Inc. (NYSE:RVI) announced the tax allocations of 2020 distributions on its common shares. The full amount of the distribution declared in 2020 will be allocated to the 2021 distribution requirement due to transactions that closed after the dividend declaration date but before year end. As a result, the entire January 12, 2021 distribution will be reported on the Form 1099-DIV issued in regards to the 2021 tax year and there will be no Form 1099-DIV issued in regards to the 2020 tax year. About RVI RVI is an independent publicly traded company trading under the ticker symbol “RVI” on the New York Stock Exchange.

BEACHWOOD, Ohio--(BUSINESS WIRE)--On January 11, 2021, Retail Value Inc. (NYSE:RVI) announced that its common stock dividend of $1.16 per share payable on January 12, 2021 will be paid with approximately $2.1 million in cash and approximately 1,255,000 common shares after giving effect to the Puerto Rico withholding tax of 10% which is applicable to the full $1.16 per share distribution. Holders of approximately 1.9 million shares elected to receive the distribution in 100% RVI common shares and, after giving effect to the Puerto Rico withholding tax of 10% on the full $1.16 per share distribution, will receive $1.044 per share in RVI common shares. Holders of approximately 17.9