Urstadt Biddle Properties Inc. Announces Tax Treatment For 2022 Distributions
Urstadt Biddle Properties Inc. (NYSE:UBA) today announced the tax treatment of its 2022 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of Urstadt Biddle Properties Inc.'s Common, Class A Common and Preferred shares during the calendar year ended December 31, 2022.
Common - CUSIP 917286106 |
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Shown as Dollars ($) |
||||||||||||
Payment Date |
Distributions Per Share |
Non- Qualifying Ord. Income (1a) |
Total Long-Term Capital Gain (2a) |
Unrecaptured Sec. 1250 Gain (2b) |
Return of Capital (3) |
Section 199A Dividends (5) |
||||||
1/14/22 |
$ |
0.2145 |
$ |
0.207043 |
$ |
0.00 |
$ |
0.004264 |
$ |
0.003193 |
$ |
0.207043 |
4/14/22 |
$ |
0.2145 |
$ |
0.207043 |
$ |
0.00 |
$ |
0.004264 |
$ |
0.003193 |
$ |
0.207043 |
7/15/22 |
$ |
0.2145 |
$ |
0.207043 |
$ |
0.00 |
$ |
0.004264 |
$ |
0.003193 |
$ |
0.207043 |
10/14/22 |
$ |
0.2145 |
$ |
0.207043 |
$ |
0.00 |
$ |
0.004264 |
$ |
0.003193 |
$ |
0.207043 |
TOTAL |
$ |
0.858 |
$ |
0.828172 |
$ |
0.00 |
$ |
0.017056 |
$ |
0.012772 |
$ |
0.828172 |
Shown as a Percentage (%) |
||||||||||||
Payment Date |
Distributions Per Share |
Non- Qualifying Ord. Income (1a) |
Total Long-Term Capital Gain (2a) |
Unrecaptured Sec. 1250 Gain (2b) |
Return of Capital (3) |
Section 199A Dividends (5) |
||||||
1/14/22 |
$ |
0.2145 |
96.5235 |
% |
0 |
% |
1.9879 |
% |
1.4886 |
% |
96.5235 |
% |
4/14/22 |
$ |
0.2145 |
96.5235 |
% |
0 |
% |
1.9879 |
% |
1.4886 |
% |
96.5235 |
% |
7/15/22 |
$ |
0.2145 |
96.5235 |
% |
0 |
% |
1.9879 |
% |
1.4886 |
% |
96.5235 |
% |
10/14/22 |
$ |
0.2145 |
96.5235 |
% |
0 |
% |
1.9879 |
% |
1.4886 |
% |
96.5235 |
% |
TOTAL |
$ |
0.858 |
96.5235 |
% |
0 |
% |
1.9879 |
% |
1.4886 |
% |
96.5235 |
% |
Class A Common - CUSIP 917286205 |
||||||||||||
Shown as Dollars ($) |
||||||||||||
Payment Date |
Distributions Per Share |
Non- Qualifying Ord. Income (1a) |
Total Long-Term Capital Gain (2a) |
Unrecaptured Sec. 1250 Gain (2b) |
Return of Capital (3) |
Section 199A Dividends (5) |
||||||
1/14/22 |
$ |
0.2375 |
$ |
0.229244 |
$ |
0.00 |
$ |
0.004721 |
$ |
0.003535 |
$ |
0.229244 |
4/14/22 |
$ |
0.2375 |
$ |
0.229244 |
$ |
0.00 |
$ |
0.004721 |
$ |
0.003535 |
$ |
0.229244 |
7/15/22 |
$ |
0.2375 |
$ |
0.229244 |
$ |
0.00 |
$ |
0.004721 |
$ |
0.003535 |
$ |
0.229244 |
10/14/22 |
$ |
0.2375 |
$ |
0.229244 |
$ |
0.00 |
$ |
0.004721 |
$ |
0.003535 |
$ |
0.229244 |
TOTAL |
$ |
0.95 |
$ |
0.916976 |
$ |
0.00 |
$ |
0.018884 |
$ |
0.01414 |
$ |
0.916976 |
Shown as a Percentage (%) |
||||||||||||
Payment Date |
Distributions Per Share |
Non- Qualifying Ord. Income (1a) |
Total Long-Term Capital Gain (2a) |
Unrecaptured Sec. 1250 Gain (2b) |
Return of Capital (3) |
Section 199A Dividends (5) |
||||||
1/14/22 |
$ |
0.2375 |
96.5238 |
% |
0 |
% |
1.9878 |
% |
1.4884 |
% |
96.5238 |
% |
4/14/22 |
$ |
0.2375 |
96.5238 |
% |
0 |
% |
1.9878 |
% |
1.4884 |
% |
96.5238 |
% |
7/15/22 |
$ |
0.2375 |
96.5238 |
% |
0 |
% |
1.9878 |
% |
1.4884 |
% |
96.5238 |
% |
10/14/22 |
$ |
0.2375 |
96.5238 |
% |
0 |
% |
1.9878 |
% |
1.4884 |
% |
96.5238 |
% |
TOTAL |
$ |
0.95 |
96.5238 |
% |
0 |
% |
1.9878 |
% |
1.4884 |
% |
96.5238 |
% |
6.25% Series H Cumulative Redeemable Preferred - CUSIP 917286882 |
||||||||||||
Shown as Dollars ($) |
||||||||||||
Payment Date |
Distributions Per Share |
Non- Qualifying Ord. Income (1a) |
Total Long-Term Capital Gain (2a) |
Unrecaptured Sec. 1250 Gain (2b) |
Return of Capital (3) |
Section 199A Dividends (5) |
||||||
1/31/22 |
$ |
0.390625 |
$ |
0.390625 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.390625 |
4/29/22 |
$ |
0.390625 |
$ |
0.390625 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.390625 |
7/29/22 |
$ |
0.390625 |
$ |
0.390625 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.390625 |
10/28/22 |
$ |
0.390625 |
$ |
0.390625 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.390625 |
TOTAL |
$ |
1.5625 |
$ |
1.5625 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
1.5625 |
Shown as a Percentage (%) |
||||||||||||
Payment Date |
Distributions Per Share |
Non- Qualifying Ord. Income (1a) |
Total Long-Term Capital Gain (2a) |
Unrecaptured Sec. 1250 Gain (2b) |
Return of Capital (3) |
Section 199A Dividends (5) |
||||||
1/31/22 |
$ |
0.390625 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
4/29/22 |
$ |
0.390625 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
7/29/22 |
$ |
0.390625 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
10/28/22 |
$ |
0.390625 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
TOTAL |
$ |
1.5625 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
5.875% Series K Cumulative Redeemable Preferred - CUSIP 917286874 |
||||||||||||
Shown as Dollars ($) |
||||||||||||
Payment Date |
Distributions Per Share |
Non- Qualifying Ord. Income (1a) |
Total Long-Term Capital Gain (2a) |
Unrecaptured Sec. 1250 Gain (2b) |
Return of Capital (3) |
Section 199A Dividends (5) |
||||||
1/31/22 |
$ |
0.3672 |
$ |
0.3672 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.3672 |
4/29/22 |
$ |
0.3672 |
$ |
0.3672 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.3672 |
7/29/22 |
$ |
0.3672 |
$ |
0.3672 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.3672 |
10/28/22 |
$ |
0.3672 |
$ |
0.3672 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
0.3672 |
TOTAL |
$ |
1.4688 |
$ |
1.4688 |
$ |
0.00 |
$ |
0.00 |
$ |
0.00 |
$ |
1.4688 |
Shown as a Percentage (%) |
||||||||||||
Payment Date |
Distributions Per Share |
Non- Qualifying Ord. Income (1a) |
Total Long-Term Capital Gain (2a) |
Unrecaptured Sec. 1250 Gain (2b) |
Return of Capital (3) |
Section 199A Dividends (5) |
||||||
1/31/22 |
$ |
0.3672 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
4/29/22 |
$ |
0.3672 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
7/29/22 |
$ |
0.3672 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
10/28/22 |
$ |
0.3672 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
TOTAL |
$ |
1.4688 |
100 |
% |
0 |
% |
0 |
% |
0 |
% |
100 |
% |
Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company
Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 77 properties containing approximately 5.3 million square feet of space consisting primarily of neighborhood and community shopping centers, anchored by supermarkets, pharmacy/drug-stores and wholesale clubs, located in the metropolitan tri-state area outside of the City of New York. Listed on the New York Stock Exchange since 1970, it provides investors with a means of participating in ownership of income-producing properties. It has paid 212 consecutive quarters of uninterrupted dividends to its shareholders since its inception.
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