BEACHWOOD, Ohio, Jan. 13, 2012 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the tax allocations of 2011 dividend distributions on its common shares and three series of preferred shares.
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For shareholders of DDR Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2011 dividends. The amounts indicated on Form 1099-DIV should be reported on shareholders' 2011 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, 2011 common share distribution is included in the tax allocations for 2011 and the January 6, 2012 common share distribution will be included in the tax allocations for 2012.
Common Shares (NYSE:DDR) Unrecaptured Record Payable Ordinary Total Return of Total Sec. 1250 Period CUSIP (1) Date Date Dividends Capital Gain Capital (2) Dividends Gain ------ -------- ---- ---- --------- ------------ ---------- --------- ---- 4Q10 251591103 12/17/2010 01/05/2011 0.000000 0.000000 0.020000 0.020000 0.000000 ---- --------- ---------- ---------- -------- -------- -------- -------- -------- 1Q11 251591103 03/22/2011 04/05/2011 0.000000 0.000000 0.040000 0.040000 0.000000 ---- --------- ---------- ---------- -------- -------- -------- -------- -------- 2Q11 251591103 06/20/2011 07/06/2011 0.000000 0.000000 0.040000 0.040000 0.000000 ---- --------- ---------- ---------- -------- -------- -------- -------- -------- 3Q11 23317H102 09/27/2011 10/11/2011 0.000000 0.000000 0.060000 0.060000 0.000000 ---- --------- ---------- ---------- -------- -------- -------- -------- -------- Total 0.000000 0.000000 0.160000 0.160000 0.000000 ----- -------- -------- -------- -------- -------- Preferred Class G Depository Shares (NYSE:DDR_pg) Unrecaptured Record Payable Ordinary Total Return of Total Sec. 1250 Period CUSIP Date Date Dividends Capital Gain Capital (2) Dividends Gain ------ ----- ---- ---- --------- ------------ ---------- --------- ---- 12/15/10 - 03/14/11 251591830 03/01/2011 03/15/2011 0.254301 0.000000 0.245699 0.500000 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- 03/15/11 - 04/04/11 251591830 04/04/2011 04/04/2011 0.053686 0.000000 0.051870 0.105556 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- Total 0.307987 0.000000 0.297569 0.605556 0.000000 ----- -------- -------- -------- -------- -------- Preferred Class H Depository Shares (NYSE:DDR_ph) Unrecaptured Record Payable Ordinary Total Return of Total Sec. 1250 Period CUSIP (1) Date Date Dividends Capital Gain Capital (2) Dividends Gain ------ -------- ---- ---- --------- ------------ ---------- --------- ---- 01/15/11 - 04/14/11 251591822 04/01/2011 04/15/2011 0.234435 0.000000 0.226503 0.460938 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- 04/15/11 - 07/14/11 251591822 07/01/2011 07/15/2011 0.234434 0.000000 0.226504 0.460938 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- 07/15/11 - 10/14/11 23317H508 09/30/2011 10/17/2011 0.234434 0.000000 0.226504 0.460938 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- 10/15/11 - 01/14/12 23317H508 12/30/2011 01/17/2012 0.234434 0.000000 0.226504 0.460938 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- Total 0.937737 0.000000 0.906015 1.843752 0.000000 ----- -------- -------- -------- -------- -------- Preferred Class I Depository Shares (NYSE:DDR_pi) Unrecaptured Record Payable Ordinary Total Return of Total Sec. 1250 Period CUSIP (1) Date Date Dividends Capital Gain Capital (2) Dividends Gain ------ -------- ---- ---- --------- ------------ ---------- --------- ---- 01/15/11 - 04/14/11 251591780 04/01/2011 04/15/2011 0.238407 0.000000 0.230343 0.468750 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- 04/15/11 - 07/14/11 251591780 07/01/2011 07/15/2011 0.238408 0.000000 0.230342 0.468750 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- 07/15/11 - 10/14/11 23317H201 09/30/2011 10/17/2011 0.238407 0.000000 0.230343 0.468750 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- 10/15/11 - 01/14/12 23317H201 12/30/2011 01/17/2012 0.238408 0.000000 0.230342 0.468750 0.000000 ------------------- --------- ---------- ---------- -------- -------- -------- -------- -------- Total 0.953630 0.000000 0.921370 1.875000 0.000000 ----- -------- -------- -------- -------- -------- (1) The CUSIP changed as a result of DDR Corp.'s legal name change (2) Represents a return of stockholders' original investment
About DDR
DDR is an owner and manager of 538 primarily open-air, value-oriented shopping centers that leverages its retail knowledge to help tenants be successful and create value for its shareholders. DDR operates a total of 134 million square feet in 41 states, Puerto Rico and Brazil, concentrated in high barrier-to-entry markets with stable populations and high growth potential. 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 symbol DDR. Additional information about the company is available at www.ddr.com.
Safe Harbor
DDR considers portions of the information in this press release to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, with respect to the Company's expectation for future periods. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. For this purpose, any statements contained herein that are not historical fact may be deemed to be forward-looking statements. There are a number of important factors that could cause our results to differ materially from those indicated by such forward-looking statements, including, among other factors, local conditions such as oversupply of space or a reduction in demand for real estate in the area; competition from other available space; dependence on rental income from real property; the loss of, significant downsizing of or bankruptcy of a major tenant; constructing properties or expansions that produce a desired yield on investment; our ability to buy or sell assets on commercially reasonable terms; our ability to complete acquisitions or dispositions of assets under contract; our ability to secure equity or debt financing on commercially acceptable terms or at all; our ability to enter into definitive agreements with regard to our financing and joint venture arrangements or our failure to satisfy conditions to the completion of these arrangements and the success of our capital recycling strategy. For additional factors that could cause the results of the Company to differ materially from those indicated in the forward-looking statements, please refer to the Company's Form 10-K for the year ended December 31, 2010. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
SOURCE DDR Corp.