CHICAGO - (January 19, 2017) - GGP announced today the tax reporting information for 2016 distributions on its common stock and 6.375% Series A Cumulative Redeemable Preferred stock as shown below.
Participants should refer to their Federal Form 1099 which will be mailed no later than January 31, 2017 and contact American Stock Transfer & Trust Company, LLC at (866) 627-2643 for further information. Taxability of the 2016 distributions is not necessarily indicative of future distributions.
2016 TAX INFORMATION - Common Stock | ||||||||||||||||||||
Total | Unrecaptured | |||||||||||||||||||
Record | Payable | Type of | Distribution | Total Taxable | Ordinary | Capital Gain | Sec. 1250 | AMTI | 2015 Taxable | 2017 Taxable | ||||||||||
Date | Date | Distribution | Per Share | Distribution | Dividends | Distribution | Gain | Preference | Distribution | Distribution | ||||||||||
12/15/2015 | 1/4/2016 | Cash | $0.190000 | $0.055168 | $0.038354 | $0.016814 | $0.001121 | $0.000290 | $0.134832 | N/A | ||||||||||
4/15/2016 | 4/29/2016 | Cash | $0.190000 | $0.190000 | $0.132091 | $0.057909 | $0.003860 | $0.001000 | N/A | N/A | ||||||||||
7/15/2016 | 7/29/2016 | Cash | $0.190000 | $0.190000 | $0.132091 | $0.057909 | $0.003860 | $0.001000 | N/A | N/A | ||||||||||
10/14/2016 | 10/31/2016 | Cash | $0.200000 | $0.200000 | $0.139043 | $0.060957 | $0.004063 | $0.001053 | N/A | N/A | ||||||||||
12/15/2016 | 1/6/2017 | Cash | $0.220000 | $0.220000 | $0.152948 | $0.067052 | $0.004469 | $0.001158 | N/A | N/A | ||||||||||
12/27/2016 | 1/27/2017 | Cash | $0.260000 | $0.130100 | $0.090448 | $0.039652 | $0.002643 | $0.000685 | N/A | $0.129900 | ||||||||||
TOTAL | $1.250000 | $0.985268 | $0.684975 | $0.300293 | $0.020016 | $0.005186 | $0.134832 | $0.129900 | ||||||||||||
PERCENT OF ANNUAL TOTAL | 100.00% | 69.52% | 30.48% | 2.03% | ||||||||||||||||
2016 TAX INFORMATION - 6.375% Series A Cumulative Redeemable Preferred Stock | ||||||||||||||||||||
Total | Unrecaptured | |||||||||||||||||||
Record | Payable | Type of | Distribution | Total Taxable | Ordinary | Capital Gain | Sec. 1250 | AMTI | 2015 Taxable | 2017 Taxable | ||||||||||
Date | Date | Distribution | Per Share | Distribution | Dividends | Distribution | Gain | Preference | Distribution | Distribution | ||||||||||
3/15/2016 | 4/1/2016 | Cash | $0.398400 | $0.398400 | $0.276975 | $0.121425 | $0.008093 | $0.002097 | N/A | N/A | ||||||||||
6/15/2016 | 7/1/2016 | Cash | $0.398400 | $0.398400 | $0.276975 | $0.121425 | $0.008093 | $0.002097 | N/A | N/A | ||||||||||
9/15/2016 | 10/3/2016 | Cash | $0.398400 | $0.398400 | $0.276975 | $0.121425 | $0.008093 | $0.002097 | N/A | N/A | ||||||||||
12/15/2016 | 1/3/2017 | Cash | $0.398400 | $0.398400 | $0.276975 | $0.121425 | $0.008093 | $0.002097 | N/A | N/A | ||||||||||
TOTAL | $1.593600 | $1.593600 | $1.107900 | $0.485700 | $0.032372 | $0.008388 | $0.000000 | $0.000000 | ||||||||||||
PERCENT OF ANNUAL TOTAL | 100.00% | 69.52% | 30.48% | 2.03% |
About GGP
GGP is an S&P 500 company focused exclusively on owning, managing, leasing and redeveloping high-quality retail properties throughout the United States. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.
General Growth Properties Inc. published this content on 19 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 January 2017 21:26:08 UTC.
Original documenthttp://www.ggp.com/about-ggp/press-releases/ggp-announces-tax-reporting-information-for-2016-distributions
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