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Forest City announces 2017 dividend income tax treatment

January 24, 2018 8:30 AM

CLEVELAND, Jan. 24, 2018 /PRNewswire/ -- Forest City Realty Trust, Inc., (NYSE: FCEA) today announced the tax treatment of the company's 2017 dividends. The income allocations as they will be reported on Form 1099-DIV are shown in the table below:

Class A Common Stock (CUSIP 345605109)

Taxable

Ex-Dividend

Distribution

Ordinary

Qualified

Capital

Unrecaptured

Return

Record Date

Date

Payable Date

Per Share

Income

Dividend (1)

Gain

1250 Gain (2)

Of Capital

3/13/2017

3/9/2017

3/27/2017

$0.090000

$0.008496

$0.000000

$0.081504

$0.081504

$0.000000

6/9/2017

6/7/2017

6/23/2017

0.090000

0.008496

0.000000

0.081504

0.081504

0.000000

9/5/2017

8/30/2017

9/18/2017

0.140000

0.013217

0.000000

0.126783

0.126783

0.000000

12/20/2016

12/19/2017

12/29/2016

0.140000

0.013217

0.000000

0.126783

0.126783

0.000000

Totals

$0.460000

$0.043426

$0.000000

$0.416574

$0.416574

$0.000000

Class B Common Stock (CUSIP 345605208)

Taxable

Ex-Dividend

Distribution

Ordinary

Qualified

Capital

Unrecaptured

Return

Record Date

Date

Payable Date

Per Share

Income

Dividend (1)

Gain

1250 Gain (2)

Of Capital

3/13/2017

3/9/2017

3/27/2017

$0.090000

$0.008496

$0.000000

$0.081504

$0.081504

$0.000000

6/9/2017

6/7/2017

6/23/2017

0.090000

0.008496

0.000000

0.081504

0.081504

0.000000

9/5/2017

8/30/2017

9/18/2017

0.000000

0.000000

0.000000

0.000000

0.000000

0.000000

12/20/2016

12/19/2017

12/29/2016

0.000000

0.000000

0.000000

0.000000

0.000000

0.000000

Totals

$0.180000

$0.016992

$0.000000

$0.163008

$0.163008

$0.000000

(1)

The per share amount of the ordinary taxable income that should be classified as qualified dividends

(2)

The per share amount of the capital gain that represents unrecaptured 1250 income subject to a 25% tax rate for individuals

Forest City logo (PRNewsfoto/Forest City Realty Trust, Inc.)

About Forest CityForest City Realty Trust, Inc. is a NYSE-listed national real estate company with $8.1 billion in total assets. The company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate throughout the United States. For more information, visit www.forestcity.net.

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SOURCE Forest City Realty Trust, Inc.

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