Urban Edge Properties Announces Tax Treatment of 2021 Dividend Distributions

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE:UE) announced today the tax treatment of the 2021 dividend distributions on shares of its common stock.

The federal income tax characteristics of the 2021 distributions paid with respect to Urban Edge Properties common stock (CUSIP #91704F104 and traded under ticker symbol UE) are as follows:

			Distribution Type – Per share
Record Date	Payment Date	Distribution Amount per share	Ordinary Taxable Income(1)	Long Term Capital Gains	Return of Capital
3/15/2021	3/31/2021	$0.15	$0.15	$0.00	$0.00
6/15/2021	6/30/2021	$0.15	$0.15	$0.00	$0.00
9/15/2021	9/30/2021	$0.15	$0.15	$0.00	$0.00
12/15/2021	12/31/2021	$0.15	$0.15	$0.00	$0.00
	2021 Totals	$0.60	$0.60	$0.00	$0.00
The 2021 Taxable Ordinary Dividends are treated as "qualified REIT dividends" for purposes of Internal Revenue Code section 199A.

Shareholders are advised to consult their tax advisor about the specific tax treatment of Urban Edge’s 2021 dividends.

ABOUT URBAN EDGE PROPERTIES

Urban Edge Properties is a NYSE-listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 75 properties totaling 17.0 million square feet of gross leasable area.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118005074/en/

Mark Langer, EVP and Chief
Financial Officer
(212) 956-0082

Source: Urban Edge Properties

« More Press Releases

REIT Profile

Urban Edge Properties
Symbol: UE
Exchange: NYSE
Founded: 2014 (10 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail

Compare

REITRating™ (more)

Overall Score: 7.3 | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score.

REITMovers (more)

Latest Price: $18.15
High: $18.32
Low: $18.14
Open: $18.25
Previous Close: $18.28
Volume: 548,790
52-Week High: $18.53
52-Week Low: $13.96

Last updated: 2024-07-05 12:57:01 PST