Post Properties Offers Estimated Income Tax Characteristics of '12 Dividends
Post Properties, Inc. (NYSE: PPS) announced today how it expects its 2012 dividends to be classified for federal income tax purposes. The dividend classifications are shown on the attached chart. Of special note is that for tax reporting purposes, the common stock dividend payable on January 15, 2013 is taxable in year 2013. This release is based on the preliminary results of work on the Company's tax filings and is subject to correction or adjustment when the filings are completed.
The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company's dividends. No material change in these classifications is expected.
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