UDR,
Inc. (NYSE: UDR), reported today the tax status of its 2014
dividends paid to shareholders. Details on the classifications of the
dividends are included in the table below:
Payment Date
Distribution Per Share
Ordinary Taxable Dividend
Qualified Ordinary
Long-Term Gain
Unrecaptured Section 1250 Gain
Return of Capital
Common Shares:
1/31/2014
0.23500
68.477%
13.659%
10.328%
7.536%
0.000%
4/30/2014
0.26000
68.477%
13.659%
10.328%
7.536%
0.000%
7/31/2014
0.26000
68.477%
13.659%
10.328%
7.536%
0.000%
10/31/2014
0.26000
68.477%
13.659%
10.328%
7.536%
0.000%
Total
$1.01500
Preferred Shares Series E:
1/31/2014
0.33220
68.477%
13.659%
10.328%
7.536%
0.000%
4/30/2014
0.33220
68.477%
13.659%
10.328%
7.536%
0.000%
7/31/2014
0.33220
68.477%
13.659%
10.328%
7.536%
0.000%
10/31/2014
0.33220
68.477%
13.659%
10.328%
7.536%
0.000%
Total
$1.32880
Shareholders of record of the Company's common and preferred stock will
receive an Internal Revenue Service Form 1099-DIV from Wells Fargo
Shareowner Services, the Company's 2014 dividend paying agent. The form
will report the dividends paid and the amounts designated as total
ordinary dividends, qualified dividends, total capital gains,
unrecaptured section 1250 gains, and nontaxable dividends. If shares
were held in "street name" during 2014, the IRS form will be provided by
a bank, brokerage firm, or nominee. Because the Company's tax return has
not yet been filed for the year ended December 31, 2014, the dividend
income tax allocations presented herein have been calculated using the
best available information to date.
The tax treatment of these dividends by state and local authorities
varies and may not be the same as the IRS's treatment. Because federal
and state tax laws affect individuals differently, the Company cannot
advise shareholders on how dividends should be reported on their tax
returns. The Company encourages shareholders to consult with their own
tax advisors with respect to the federal, state and local income tax
consequences of these dividends.
About UDR, Inc.
UDR, Inc. (NYSE:UDR),
an S&P 400 company, is a leading multifamily real estate investment
trust with a demonstrated performance history of delivering superior and
dependable returns by successfully managing, buying, selling, developing
and redeveloping attractive real estate properties in targeted U.S.
markets. As of September 30, 2014, UDR owned or had an ownership
position in 51,699 apartment homes including 1,431 homes under
development. For 42 years, UDR has delivered long-term value to
shareholders, the best standard of service to residents and the highest
quality experience for associates. Additional information can be found
on the Company's website at www.udr.com.
