27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Excel Trust Announces Tax Treatment of 2012 Dividend Distributions
SAN DIEGO, January 23, 2013 -Excel Trust, Inc. (NYSE: EXL), a retail focused real estate investment trust (REIT), announced today the tax treatment of its 2012 dividend distributions.
The company's total dividend distributions per share of common stock (CUSIP #30068C109) are to be classified for income tax purposes as follows:
Security Description | Record Date | Payable Date | Total Distribution Per Share | 2012 Taxable Ordinary Dividend | 2012 Total Capital Gain Distribution | 2012 Unrecaptured Section 1250 Gain | 2012 Return of Capital |
Common Stock | 12/31/2011 | 1/16/2012 | $0.1600 | $0.105264 | - | - | $0.054736 |
Common Stock | 3/31/2012 | 4/16/2012 | $0.1625 | $0.106908 | - | - | $0.055592 |
Common Stock | 6/30/2012 | 7/16/2012 | $0.1625 | $0.106908 | - | - | $0.055592 |
Common Stock | 9/28/2012 | 10/15/2012 | $0.1625 | $0.106908 | - | - | $0.055592 |
Distributions per share of Series A Cumulative Convertible Perpetual Preferred Stock (CUSIP#30068C208) are to be classified for income tax purposes as follows:
Security Description | Record Date | Payable Date | Total Distribution Per Share | 2012 Taxable Ordinary Dividend | 2012 Total Capital Gain Distribution | 2012 Unrecaptured Section 1250 Gain | 2012 Return of Capital |
Series A Preferred | 12/31/2011 | 1/16/2012 | $0.4375 | $0.4375 | - | - | - |
Series A Preferred | 3/31/2012 | 4/16/2012 | $0.4375 | $0.4375 | - | - | - |
Series A Preferred | 6/30/2012 | 7/16/2012 | $0.4375 | $0.4375 | - | - | - |
Series A Preferred | 9/28/2012 | 10/15/2012 | $0.4375 | $0.4375 | - | - | - |
Distributions per share of Series B Cumulative Redeemable Preferred Stock (CUSIP#30068C307) are to be classified for income tax purposes as follows:
Security Description | Record Date | Payable Date | Total Distribution Per Share | 2012 Taxable Ordinary Dividend | 2012 Total Capital Gain Distribution | 2012 Unrecaptured Section 1250 Gain | 2012 Return of Capital |
Series B Preferred | 3/31/2012 | 4/16/2012 | $0.423177 | $0.423177 | - | - | - |
Series B Preferred | 6/30/2012 | 7/16/2012 | $0.5078 | $0.5078 | - | - | - |
Series B Preferred | 9/28/2012 | 10/15/2012 | $0.5078 | $0.5078 | - | - | - |
Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Excel Trust's distributions.
About Excel Trust
Excel Trust, Inc. is a retail focused REIT that targets community and power centers, grocery anchored neighborhood centers and freestanding retail properties. The Company has elected to be treated as a REIT, for U.S. federal income tax purposes. Excel Trust trades publicly on the NYSE under the symbol "EXL". For more information on Excel Trust, Inc., please visit www.exceltrust.com.
SOURCE: Excel Trust, Inc.
Excel Trust, Inc.
Matt Romney, SVP, Capital Markets
(858) 613-1800
info@exceltrust.com
www.exceltrust.com
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Excel Trust, Inc. via Thomson Reuters ONE
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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