Tiptree Inc. TIPT announced the income tax treatment of its 2020 common stock distribution payments. Total 2020 distributions to common stockholders were $0.16 per share and are considered return of capital, as set forth below.
CUSIP 88822Q103 |
||||||||
FORM 1099-DIV |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
||
Record Date |
Payment
|
Distribution
|
Ordinary
|
Qualified Dividends |
Capital Gain
|
Unrecaptured
|
Nondividend
|
Section 199A
|
3/23/2020 |
3/30/2020 |
$0.04 |
- |
- |
- |
- |
$0.04 |
- |
5/18/2020 |
5/25/2020 |
$0.04 |
- |
- |
- |
- |
$0.04 |
- |
8/24/2020 |
8/31/2020 |
$0.04 |
- |
- |
- |
- |
$0.04 |
- |
11/23/2020 |
11/30/2020 |
$0.04 |
- |
- |
- |
- |
$0.04 |
- |
Total |
$0.16 |
- |
- |
- |
- |
$0.16 |
- |
Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Tiptree Inc. distributions.
About Tiptree
Tiptree Inc. TIPT is a holding company that allocates capital across a broad spectrum of businesses, assets and other investments. Our principal operating business, Fortegra, is a specialty insurance program underwriter and service provider, which focuses on niche business lines and fee-oriented services. We also allocate capital to a diverse group of select investments that we refer to as Tiptree Capital. For more information, please visit www.tiptreeinc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210127005952/en/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.