INDIANAPOLIS, Jan. 15, 2021 /PRNewswire/ -- Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today 2020 year-end tax reporting information.
Simon's fourth quarter 2020 common stock dividend of $1.30 per share was declared on December 15, 2020 to shareholders of record as of December 24, 2020 which is payable on January 22, 2021. Pursuant to relevant U.S. tax rules, the dividend is taxable to our shareholders as part of their 2020 dividend income as shown in the table below.
Simon Property Group, Inc. Common Stock
CUSIP 828806109
Ticker Symbol: SPG
% of | ||||||
Record 2/14/20 | Record 7/10/20 | Record 10/9/20 | Record 12/24/20 | Annual | ||
Dividend Dates | Pmt 2/28/20 | Pmt 7/24/20 | Pmt 10/23/20 | Pmt 1/22/21 | Totals | Total |
Total Distribution per Share | $ 2.100000 | $ 1.300000 | $ 1.300000 | $ 1.300000 | $ 6.000000 | |
Taxable Ordinary Dividends | $ 2.044626 | $ 1.265721 | $ 1.265721 | $ 1.265721 | $ 5.841789 | 97.4% |
Qualified Dividends | $ 0.160171 | $ 0.099153 | $ 0.099153 | $ 0.099153 | $ 0.457630 | |
(included in | ||||||
Taxable Ordinary Dividends) | ||||||
Total Capital Gain Distribution | $ 0.055374 | $ 0.034279 | $ 0.034279 | $ 0.034279 | $ 0.158211 | 2.6% |
Unrecaptured Sec. 1250 Gain | $ 0.005739 | $ 0.003553 | $ 0.003553 | $ 0.003553 | $ 0.016398 | |
(included in | ||||||
Total Capital Gain Distribution) | ||||||
Nondividend Distributions | $ - | $ - | $ - | $ - | $ - | |
Section 199A Dividends (1) | $ 1.884455 | $ 1.166568 | $ 1.166568 | $ 1.166568 | $ 5.384159 | |
Simon Property Group, Inc. 8.375% Series J Cumulative Redeemable Preferred Stock
CUSIP 828806885
Ticker Symbol: SPGPrJ
% of | ||||||
Record 3/17/20 | Record 6/16/20 | Record 9/16/20 | Record 12/17/20 | Annual | ||
Dividend Dates | Pmt 3/31/20 | Pmt 6/30/20 | Pmt 9/30/20 | Pmt 12/31/20 | Totals | Total |
Total Distribution per Share | $ 1.046875 | $ 1.046875 | $ 1.046875 | $ 1.046875 | $ 4.187500 | |
Taxable Ordinary Dividends | $ 1.019270 | $ 1.019270 | $ 1.019270 | $ 1.019270 | $ 4.077080 | 97.4% |
Qualified Dividends | $ 0.079847 | $ 0.079847 | $ 0.079847 | $ 0.079847 | $ 0.319388 | |
(included in | ||||||
Taxable Ordinary Dividends) | ||||||
Total Capital Gain Distribution | $ 0.027605 | $ 0.027605 | $ 0.027605 | $ 0.027605 | $ 0.110420 | 2.6% |
Unrecaptured Sec. 1250 Gain | $ 0.002861 | $ 0.002861 | $ 0.002861 | $ 0.002861 | $ 0.011444 | |
(included in | ||||||
Total Capital Gain Distribution) | ||||||
Nondividend Distributions | $ - | $ - | $ - | $ - | $ - | |
Section 199A Dividends (1) | $ 0.939423 | $ 0.939423 | $ 0.939423 | $ 0.939423 | $ 3.757692 | |
(1) | Under Section 199A, REIT dividends are eligible for a 20% deduction when received by eligible taxpayers. Please consult your tax advisor for proper tax treatment of the dividend distribution. |
THIS INFORMATION REPRESENTS (check one):
X | FINAL INCOME ALLOCATIONS | |
ESTIMATED INCOME ALLOCATIONS | ||
About Simon
Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company ((Simon Property Group, NYSE:SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. For more information, visit simon.com.
SOURCE Simon
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