Urban Edge Properties Announces Tax Treatment of 2018 Dividend Distributions
Urban Edge Properties (NYSE:UE) announced today the tax treatment of the 2018 dividend distributions on shares of its common
stock.
The federal income tax characteristics of the 2018 distributions paid with respect to Urban Edge Properties common stock (CUSIP
#91704F104 and traded under ticker symbol UE) are as follows:
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Distribution Type – Per share |
| Record Date |
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Payment Date |
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Distribution Amount
per share
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Ordinary Taxable Income(1) |
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Long Term Capital Gains |
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Return of Capital |
| 3/15/2018 |
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3/30/2018 |
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$0.22 |
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$0.22 |
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$0.00 |
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$0.00 |
| 6/15/2018 |
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6/29/2018 |
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$0.22 |
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$0.22 |
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$0.00 |
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$0.00 |
| 9/14/2018 |
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9/28/2018 |
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$0.22 |
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$0.22 |
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$0.00 |
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$0.00 |
| 12/14/2018 |
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12/31/2018 |
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$0.22 |
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$0.22 |
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$0.00 |
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$0.00 |
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2018 Totals |
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$0.88 |
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$0.88 |
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$0.00 |
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$0.00 |
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(1) The 2018 Taxable Ordinary Dividends are treated as "qualified REIT dividends" for
purposes of Internal Revenue Code section 199A.
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Shareholders are advised to consult their tax advisor about the specific tax treatment of Urban Edge’s 2018 dividends.
ABOUT URBAN EDGE PROPERTIES
Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping
retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 88 properties totaling 16.3
million square feet of gross leasable area.
For Additional Information:
Mark Langer, EVP and Chief
Financial Officer
New York, NY 10019
(212) 956-0082
View source version on businesswire.com: https://www.businesswire.com/news/home/20190118005063/en/