Tiptree Inc. ("Tiptree”) (NASDAQ:TIPT) announced the income tax treatment of its 2023 common stock distribution payments. Total 2023 distributions to common stockholders were $0.20 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
Date
|
Distribution
Per Share
|
Ordinary
Dividends
|
Qualified
Dividends
|
Capital Gain
Distributions
|
Unrecaptured
Section 1250
Gain
|
Nondividend
Distributions
|
Section 199A
Dividends
|
|
3/20/2023
|
3/27/2023
|
$0.05
|
-
|
-
|
-
|
-
|
$0.05
|
-
|
|
5/22/2023
|
5/30/2023
|
$0.05
|
-
|
-
|
-
|
-
|
$0.05
|
-
|
|
8/21/2023
|
8/28/2023
|
$0.05
|
-
|
-
|
-
|
-
|
$0.05
|
-
|
|
11/20/2023
|
11/27/2023
|
$0.05
|
-
|
-
|
-
|
-
|
$0.05
|
-
|
|
Total
|
$0.20
|
-
|
-
|
-
|
-
|
$0.20
|
-
|
Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Tiptree Inc. distributions.
About Tiptree
Tiptree Inc. (NASDAQ: TIPT) allocates capital to select small and middle market companies with the mission of building long-term value. Established in 2007, Tiptree has a significant track record investing across a variety of industries and asset types, including the insurance, asset management, specialty finance, real estate and shipping sectors. With proprietary access and a flexible capital base, Tiptree seeks to uncover compelling investment opportunities and support management teams in unlocking the full value potential of their businesses.
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