INDIANAPOLIS--(BUSINESS WIRE)--
Kite Realty Group Trust (NYSE: KRG) announced today that the tax of its
2014 dividend distributions for the Company’s common shares of
beneficial interest represents 71.85 percent ordinary income, 0.00
percent capital gain, and 28.15 percent return of capital. The
allocations on the common shares for 2014 were based upon the annual
dividend distribution of $1.02 per share.
The tax allocation of its 2014 dividend distributions for the Company’s
Series A cumulative redeemable perpetual preferred shares represents 100
percent ordinary income. The allocations on the preferred shares for
2014 were based upon the annual dividend distributions of $2.0625 per
share.
|
|
|
Common Shares
|
CUSIP
|
|
|
Record
Date
|
|
|
Payable
Date
|
|
|
Total
Distribution
per Share
|
|
|
Ordinary
Dividend
|
|
|
Capital
Gain
Distribution
|
|
|
Non-Taxable
Distribution
|
|
49803T102
| | | 1/6/2014 | | | 1/13/2014 | | |
$
|
0.240000
| | |
$
|
0.172448
| | |
$
|
0.000000
| | |
$
|
0.067552
|
|
49803T102
| | | 4/7/2014 | | | 4/14/2014 | | | |
0.260000
| | | |
0.186818
| | | |
0.000000
| | | |
0.073182
|
|
49803T102
| | | 6/24/2014 | | | 7/1/2014 | | | |
0.260000
| | | |
0.186818
| | | |
0.000000
| | | |
0.073182
|
|
49803T300
| | | 10/6/2014 | | | 10/13/2014 | | | |
0.260000
| | | |
0.186818
| | | |
0.000000
| | | |
0.073182
|
| | | | | | | | |
$
|
1.020000
| | |
$
|
0.732902
| | |
$
|
0.000000
| | |
$
|
0.287098
|
| | | | | | | | | | | | | |
71.85%
| | | |
0.00%
| | | |
28.15%
|
| | | | | | | | | | | | | | | | | | | | | |
|
|
Preferred Shares
|
|
CUSIP
|
|
|
Record
Date
|
|
|
Payable
Date
|
|
|
Total
Distribution
per Share
|
|
|
Ordinary
Dividend
|
|
|
Capital
Gain
Distribution
|
|
|
Non-Taxable
Distribution
|
|
49803T201
| | | 2/21/2014 | | | 3/1/2014 | | |
$
|
0.515625
| | |
$
|
0.515625
| | |
$
|
0.000000
| | |
$
|
0.000000
|
|
49803T201
| | | 5/21/2014 | | | 6/1/2014 | | | |
0.515625
| | | |
0.515625
| | | |
0.000000
| | | |
0.000000
|
|
49803T201
| | | 8/22/2014 | | | 9/1/2014 | | | |
0.515625
| | | |
0.515625
| | | |
0.000000
| | | |
0.000000
|
|
49803T201
| | | 11/27/2014 | | | 12/1/2014 | | | |
0.515625
| | | |
0.515625
| | | |
0.000000
| | | |
0.000000
|
| | | | | | | | |
$
|
2.062500
| | |
$
|
2.062500
| | |
$
|
0.000000
| | |
$
|
0.000000
|
| | | | | | | | | | | | | |
100.00%
| | | |
0.00%
| | | |
0.00%
|
| | | | | | | | | | | | | | | | | | | | | |
|
This release is based on the preliminary results of work on the
Company’s tax filings and is subject to correction or adjustment when
the filings are completed. The Company is releasing information at this
time to aid those required to distribute Forms 1099 on the Company’s
distributions. No material change in these classifications is expected.
About Kite Realty Group Trust
Kite Realty Group Trust is a full-service, vertically integrated real
estate investment trust engaged in the ownership, operation, management,
leasing, acquisition, construction, redevelopment and development of
neighborhood and community shopping centers in selected markets in the
United States. As of September 30, 2014, the Company owned interests in
a portfolio of 132 operating, development and redevelopment properties
totaling approximately 26.7 million total square feet across 26 states.
For more information, please visit the Company’s website at www.kiterealty.com.
Kite Realty Group Trust
Dan Sink, 317-577-5609
Chief Financial
Officer
dsink@kiterealty.com
or
Investors/Media:
Maggie
Kofkoff, 317-713-7644
Investor Relations
mkofkoff@kiterealty.com
Source: Kite Realty Group Trust