Clipper Realty Inc. Announces Tax Information For 2022 Distributions

NEW YORK--(BUSINESS WIRE)-- Clipper Realty Inc. (NYSE: CLPR), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced the Federal income tax treatment of its 2022 dividends to holders of its common stock.

Record Date		Payable Date		Total Dividend Per Share		Ordinary Dividend		Qualified Dividend		Nontaxable Dividend
3/25/2022		3/31/2022		$0.0950		$0.07125		$0.0000		$0.02375
5/20/2022		5/27/2022		$0.0950		$0.07125		$0.0000		$0.02375
8/19/2022		8/26/2022		$0.0950		$0.07125		$0.0000		$0.02375
11/21/2022		11/25/2022		$0.0950		$0.07125		$0.0000		$0.02375

Shareholders are advised to consult their tax advisor about the specific tax treatment of 2022 dividends.

About Clipper Realty

Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. For more information on Clipper Realty Inc., please visit www.clipperrealty.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230228006366/en/

Investors:

Clipper Realty Inc.

Lawrence Kreider, CFO

718-438-2804 x2231

M: 917-370-2046

www.ClipperRealty.com

Source: Clipper Realty Inc.