ELS Announces Tax Treatment of 2022 Distributions
01/24/2023 - 06:39 PM
CHICAGO --(BUSINESS WIRE)--
Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as “we,” “us” and “our”) today announced the tax treatment of our 2022 common stock distributions. The following table summarizes the income tax treatment of our 2022 distributions.
Common Stock (CUSIP No. 29472R108)
Record
Date
Payable
Date
Distribution
Per Share
Total
Distribution
Allocable to
2022
Ordinary
Taxable
Dividend
Nondividend
Distribution
Qualified REIT
Dividend for IRC
§199A
03/25/2022
04/08/2022
$0.41 0000
$0.41 0000
$0.37 1770
$0.03 8230
$0.37 1770
06/24/2022
07/08/2022
$0.41 0000
$0.41 0000
$0.37 1770
$0.03 8230
$0.37 1770
09/30/2022
10/14/2022
$0.41 0000
$0.41 0000
$0.37 1770
$0.03 8230
$0.37 1770
12/30/2022
01/13/2023
$0.41 0000
$0.40 4990
$0.36 7227
$0.03 7763
$0.36 7227
TOTALS
$1.64 0000
$1.63 4990
$1.48 2537
$0.15 2453
$1.48 2537
The common stock distribution with a record date of December 30, 2022 , paid on January 13, 2023 , is a split-year distribution with $0.00 5010 considered a distribution made in 2023 for federal income tax purposes.
Pursuant to Treas. Reg. § 1.1061-6(c), we report that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are $0.00 per share with respect to direct and indirect holders of “applicable partnership interests.”
Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from us.
As of October 17, 2022 , we owned or had an interest in 445 quality properties located predominantly in the United States consisting of 170,245 sites. We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago .
View source version on businesswire.com : https://www.businesswire.com/news/home/20230124006098/en/
Paul Seavey
(800) 247-5279
Source: Equity LifeStyle Properties, Inc.
Equity Lifestyle Properties Inc.
ELS Rankings
#1959 Ranked by Stock Gains
ELS Stock Data
Industry
Other Financial Vehicles
Sector
Finance and Insurance
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
Country
US
City
Chicago
About ELS
equity lifestyle properties, inc. owns and operates the highest quality portfolio of resort communities in the united states. we have a controlling interest in over 300 quality resorts in 28 states and british columbia with over 110,000 sites. our goal is to create value for residents and investors by providing consistently high levels of services and amenities in attractive surroundings. our high standards have been recognized with several "community of the year" awards for the outstanding quality of our communities and the professionalism of our management. equity lifestyle properties is a real estate investment trust (reit) traded on the new york stock exchange under the symbol "els." our size, national scope and status as a publicly traded company afford us benefits unavailable to smaller, private owners. we have access to capital that allows us to grow, and to expand and upgrade existing communities. we are able to streamline our management operations, owning multiple communitie