Gaming and Leisure Properties Inc. Announces 2023 Distribution Tax Treatment
Gaming and Leisure Properties, Inc. announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2023, totaling $3.15 per share of common stock. The tax return for the year ended December 31, 2023, has not been filed, and the income tax allocation has been calculated using the best available information. Shareholders are encouraged to consult with their tax advisors regarding their specific federal, state, and local income tax treatment of the Company’s distributions.
01/19/2024 - 07:00 AM
WYOMISSING, Pa., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2023 of $3.15 per share of common stock (CUSIP: 36467J108).
Gaming and Leisure Properties’ tax return for the year ended December 31, 2023, has not been filed. As a result, the income tax allocation for the distributions noted below have been calculated using the best available information as of the date of this press release.
Box 1a Box 1b Box 2a Box 2b Box 2f Box 3 Box 5 Record Date Payable Date Total Distribution Per Share Ordinary Taxable Dividends Taxable Qualified Dividends (1) Total Capital Gain Distribution (2) Unrecaptured 1250 Gain (3) Section 897 Capital Gain Nondividend Distributions (4) Section 199A Dividends (5) 03/10/2023 03/24/2023 $0.97 0000 $0.96 9883$0.00 0000$0.00 0117$0.00 0000$0.00 0000$0.00 0000$0.96 988306/16/2023 06/30/2023 $0.72 0000 $0.71 5718$0.00 0000$0.00 0086$0.00 0000$0.00 0000$0.00 4196$0.71 571809/15/2023 09/29/2023 $0.73 0000 $0.66 7941$0.00 0000$0.00 0088$0.00 0000$0.00 0000$0.06 1971$0.66 794112/08/2023 12/22/2023 $0.73 0000 $0.66 7941$0.00 0000$0.00 0088$0.00 0000$0.00 0000$0.06 1971$0.66 7941 Totals $ 3.150000 $ 3.021483 $ 0.000000 $ 0.000379 $ 0.000000 $ 0.000000 $ 0.128138 $ 3.021483 (1 ) Amounts in Box 1b are included in Box 1a (2 ) Pursuant to Treas. Reg. § 1.1061-6(c), the Company reports that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure is $0.00 0379 per share and the Three Year Amounts Disclosure is $0.00 0000 per share with respect to direct and indirect holders of “applicable partnership interests” (3 ) Amounts in Box 2b are included in Box 2a (4 ) Amounts in Box 3 are also known as Return of Capital (5 ) Amounts in Box 5 are included in Box 1a
Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders on how distributions should be reported on their tax returns. Also note that state and local taxation of real estate investment trust distributions varies and may not be the same as the taxation under the federal rules. Shareholders are encouraged to consult with their tax advisors regarding their specific federal, state, and local income tax treatment of the Company’s distributions.
About Gaming and Leisure Properties GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
Contact: Gaming and Leisure Properties, Inc. Matthew Demchyk, Chief Investment Officer 610/401-2900investorinquiries@glpropinc.com
Investor Relations Joseph Jaffoni, Richard Land, James Leahy at JCIR 212/835-8500glpi@jcir.com
What is the total distribution per share for Gaming and Leisure Properties, Inc. in 2023?
The total distribution per share for Gaming and Leisure Properties, Inc. in 2023 was $3.15.
What is the CUSIP for Gaming and Leisure Properties, Inc. common stock?
The CUSIP for Gaming and Leisure Properties, Inc. common stock is 36467J108.
When was the record date for the total distribution per share?
The record date for the total distribution per share was 03/10/2023.
What should shareholders do regarding the taxation of the Company’s distributions?
Shareholders are encouraged to consult with their tax advisors regarding their specific federal, state, and local income tax treatment of the Company’s distributions.
Gaming and Leisure Properties Inc
GLPI Rankings
#2764 Ranked by Stock Gains
GLPI Stock Data
Industry
Lessors of Nonresidential Buildings (except Miniwarehouses)
Sector
Real Estate and Rental and Leasing
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
Country
US
City
Wyomissing
About GLPI
gaming and leisure properties, inc. (the “company” or “glpi”) is a self-administered and self-managed pennsylvania reit that was incorporated on february 13, 2013 as a wholly-owned subsidiary of penn national gaming, inc. (“penn”). on november 1, 2013, penn completed the tax-free spin-off of glpi by distributing the common stock it held in glpi to penn’s shareholders. glpi owns substantially all of the assets associated with the real property interests related to penn’s gaming operations, as well as the assets and liabilities of louisiana casino cruises, inc. (“hollywood casino baton rouge”) and penn cecil maryland, inc. (“hollywood casino perryville”). glpi’s tenants include penn tenant, llc, a subsidiary of penn, which leases the real estate assets of 18 facilities related to penn’s operations, pursuant to a master lease agreement and casino queen in east st. louis, illinois. glpi elected on its u.s. federal income tax return for the taxable year beginning on january 1, 2014 to be tr