Sabra Health Care REIT, Inc. Announces Tax Treatment of 2025 Distributions

Key Terms

reit financial

A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.

cusip financial

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

form 1099-div regulatory

Form 1099-DIV is a U.S. tax document brokers, mutual funds and other financial institutions send to investors showing dividends and other distributions paid during the year. Investors use it like an annual receipt to report taxable income — including regular dividends, dividends that may qualify for lower tax rates, and capital gains distributions — so it directly affects tax liability and helps reconcile brokerage records with a tax return.

section 199a dividends regulatory

Section 199A dividends are certain dividend payments from real estate investment trusts (REITs) and publicly traded partnerships that qualify for a special U.S. tax deduction allowing up to a 20% reduction of the income they create. For investors, that means these payouts are taxed differently than regular dividend income—they don’t get the lower capital gains rate but can lower taxable income through the deduction, similar to getting a partial tax rebate on that income.

treasury regulation §1.199a-3(c)(2)(ii) regulatory

A Treasury regulation that describes rules for identifying whether a business counts as a “specified service trade or business” for the Section 199A qualified business income tax deduction. Investors care because that classification determines whether owners of pass-through entities (like partnerships or S corporations) can take a significant deduction that lowers taxable income—similar to whether a household qualifies for a particular tax break, which affects how much money ultimately stays in investors’ pockets.

section 1061 of the internal revenue code regulatory

Section 1061 of the Internal Revenue Code changes when profits from partnership interests held by service providers (commonly fund managers) qualify for the lower long‑term capital gains tax rate: those gains must come from interests held for more than three years. For investors this matters because it can raise the tax on carried interest-like earnings, similar to changing the rules on how long you must keep a tool before getting a cheaper repair rate, and thus affects after‑tax returns and deal structuring.

applicable partnership interests regulatory

Applicable partnership interests are the specific ownership stakes in a partnership that are subject to a particular contract, transaction or regulatory rule; they represent the portions of profit, loss, cash flow and decision rights tied to those shares. Investors care because which interests are labeled “applicable” determines who receives distributions, bears liabilities and votes on key matters—like which slices of a pie are being sold or re‑allocated—so it directly affects value, control and expected returns.

TUSTIN, Calif.--(BUSINESS WIRE)-- Sabra Health Care REIT, Inc. (NASDAQ: SBRA) announced today the tax treatment for its 2025 distributions. The following table summarizes, for income tax purposes, the nature of cash distributions paid:

Sabra Health Care REIT, Inc.

Common Stock (CUSIP # 78573L106)

Record Date	Payable Date	Distribution per Share			Total Ordinary Dividends			Non-Qualified Dividends			Qualified Dividends			Non-Dividend Distributions
02/14/2025	02/28/2025	$	0.3000000		$	0.2438846		$	0.2438846		$	0.0000000		$	0.0561154
05/16/2025	05/30/2025		0.3000000			0.2438846			0.2438846			0.0000000			0.0561154
08/15/2025	08/29/2025		0.3000000			0.2438846			0.2438846			0.0000000			0.0561154
11/17/2025	11/28/2025		0.3000000			0.2438846			0.2438846			0.0000000			0.0561154
		$	1.2000000		$	0.9755384		$	0.9755384		$	0.0000000		$	0.2244616
			100.00%			81.29%									18.71%

The 2025 Non-Qualified Ordinary Dividends are also reported on Form 1099-DIV, Box 5, Section 199A Dividends. Treasury Regulation §1.199A-3(c)(2)(ii) requires that shareholders hold their REIT shares for at least 45 days in order for the dividends to be treated as Section 199A Dividends. Shareholders should consult with their tax advisors to determine whether this requirement affects any portion of the dividends included in Box 5.

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 and the Three Year Amounts Disclosure are $0.00 with respect to direct and indirect holders of “applicable partnership interests”.

About Sabra

Sabra Health Care REIT, Inc. (Nasdaq:SBRA), a Maryland corporation, operates as a self-administered, self-managed real estate investment trust (a "REIT") that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.

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Investor & Media Inquiries: 1-888-393-8248 or investorinquiries@sabrahealth.com

Source: Sabra Health Care REIT, Inc.