SITE Centers Announces Tax Allocations of 2022 Dividend Distributions

SITE Centers Corp. (NYSE: SITC) has announced the tax allocations for 2022 distributions on its common and preferred shares.

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01/17/2023 - 04:05 PM EST

BEACHWOOD, Ohio--(BUSINESS WIRE)-- SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced the tax allocations of 2022 distributions on its common shares and one series of preferred shares.

For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2022 distributions. The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2022 federal income tax returns. The schedule below, presented in dollars on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Please note that the January 5, 2022 common share distribution is included in the tax allocations for 2022 and the January 6, 2023 common share distribution will be included in the tax allocations for 2023.

Common Shares (NYSE: SITC)

Period	CUSIP	Record Date	Payable Date	Ordinary Dividends	Total Capital Gain Distribution	Return of Capital	Total Distributions	Section 199A Dividends	Unrecaptured Sec. 1250 Gain
4Q21	82981J109	12/10/2021	01/05/2022	0.099423	0.007595	0.012982	0.120000	0.099423	0.007595
1Q22	82981J109	03/17/2022	04/07/2022	0.107708	0.008228	0.014064	0.130000	0.107708	0.008228
2Q22	82981J109	06/09/2022	07/06/2022	0.107708	0.008228	0.014064	0.130000	0.107708	0.008228
3Q22	82981J109	09/20/2022	10/07/2022	0.107708	0.008228	0.014064	0.130000	0.107708	0.008228
Total				0.422547	0.032279	0.055174	0.510000	0.422547	0.032279

Preferred Class A Depositary Shares (NYSE: SITC_pa)

Period	CUSIP	Record Date	Payable Date	Ordinary Dividends	Total Capital Gain Distribution	Return of Capital	Total Distributions	Section 199A Dividends	Unrecaptured Sec. 1250 Gain
01/15/22 – 04/14/22	82981J877	03/30/2022	04/15/2022	0.370162	0.028278	0.000000	0.398440	0.370162	0.028278
04/15/22– 07/14/22	82981J877	06/29/2022	07/15/2022	0.370162	0.028278	0.000000	0.398440	0.370162	0.028278
07/15/22 – 10/14/22	82981J877	09/29/2022	10/17/2022	0.370162	0.028278	0.000000	0.398440	0.370162	0.028278
10/15/22 – 01/14/23	82981J877	12/30/2022	01/17/2023	0.370162	0.028278	0.000000	0.398440	0.370162	0.028278
Total				1.480648	0.113112	0.000000	1.593760	1.480648	0.113112

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.