Uniti Group Inc. Announces Tax Reporting Information for 2022 Distributions
01/25/2023 - 04:15 PM
LITTLE ROCK, Ark., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the tax treatment of its 2022 distributions. The following table summarizes the federal income tax treatment of the distributions on its common shares as it is expected to be reported on Form 1099 – DIV.
Common Stock CUSIP (91325V108) Record Payment Total Ordinary Capital Gain Nondividend 12/17/21 1/3/22 $0.15 $0.15 $0.00 $0.00 4/1/22 4/15/22 $0.15 $0.15 $0.00 $0.00 6/17/22 7/1/22 $0.15 $0.15 $0.00 $0.00 9/9/22 9/23/22 $0.15 $0.15 $0.00 $0.00 12/16/22 12/30/22 $0.15 $0.15 $0.00 $0.00 Total $ 0.75 $ 0.75 $ 0.00 $ 0.00
Ordinary Dividend Per Share is non-qualified dividend income. The Ordinary Dividend Per Share will also be reported on Form 1099-DIV, Box 5, as Section 199A Dividends. $0.00 5886 of each distribution will be treated as Section 897 Ordinary Dividends. This amount will be reported on Form 1099-DIV, Box 2e and is also included in Ordinary Dividend Per Share.
The quarterly cash dividend of $0.15 per share of common stock, which was paid on January 3, 2022 to the shareholders of record as of December 17, 2021, will be reported on Form 1099-DIV for the 2022 taxable year for federal income tax purposes.
ABOUT UNITI
Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of September 30, 2022, Uniti owns approximately 134,000 fiber route miles, 8.0 million fiber strand miles, and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com .
INVESTOR AND MEDIA CONTACTS:
Paul Bullington, 251-662-1512paul.bullington@uniti.com
Bill DiTullio, 501-850-0872bill.ditullio@uniti.com
UNIT Rankings
#4568 Ranked by Stock Gains
UNIT Stock Data
Industry
Other Commercial and Industrial Machinery and Equipment Rental and Leasing
Sector
Real Estate and Rental and Leasing
Tags
Other Commercial and Industrial Machinery and Equipment Rental and Leasing , Finance, Real Estate Investment Trusts, Real Estate and Rental and Leasing
Country
US
City
Little Rock
About UNIT
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