SITE Centers Announces Tax Allocations of 2023 Dividend Distributions

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BEACHWOOD, OhioBEACHWOOD, 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 2023 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 2023 distributions. The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2023 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, 2024 common share distribution will be included in the tax allocations for 2024.

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

4Q22

82981J109

12/09/2022

01/06/2023

$0.037061

$0.092939

$0.000000

$0.130000

$0.037061

$0.055080

1Q23

82981J109

03/17/2023

04/06/2023

$0.037061

$0.092939

$0.000000

$0.130000

$0.037061

$0.055080

2Q23

82981J109

06/14/2023

07/06/2023

$0.037061

$0.092939

$0.000000

$0.130000

$0.037061

$0.055080

3Q23

82981J109

09/26/2023

10/12/2023

$0.037061

$0.092939

$0.000000

$0.130000

$0.037061

$0.055080

Special 23

82981J109

12/27/2023

01/12/2024

$0.045613

$0.114387

$0.000000

$0.160000

$0.045613

$0.067791

Total

 

 

 

$0.193857

$0.486143

$0.000000

$0.680000

$0.193857

$0.288111

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

01/15/2304/14/23

82981J877

03/30/2023

04/17/2023

$0.113589

$0.284851

$0.000000

$0.398440

$0.113589

$0.284851

04/15/23– 07/14/23

82981J877

06/30/2023

07/17/2023

$0.113589

$0.284851

$0.000000

$0.398440

$0.113589

$0.284851

07/15/2310/14/23

82981J877

09/29/2023

10/16/2023

$0.113589

$0.284851

$0.000000

$0.398440

$0.113589

$0.284851

10/15/2301/14/24

82981J877

12/29/2023

01/16/2024

$0.113589

$0.284851

$0.000000

$0.398440

$0.113589

$0.284851

Total

 

 

 

$0.454356

$1.139404

$0.000000

$1.593760

$0.454356

$1.139404

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.

Conor Fennerty, EVP and Chief Financial Officer 216-755-5500

Source: SITE Centers Corp.

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