Weingarten Realty Investors Releases Tax Characteristics of 2019 Distributions
HOUSTON--(BUSINESS WIRE)--Jan 16, 2020--
Weingarten Realty Investors (NYSE: WRI) released today the Federal income tax treatment of its 2019 distributions to holders of its Common Shares of Beneficial Interest.
|Weingarten Realty Investors Common Shares|
(1) Represents additional characterization of, and is included in, “Total Capital Gain Distribution.”
(2) Represents dividends eligible for the 20% qualified business income deduction under Section 199A, and is included in “Ordinary Dividends.”
Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Weingarten Realty Investors cash distributions. For additional information, contact Weingarten’s Investor Relations Department.
About Weingarten Realty Investors
Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At September 30, 2019, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 170 properties which are located in 17 states spanning the country from coast to coast. These properties represent approximately 33.0 million square feet of which our interests in these properties aggregated approximately 21.5 million square feet of leasable area. To learn more about the Company’s operations and growth strategies, please visit www.weingarten.com.
Statements included herein that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 which by their nature, involve known and unknown risks and uncertainties. The Company’s actual results, performance or achievements could differ materially from those expressed or implied by such statements. Reference is made to the Company’s regulatory filings with the Securities and Exchange Commission for information or factors that may impact the Company’s performance.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200116005096/en/
Information: Michelle Wiggs, Vice President of Investor Relations, Phone: (713) 866-6050
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: LUXURY COMMERCIAL BUILDING & REAL ESTATE DISCOUNT/VARIETY CONSTRUCTION & PROPERTY OTHER RETAIL URBAN PLANNING REIT SUPERMARKET OTHER CONSTRUCTION & PROPERTY RETAIL
SOURCE: Weingarten Realty Investors
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PUB: 01/16/2020 04:15 PM/DISC: 01/16/2020 04:15 PM