Tiptree Inc. Announces Tax Treatment of 2020 Common Stock Distributions
NEW YORK--(BUSINESS WIRE)-- Tiptree Inc. (NASDAQ: TIPT) announced the income tax treatment of its 2020 common stock distribution payments. Total 2020 distributions to common stockholders were $0.16 per share and are considered return of capital, as set forth below.
CUSIP 88822Q103 |
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FORM 1099-DIV |
Box 1a |
Box 1b |
Box 2a |
Box 2b |
Box 3 |
Box 5 |
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Record Date |
Payment Date |
Distribution Per Share |
Ordinary Dividends |
Qualified Dividends |
Capital Gain Distributions |
Unrecaptured Section 1250 Gain |
Nondividend Distributions |
Section 199A Dividends |
3/23/2020 |
3/30/2020 |
$0.04 |
- |
- |
- |
- |
$0.04 |
- |
5/18/2020 |
5/25/2020 |
$0.04 |
- |
- |
- |
- |
$0.04 |
- |
8/24/2020 |
8/31/2020 |
$0.04 |
- |
- |
- |
- |
$0.04 |
- |
11/23/2020 |
11/30/2020 |
$0.04 |
- |
- |
- |
- |
$0.04 |
- |
Total |
$0.16 |
- |
- |
- |
- |
$0.16 |
- |
|
Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Tiptree Inc. distributions.
About Tiptree
Tiptree Inc. (NASDAQ: TIPT) is a holding company that allocates capital across a broad spectrum of businesses, assets and other investments. Our principal operating business, Fortegra, is a specialty insurance program underwriter and service provider, which focuses on niche business lines and fee-oriented services. We also allocate capital to a diverse group of select investments that we refer to as Tiptree Capital. For more information, please visit www.tiptreeinc.com.
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Tiptree Inc. Investor Relations, 212-446-1400 ir@tiptreeinc.com
Source: Tiptree Inc.