Business & Finance
Business and Finance
Business and Finance
Mon, January 19, 2009
Fri, January 16, 2009 Regency Centers Announces Tax Information for 2008 Distributions
JACKSONVILLE, Fla.--([ BUSINESS WIRE ])--Regency Centers Corporation (NYSE:REG) today announced the Federal income tax treatment of its 2008 distributions to holders of its common shares and Series 3, 4 and 5 Preferred shares.
Regency Centers Corporation Common Stock:SymbolREGCUSIP #: 758849103
Total | Unrecapt | |||||||||||
| Record | Payable | Distribution | Ordinary | Total Capital | Nontaxable | Sec 1250 | ||||||
| Date | Date | Per Share | Dividends | Gain Distr. | Distributions | Gain* | ||||||
| 2/20/2008 | 3/5/2008 | $ 0.725000 | $ 0.529250 | $ 0.159500 | $ 0.036250 | $ 0.043500 | ||||||
| 5/21/2008 | 6/4/2008 | $ 0.725000 | $ 0.529250 | $ 0.159500 | $ 0.036250 | $ 0.043500 | ||||||
| 8/20/2008 | 9/3/2008 | $ 0.725000 | $ 0.529250 | $ 0.159500 | $ 0.036250 | $ 0.043500 | ||||||
| 11/19/2008 | 12/3/2008 | $ 0.725000 | $ 0.529250 | $ 0.159500 | $ 0.036250 | $ 0.043500 | ||||||
| TOTALS | $ 2.900000 | $ 2.117000 | $ 0.638000 | $ 0.145000 | $ 0.174000 |
Regency Centers Corporation Series 3 Preferred Stock:SymbolREGPRCCUSIP #: 758849301
Total | Unrecapt | ||||||||||||||||
| Record | Payable | Distribution | Ordinary | Total Capital | Nontaxable | Sec 1250 | |||||||||||
| Date | Date | Per Share | Dividends | Gain Distr | Distributions | Gain* | |||||||||||
| 3/3/2008 | 3/31/2008 | $ | 0.4656300 | $ | 0.349223 | $ | 0.116408 | $ | - | $ | 0.032594 | ||||||
| 6/2/2008 | 6/30/2008 | $ | 0.4656300 | $ | 0.349223 | $ | 0.116408 | $ | - | $ | 0.032594 | ||||||
| 9/2/2008 | 9/30/2008 | $ | 0.4656300 | $ | 0.349223 | $ | 0.116408 | $ | - | $ | 0.032594 | ||||||
| 12/1/2008 | 12/31/2008 | $ | 0.4656300 | $ | 0.349223 | $ | 0.116408 | $ | - | $ | 0.032594 | ||||||
| TOTALS | $ | 1.862520 | $ | 1.396890 | $ | 0.465630 | $ | - | $ | 0.130376 | |||||||
Regency Centers Corporation Series 4 Preferred Stock:SymbolREGPRDCUSIP #: 758849509
| Total | Unrecapt | ||||||||||||||||
| Record | Payable | Distribution | Ordinary | Total Capital | Nontaxable | Sec 1250 | |||||||||||
| Date | Date | Per Share | Dividends | Gain Distr | Distributions | Gain* | |||||||||||
| 3/3/2008 | 3/31/2008 | $ | 0.4531300 | $ | 0.339848 | $ | 0.113283 | $ | - | $ | 0.031719 | ||||||
| 6/2/2008 | 6/30/2008 | $ | 0.4531300 | $ | 0.339848 | $ | 0.113283 | $ | - | $ | 0.031719 | ||||||
| 9/2/2008 | 9/30/2008 | $ | 0.4531300 | $ | 0.339848 | $ | 0.113283 | $ | - | $ | 0.031719 | ||||||
| 12/1/2008 | 12/31/2008 | $ | 0.4531300 | $ | 0.339848 | $ | 0.113283 | $ | - | $ | 0.031719 | ||||||
| TOTALS | $ | 1.812520 | $ | 1.359390 | $ | 0.453130 | $ | - | $ | 0.126876 | |||||||
Regency Centers Corporation Series 5 Preferred Stock:SymbolREGPRECUSIP #: 758849608
| Total | Unrecapt | ||||||||||||||||
| Record | Payable | Distribution | Ordinary | Total Capital | Nontaxable | Sec 1250 | |||||||||||
| Date | Date | Per Share | Dividends | Gain Distr | Distributions | Gain* | |||||||||||
| 3/3/2008 | 3/31/2008 | $ | 0.4187500 | $ | 0.314063 | $ | 0.104688 | $ | - | $ | 0.029313 | ||||||
| 6/2/2008 | 6/30/2008 | $ | 0.4187500 | $ | 0.314063 | $ | 0.104688 | $ | - | $ | 0.029313 | ||||||
| 9/2/2008 | 9/30/2008 | $ | 0.4187500 | $ | 0.314063 | $ | 0.104688 | $ | - | $ | 0.029313 | ||||||
| 12/1/2008 | 12/31/2008 | $ | 0.4187500 | $ | 0.314063 | $ | 0.104688 | $ | - | $ | 0.029313 | ||||||
| TOTALS | $ | 1.675000 | $ | 1.256250 | $ | 0.418750 | $ | - | $ | 0.117250 | |||||||
The company did not incur any foreign taxes in 2008.
* This is the amount included in the total capital gain distribution that is unrecaptured Sec. 1250 gain
Regency Centers Corporation (NYSE: REG)
Regency is the leading national owner, operator, and developer of grocery-anchored and community shopping centers. At September 30, 2008, the Company owned 443 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompassed 59.3 million square feet located in top markets throughout the United States. Since 2000 Regency has developed 193 shopping centers, including those currently in-process, representing an investment at completion of $3.1 billion. Operating as a fully integrated real estate company, Regency is a qualified real estate investment trust that is self-administered and self-managed.
Forward-looking statements involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements. Please refer to the documents filed by Regency Centers Corporation with the SEC, specifically the most recent reports on forms 10K and 10Q, which identify important risk factors which could cause actual results to differ from those contained in the forward-looking statements.
