BPYUP - Brookfield Property REIT Inc. Announces Tax Reporting Information for 2020 Distributions on Shares of Brookfield Property REIT Inc.
BROOKFIELD NEWS, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Brookfield Property REIT Inc. (NASDAQ: BPYU) announced today the tax reporting information for 2020 distributions on its Class A Stock and 6.375% Series A Cumulative Redeemable Preferred stock (NASDAQ: BPYUP) as shown below.
| 2020 TAX INFORMATION - BPYU Class A Stock |
| Total |
| Box 1a |
| Box 2a |
| Box 3 |
| Record |
| Payable |
| Type of |
| 2020 Distribution |
| Total Taxable |
| Ordinary |
| Capital Gain |
| Nondividend |
| Date |
| Date |
| Distribution |
| Per Share |
| Distribution |
| Dividends |
| Distribution |
| Distribution |
| 2/28/2020 |
| 3/31/2020 |
| Cash |
| $0.332500 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.332500 |
| 5/29/2020 |
| 6/30/2020 |
| Cash |
| $0.332500 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.332500 |
| 8/31/2020 |
| 9/30/2020 |
| Cash |
| $0.332500 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.332500 |
| 11/30/2020 |
| 12/31/2020 |
| Cash |
| $0.332500 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.332500 |
| TOTAL |
| $1.330000 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $1.330000 |
| PERCENT OF ANNUAL TOTAL |
| 0.00 % |
| 0.00 % |
| 0.00 % |
| 100.00 % |
| 2020 TAX INFORMATION - BPYUP 6.375% Series A Cumulative Redeemable Preferred Stock |
| Total |
| Box 1a |
| Box 2a |
| Box 3 |
| Record |
| Payable |
| Type of |
| 2020 Distribution |
| Total Taxable |
| Ordinary |
| Capital Gain |
| Nondividend |
| 2021 Taxable |
| Date |
| Date |
| Distribution |
| Per Share |
| Distribution |
| Dividends |
| Distribution |
| Distribution |
| Distribution |
| 12/13/2019 |
| 1/1/2020 |
| Cash |
| $0.3984375 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.3984375 |
| N/A |
| 3/15/2020 |
| 4/1/2020 |
| Cash |
| $0.3984375 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.3984375 |
| N/A |
| 6/15/2020 |
| 7/1/2020 |
| Cash |
| $0.3984375 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.3984375 |
| N/A |
| 9/15/2020 |
| 10/1/2020 |
| Cash |
| $0.3984375 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.3984375 |
| N/A |
| 12/15/2020 |
| 1/1/2021 |
| Cash |
| $0.3984375 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $0.3984375 |
| TOTAL |
| $1.9921875 |
| $0.000000 |
| $0.000000 |
| $0.000000 |
| $1.593750 |
| $0.3984375 |
| PERCENT OF ANNUAL TOTAL |
| 0.00 % |
| 0.00 % |
| 0.00 % |
| 100.00 % |
Participants should refer to their Federal Form 1099 which will be mailed no later than January 31, 2021. Registered holders of Brookfield Property REIT Inc. should contact American Stock Transfer & Trust Company, LLC at (800) 937-5449 for further information while beneficial owners should contact their broker with any questions pertaining to their tax forms.
Pertinent forms 8937 were published on the company website: bpy.brookfield.com/bpyu.
Taxability of the 2020 distributions is not necessarily indicative of future distributions.
Brookfield Property REIT Inc.
Brookfield Property REIT Inc. (“BPYU”) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (“BPY”) one of the world’s premier real estate companies, with approximately $88 billion in total assets. BPYU was created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of a U.S. REIT stock.
Brookfield Property Partners owns and operates iconic properties in the world’s major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, self-storage, triple net lease, manufactured housing and student housing.
Further information is available at bpy.brookfield.com/bpyu.
Brookfield Contact:
Matthew Cherry
Senior Vice President, Investor Relations
Tel: (212) 417-7488 / Email: matthew.cherry@brookfield.com