Tiptree Inc. ("Tiptree”) (NASDAQ:TIPT) announced the income tax treatment of its 2023 common stock distribution payments. Total 2023 distributions to common stockholders were $0.20 per share and are considered return of capital, as set forth below.
CUSIP 88822Q103
FORM 1099-DIV | Box 1a | Box 1b | Box 2a | Box 2b | Box 3 | Box 5 | ||
Record Date | Payment | Distribution | Ordinary | Qualified Dividends | Capital Gain Distributions | Unrecaptured | Nondividend Distributions | Section 199A |
3/20/2023 | 3/27/2023 | $0.05 | - | - | - | - | $0.05 | - |
5/22/2023 | 5/30/2023 | $0.05 | - | - | - | - | $0.05 | - |
8/21/2023 | 8/28/2023 | $0.05 | - | - | - | - | $0.05 | - |
11/20/2023 | 11/27/2023 | $0.05 | - | - | - | - | $0.05 | - |
Total | $0.20 | - | - | - | - | $0.20 | - |
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) allocates capital to select small and middle market companies with the mission of building long-term value. Established in 2007, Tiptree has a significant track record investing across a variety of industries and asset types, including the insurance, asset management, specialty finance, real estate and shipping sectors. With proprietary access and a flexible capital base, Tiptree seeks to uncover compelling investment opportunities and support management teams in unlocking the full value potential of their businesses.
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Tiptree Inc.
Investor Relations, 212-446-1400
ir@tiptreeinc.com