Historic tax data:
Portion Designated As
Record
Date |
Payment
Date |
Distribution
Per Share |
Box 1a
Total
Ordinary
Dividend |
Box 1b
Qualified
Dividends1 |
Box 2a
Total
Capital
Gain Distr. |
Box 2b
Unrecaptured
Section 1250
Gain2 |
Box 2e
Sec. 897
Ordinary
Dividends1 |
Box 2f
Sec. 897
Capital
Gain2 |
Box 3
Nondividend
Distributions |
Box 5
Sec. 199A
Dividends1 |
| Common Shares:
|
| 1/9/2023 |
1/31/2023 |
$0.380000 |
$0.333306 |
$0.000014 |
$0.046694 |
$0.007374 |
$0.096363 |
$0.038015 |
$0.000000 |
$0.333292 |
| 4/10/2023 |
5/1/2023 |
$0.420000 |
$0.368391 |
$0.000016 |
$0.051609 |
$0.008150 |
$0.106507 |
$0.042016 |
$0.000000 |
$0.368375 |
| 7/10/2023 |
7/31/2023 |
$0.420000 |
$0.368391 |
$0.000016 |
$0.051609 |
$0.008150 |
$0.106507 |
$0.042016 |
$0.000000 |
$0.368375 |
| 10/10/2023 |
10/31/2023 |
$0.420000 |
$0.368391 |
$0.000016 |
$0.051609 |
$0.008150 |
$0.106507 |
$0.042016 |
$0.000000 |
$0.368375 |
| Total |
$1.640000 |
$1.438479 |
$0.000062 |
$0.201521 |
$0.031824 |
$0.415884 |
$0.164063 |
$0.000000 |
$1.438417 |
| Preferred Shares Series E:
|
| 1/9/2023 |
1/31/2023 |
$0.411400 |
$0.360847 |
$0.000016 |
$0.050553 |
$0.007983 |
$0.104325 |
$0.041156 |
$0.000000 |
$0.360831 |
| 4/10/2023 |
5/1/2023 |
$0.454800 |
$0.398914 |
$0.000017 |
$0.055886 |
$0.008826 |
$0.115331 |
$0.045498 |
$0.000000 |
$0.398897 |
| 7/10/2023 |
7/31/2023 |
$0.454800 |
$0.398914 |
$0.000017 |
$0.055886 |
$0.008826 |
$0.115331 |
$0.045498 |
$0.000000 |
$0.398897 |
| 10/10/2023 |
10/31/2023 |
$0.454800 |
$0.398914 |
$0.000017 |
$0.055886 |
$0.008826 |
$0.115331 |
$0.045498 |
$0.000000 |
$0.398897 |
| Total |
$1.775800 |
$1.557589 |
$0.000067 |
$0.218211 |
$0.034461 |
$0.450318 |
$0.177650 |
$0.000000 |
$1.557522 |
(1) - These amounts are a subset of, and included in, the amounts in Box 1a.
(2) - These amounts are a subset of, and included in, the amounts in Box 2a.
Section 1061 Disclosures:
Pursuant to Treas. Reg. § 1.1061-6(c), UDR, Inc. is disclosing below two additional amounts related to the capital gain dividends reported in Form 1099-DIV Box
2a, Total Capital Gain Distr. for purposes of Section 1061 of the Internal Revenue Code. Section 1061 is generally applicable
to direct and indirect holders of “applicable partnership interests.” Please consult your tax advisor.
Record
Date |
Payment
Date |
Form 1099-DIV Box
2a, Total Capital Gain
Distr. Per Share |
One Year Amounts
Disclosure Per
Share |
Three Year
Amounts
Disclosure Per
Share |
| Common Shares:
|
| 1/9/2023 |
1/31/2023 |
$0.046694 |
$0.008821 |
$0.009058 |
| 4/10/2023 |
5/1/2023 |
$0.051609 |
$0.009750 |
$0.010011 |
| 7/10/2023 |
7/31/2023 |
$0.051609 |
$0.009750 |
$0.010011 |
| 10/10/2023 |
10/31/2023 |
$0.051609 |
$0.009750 |
$0.010011 |
| Total |
$0.201521 |
$0.038071 |
$0.039091 |
| Preferred Shares Series E:
|
| 1/9/2023 |
1/31/2023 |
$0.050553 |
$0.009551 |
$0.009806 |
| 4/10/2023 |
5/1/2023 |
$0.055886 |
$0.010558 |
$0.010841 |
| 7/10/2023 |
7/31/2023 |
$0.055886 |
$0.010558 |
$0.010841 |
| 10/10/2023 |
10/31/2023 |
$0.055886 |
$0.010558 |
$0.010841 |
| Total |
$0.218211 |
$0.041225 |
$0.042329 |
Shareholders of record of the Company's common and preferred stock will receive an Internal Revenue Service Form 1099-DIV from EQ Shareowner Services, the Company's 2023 distribution paying agent. The form will report the distributions paid and the amounts designated as total ordinary dividends, qualified dividends, total capital gains, unrecaptured section 1250 gains, section 897 ordinary dividends, section 897 capital gain, nondividend distributions, and section 199A dividends. If shares were held in "street name" during 2023, the IRS form will be provided by a bank, brokerage firm, or nominee. Because the Company's tax return has not yet been filed for the year ended December 31, 2023, the distribution allocations presented herein have been calculated using the best available information to date.
The tax treatment of these distributions by state and local authorities varies and may not be the same as the IRS's treatment. Because federal and state tax laws affect individuals differently, the Company cannot advise shareholders on how distributions should be reported on their tax returns. The Company encourages shareholders to consult with their own tax advisors with respect to the federal, state and local income tax consequences of these distributions.