{"id":416478,"date":"2021-01-19T07:03:57","date_gmt":"2021-01-19T12:03:57","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=416478"},"modified":"2021-01-19T07:03:57","modified_gmt":"2021-01-19T12:03:57","slug":"urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\/","title":{"rendered":"Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions"},"content":{"rendered":"

<\/p>\n

Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nUrban Edge Properties (NYSE:UE) announced today the tax treatment of the 2020 dividend distributions on shares of its common stock.\n<\/p>\n

\nThe federal income tax characteristics of the 2020 distributions paid with respect to Urban Edge Properties common stock (CUSIP #91704F104) are as follows:\n<\/p>\n\n\n\n\n\n\n
\n\n\n

Distribution Type \u2013 Per share<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Record
\n
Date<\/b><\/p>\n<\/td>\n

\n\n

Payment
\n
Date<\/b><\/p>\n<\/td>\n

\n\n

Distribution
\n
Amount
\n
per share<\/b><\/p>\n<\/td>\n

\n\n

Ordinary Taxable
\n
Income<\/b><\/p>\n<\/td>\n

\n\n

Long Term
\n
Capital Gains<\/b><\/p>\n<\/td>\n

\n\n

Return of
\n
Capital<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n3\/16\/2020\n<\/p>\n<\/td>\n

\n\n

\n3\/31\/2020\n<\/p>\n<\/td>\n

\n\n

\n$0.22\n<\/p>\n<\/td>\n

\n\n

\n$0.22\n<\/p>\n<\/td>\n

\n\n

\n$0.00\n<\/p>\n<\/td>\n

\n\n

\n$0.00\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n12\/31\/2020\n<\/p>\n<\/td>\n

\n\n

\n1\/19\/2021\n<\/p>\n<\/td>\n

\n\n

\n$0.46\n<\/p>\n<\/td>\n

\n\n

\n$0.46\n<\/p>\n<\/td>\n

\n\n

\n$0.00\n<\/p>\n<\/td>\n

\n\n

\n$0.00\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n

2020 Totals<\/b><\/p>\n<\/td>\n

\n\n

\n$0.68\n<\/p>\n<\/td>\n

\n\n

\n$0.68\n<\/p>\n<\/td>\n

\n\n

\n$0.00\n<\/p>\n<\/td>\n

\n\n

\n$0.00\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nThe fourth quarter 2020 dividend paid by the Company on January 19, 2021, to shareholders of record as of December 31, 2020, was treated as paid in 2020 for income tax purposes. All 2020 taxable ordinary dividends are treated as “qualified REIT dividends” for purposes of Internal Revenue Code section 199A.\n<\/p>\n

\nShareholders are advised to consult their tax advisor about the specific tax treatment of Urban Edge\u2019s 2020 dividends.\n<\/p>\n

ABOUT URBAN EDGE PROPERTIES <\/b><\/p>\n

\nUrban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 79 properties totaling 16.3 million square feet of gross leasable area.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210119005223\/en\/<\/a><\/span><\/p>\n

\nMark Langer
\n
EVP and Chief Financial Officer
\n
(212) 956-0082\n<\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Residential Building & Real Estate Other Retail Commercial Building & Real Estate Urban Planning Construction & Property REIT Department Stores Building Systems Architecture Retail Other Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions NEW YORK–(BUSINESS WIRE)– Urban Edge Properties (NYSE:UE) announced today the tax treatment of the 2020 dividend distributions on shares of its common stock. The federal income tax characteristics of the 2020 distributions paid with respect to Urban Edge Properties common stock (CUSIP #91704F104) are as follows: Distribution Type \u2013 Per share Record Date Payment Date Distribution Amount per share Ordinary Taxable Income Long Term Capital Gains Return of Capital 3\/16\/2020 3\/31\/2020 $0.22 $0.22 $0.00 $0.00 12\/31\/2020 1\/19\/2021 $0.46 $0.46 $0.00 $0.00 2020 Totals $0.68 $0.68 $0.00 $0.00 The fourth quarter 2020 dividend paid by the Company on January 19, 2021, to shareholders of record as of December 31, 2020, was … <\/p>\n

Continue reading “Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-416478","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nUrban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions NEW YORK–(BUSINESS WIRE)– Urban Edge Properties (NYSE:UE) announced today the tax treatment of the 2020 dividend distributions on shares of its common stock. The federal income tax characteristics of the 2020 distributions paid with respect to Urban Edge Properties common stock (CUSIP #91704F104) are as follows: Distribution Type \u2013 Per share Record Date Payment Date Distribution Amount per share Ordinary Taxable Income Long Term Capital Gains Return of Capital 3\/16\/2020 3\/31\/2020 $0.22 $0.22 $0.00 $0.00 12\/31\/2020 1\/19\/2021 $0.46 $0.46 $0.00 $0.00 2020 Totals $0.68 $0.68 $0.00 $0.00 The fourth quarter 2020 dividend paid by the Company on January 19, 2021, to shareholders of record as of December 31, 2020, was … Continue reading "Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-19T12:03:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210119005223r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions\",\"datePublished\":\"2021-01-19T12:03:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\\\/\"},\"wordCount\":257,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210119005223r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/urban-edge-properties-announces-tax-treatment-of-2020-dividend-distributions\\\/\",\"name\":\"Urban Edge Properties Announces Tax Treatment of 2020 Dividend Distributions - 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