Tiptree Inc. ("Tiptreeā) (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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240104628461/en/
Contacts
Tiptree Inc.
Investor Relations, 212-446-1400
ir@tiptreeinc.com