Brixmor Property Group Inc. has released tax reporting information for its 2025 distributions on common stock, as detailed in a recent announcement. Investors can expect the information to be reported on Form 1099-DIV, providing essential details on per share distributions. These distributions are significant for shareholders and include various classifications such as ordinary dividends and capital gains.
Distribution Details for 2025
The company outlined the distribution schedule for its common shares (NYSE: BRX) as follows:
– **Record Date:** January 3, 2025
– **Payable Date:** January 15, 2025
– **Total Distribution Per Share:** $0.2875
– **Total Ordinary Dividends:** $0.2804
– **Total Capital Gain Distributions:** $0.0071
This pattern continues throughout the year, with similar distributions planned for April, July, and October. By the end of 2025, Brixmor anticipates total distributions of **$1.1500**, which breaks down into **$1.1216** in ordinary dividends and **$0.0284** in capital gain distributions.
The company highlighted that according to Treasury Regulations, the amounts disclosed are **$0.00** for applicable partnership interests under section 1061 of the Internal Revenue Code. This clarity is crucial for shareholders as it impacts tax liabilities and investment strategies.
Company Overview and Communication Strategy
Brixmor Property Group, headquartered in New York, operates a national portfolio of open-air shopping centers, totaling approximately **63 million square feet** across **354 retail locations**. The company emphasizes its commitment to being the heart of the communities it serves, housing a diverse mix of over **5,000 retailers**, including major brands like **The TJX Companies** and **The Kroger Co.**.
Investors seeking more information can access updates through Brixmor’s official website, as well as various social media platforms, including LinkedIn and Facebook. The company regularly shares material information through SEC filings, press releases, and public webcasts, ensuring that stakeholders remain informed about significant developments.
Brixmor’s commitment to transparent communication is evident in its proactive approach to investor relations. By utilizing multiple channels, the company aims to keep its investors and the public engaged and informed about its performance and future outlook.
The announcement also includes a forward-looking statement disclaimer, which outlines potential risks and uncertainties that could affect Brixmor’s future performance. These factors include economic fluctuations, competition, and changes in governmental regulations, among others. Investors are encouraged to review these disclosures in the company’s periodic filings with the SEC.
In summary, Brixmor Property Group’s announcement provides valuable tax reporting information for shareholders and reinforces its commitment to transparency and community engagement.
