Understanding Tax Treatment on Retail Opportunity Investments

New Tax Treatment Announced by Retail Opportunity Investments Corp.

Retail Opportunity Investments Corp. (NASDAQ: ROIC) has shared important information regarding the federal tax treatment of its distributions for the upcoming year, aiming to provide clarity to its shareholders. As investors receive these distributions, understanding the tax implications is crucial for accurate reporting and financial planning.

Details on the 2024 Distributions

In 2024, shareholders will see various distributions on their ordinary shares, which will be reported on Form 1099-DIV. Each distribution has specific details regarding record dates, payable dates, and amounts that will be classified under different taxation categories. This structured reporting helps inform investors about how each distribution may impact their finances.

Key Dates and Amounts

According to the reporting guidance, several significant dates are to be noted by investors. The record date for distributions is essential for determining who will receive the payments, while the payable date indicates when those payments will be distributed. For instance, one calendar event includes a record date of March 15, 2024, with a payable date set for April 5, 2024. Shareholders should keep a keen eye on these dates to ensure they receive their rightful distributions.

Breaking Down the Tax Categories

The total distribution per share has been set at $0.1500 for various quarters throughout 2024. This amount is divided into ordinary income and capital gain classifications. Specifically, $0.10140 will be characterized as ordinary income per share, which is subject to different tax treatments compared to capital gains. Understanding these distinctions significantly impacts shareholders' overall tax obligations.

Consulting with Tax Advisors

With various elements linked to tax treatment, shareholders of Retail Opportunity Investments Corp. are encouraged to consult their tax advisors for personalized advice. Each investor’s situation may differ, and professional guidance ensures accurate and beneficial financial decisions are made considering the specific tax implications of the distributions they receive.

About Retail Opportunity Investments Corp.

Retail Opportunity Investments Corp. (NASDAQ: ROIC) operates as a notable player in the real estate sector. This fully-integrated, self-managed real estate investment trust (REIT) focuses on the acquisition and management of grocery-anchored shopping centers, primarily on the West Coast. To date, ROIC has established an impressive portfolio encompassing 93 shopping centers, summing up to approximately 10.5 million square feet of real estate.

Position in the Market

As the leading publicly-traded REIT specializing in grocery-anchored shopping centers, ROIC dedicates its efforts to densely-populated metropolitan markets. The company holds membership in the S&P SmallCap 600 Index and enjoys favorable ratings from major credit rating agencies, an indication of its strong financial standing and operational efficiency.

Investor Relations Contact

For additional insights or inquiries, investors can connect with Ms. Nicolette O’Leary, the Investor Relations representative at Retail Opportunity Investments Corp. She is available at 858-677-0900 or via email at noleary@roireit.net. Engaging with IR can provide valuable information directly from the source, enhancing shareholders' understanding of their investments.

Frequently Asked Questions

What are the expected distribution amounts for 2024?

Each distribution is set at $0.1500 per share across several record dates throughout 2024.

When will the distributions be payable?

Distributions will be payable following their respective record dates, with the first payable on April 5, 2024.

How is ordinary income treated compared to capital gains?

Ordinary income is taxed differently than capital gains, often at a higher rate, making it essential for shareholders to understand these categories.

Who should I consult regarding tax treatment?

It is recommended that shareholders consult their personal tax advisors to understand how ROIC's distributions will personally impact their financial situations.

What is Retail Opportunity Investments Corp.'s market position?

ROIC is the largest publicly-traded REIT focusing exclusively on grocery-anchored shopping centers on the West Coast, highlighting its significant market presence.

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