Tiptree Inc. (NASDAQ: TIPT) announced the income tax treatment of its 2020 common stock distribution payments. Total 2020 distributions to common stockholders were $0.16 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 | Unrecaptured | Nondividend | Section 199A |
3/23/2020 | 3/30/2020 | $0.04 | - | - | - | - | $0.04 | - |
5/18/2020 | 5/25/2020 | $0.04 | - | - | - | - | $0.04 | - |
8/24/2020 | 8/31/2020 | $0.04 | - | - | - | - | $0.04 | - |
11/23/2020 | 11/30/2020 | $0.04 | - | - | - | - | $0.04 | - |
Total | $0.16 | - | - | - | - | $0.16 | - | |
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) is a holding company that allocates capital across a broad spectrum of businesses, assets and other investments. Our principal operating business, Fortegra, is a specialty insurance program underwriter and service provider, which focuses on niche business lines and fee-oriented services. We also allocate capital to a diverse group of select investments that we refer to as Tiptree Capital. For more information, please visit www.tiptreeinc.com.
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