New Senior Announces Tax Treatment of 2016 Dividends
01 February 2017 - 10:46AM
Business Wire
New Senior Investment Group Inc. (“New Senior” or the “Company”)
(NYSE:SNR) announced today the tax treatment of its 2016 common
stock distribution payments.
Common Stock Dividends
During 2016, distributions for New Senior’s common stock (CUSIP
#648691103) totaled $1.04 per share. The Company’s distributions in
2016 are considered long-term capital gain, and return of capital,
as set forth in more detail below.
Common Stock (CUSIP
#648691103) Record Pay Cash
Ordinary Qualified Long-Term
Unrecaptured Return of Date
Date Distribution
Dividend Dividend(1)
Capital Gain Sec. 1250
Gain(2) Capital 3/8/16 3/22/16
$0.260000 $0.000000 $0.000000 $0.016935 $0.001801 $0.243065 6/8/16
6/22/16 $0.260000 $0.000000 $0.000000 $0.016935 $0.001801 $0.243065
9/8/16 9/22/16 $0.260000 $0.000000 $0.000000 $0.016935 $0.001801
$0.243065 12/8/16 12/22/16 $0.260000
$0.000000 $0.000000
$0.016935 $0.001801 $0.243065
Total $1.040000
$0.000000 $0.000000
$0.067740 $0.007204
$0.972260
(1) Qualified Dividend is a subset of, and
included in, the Ordinary Dividend amount.
(2) Unrecaptured Sec. 1250 Gain is a
subset of, and included in, the Long-Term Capital Gain amount.
The data provided in this press release is provided for
informational purposes only and does not constitute tax advice.
Stockholders are urged to consult their own tax advisors regarding
any issues or decisions regarding the proper tax treatment of their
distributions in respect of shares of New Senior.
ABOUT NEW SENIOR
New Senior is a real estate investment trust focused on
investing in senior housing properties across the United States.
The Company is the only pure play senior housing REIT and is one of
the largest owners of senior housing properties. As of September
30, 2016, New Senior owned 154 properties located across 37 states.
New Senior is managed by an affiliate of Fortress Investment Group
LLC, a global investment management firm. More information about
New Senior can be found at www.newseniorinv.com.
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New Senior Investment Group Inc.David Smith, 212-515-7783
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