Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) has made an announcement regarding the tax treatment of its 2023 distributions. For those with an interest in the company, it is important to note the following details:
– Security Description: Common Stock
– CUSIP: 45781V101
– Ticker Symbol: IIPR
– Record Date: 12/30/2022
– Payable Date: 01/13/2023
– Total Distribution Per Share: $1.800000
– Allocable to 2023 Taxable: $1.470000
– Ordinary Dividend Return of Capital: $1.470000
– Long-Term Capital Gain Unrecaptured Section 1250 Gain(1): $0.000000
– Section 199A Dividend(2): $0.000000
This information is crucial for shareholders as they prepare their tax returns for the 2023 fiscal year. It is important to consider the specific breakdown of the distribution and how it will impact individual tax obligations.
Innovative Industrial Properties, Inc. continues to provide value to its investors through not only its business operations, but also in providing transparency and clarity in reporting tax-related information. This level of engagement and communication is a reflection of its commitment to upholding the highest standards of corporate governance and accountability.
As investors navigate the complexities of tax reporting, having access to clear and accurate information is essential. The breakdown of distributions provided by IIP allows shareholders to make informed decisions and fulfill their tax obligations accurately.
The company’s commitment to transparency and clear communication is not only beneficial for its shareholders, but also sets an example for other companies within the industry. By prioritizing accurate and accessible information, IIP demonstrates its dedication to building trust and fostering strong relationships with its investors.
In conclusion, Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) has provided important information regarding the tax treatment of its 2023 distributions. This transparency and commitment to clear communication reflect the company’s values and commitment to providing value to its shareholders. As investors navigate their tax obligations, they can rely on the accuracy and accessibility of the information provided by IIP.
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