New Senior Announces Tax Treatment of 2017 Dividends
January 30 2018 - 6:43PM
Business Wire
New Senior Investment Group Inc. (“New Senior” or the “Company”)
(NYSE:SNR) announced today the tax treatment of its 2017 common
stock distribution payments.
Common Stock Dividends
During 2017, distributions for New Senior’s common stock (CUSIP
#648691103) totaled $1.04 per share. The Company’s distributions in
2017 are considered 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 3/10/17 3/22/17
$0.260000 $0.000000 $0.000000 $0.000000 $0.000000 $0.260000 6/8/17
6/22/17 $0.260000 $0.000000 $0.000000 $0.000000 $0.000000 $0.260000
9/8/17 9/22/17 $0.260000 $0.000000 $0.000000 $0.000000 $0.000000
$0.260000 12/8/17 12/22/17 $0.260000 $0.000000
$0.000000 $0.000000 $0.000000 $0.260000
Total $1.040000
$0.000000 $0.000000 $0.000000
$0.000000 $1.040000
(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 Investment Group (NYSE: SNR) is a publicly-traded
real estate investment trust with a diversified portfolio of senior
housing properties located across the United States. As of
September 30, 2017, New Senior is one of the largest owners of
senior housing properties, with 148 properties 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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