Campus Crest Communities, Inc. Announces Tax Reporting Information for 2015 Dividends

25 Feb, 2016, 16:15 ET from Campus Crest Communities, Inc.

CHARLOTTE, N.C., Feb. 25, 2016 /PRNewswire/ -- Campus Crest Communities, Inc. (the "Company") (NYSE: CCG) today announced the tax reporting information (Federal 1099) for the Company's 2015 distributions to shareholders.  The 2015 distribution characteristics are as follows:

Common Stock – CUSIP Number 13466Y105:

Record Date

Payment Date

Cash Distribution Per Share

Ordinary Taxable Dividend (Box 1a)

Qualified Dividend (Box 1b) (1)

Capital Gain (Box 2a)

Unrecaptured Section 1250 (Box 2b) (2)

Return of Capital (Box 3)

12/19/2014

1/29/2015

$0.0900000

$0.0000000

$0.0000000

$0.0000000

$0.0000000

$0.0900000

Totals:

$0.0900000

$0.0000000

$0.0000000

$0.0000000

$0.0000000

$0.0900000

Percentages:

100.0000%

0.0000%

0.0000%

0.0000%

0.0000%

100.0000%

(1)

Included in Ordinary Taxable Dividend.

(2)

Included in Capital Gain.

 

Series A Preferred Stock – CUSIP Number 13466Y204:

Record Date

Payment Date

Cash Distribution Per Share

Ordinary Taxable Dividend (Box 1a)

Qualified Dividend (Box 1b) (1)

Capital Gain (Box 2a)

Unrecaptured Section 1250 (Box 2b) (2)

Return of Capital (Box 3)

12/19/2014

1/15/2015

$0.5000000

$0.0000000

$0.0000000

$0.0000000

$0.0000000

$0.5000000

Totals:

$0.5000000

$0.0000000

$0.0000000

$0.0000000

$0.0000000

$0.5000000

Percentages:

100.0000%

0.0000%

0.0000%

0.0000%

0.0000%

100.0000%

(1)

Included in Ordinary Taxable Dividend.

(2)

Included in Capital Gain.

 

The Company did not incur any foreign taxes. This information represents final income allocations.

In accordance with IRS Code Section 6045B, the company has posted Form 8937, "Report of Organizational Actions Affecting Basis of Securities," which is available on our website at http://www.campuscrest.com.  This form will provide detailed information on the return of capital portion of the common share distributions.

About Campus Crest Communities, Inc.

Campus Crest Communities, Inc. is a leading owner and manager of high-quality student housing properties located close to college campuses in targeted markets. It has ownership interests in 79 student housing properties with over 42,000 beds across North America. Additional information can be found on the Company's website at http://www.campuscrest.com.

Forward-Looking Statements

Forward-looking statements involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements. Please refer to the documents filed by Campus Crest Communities, Inc. with the SEC, specifically the most recent reports on Forms 10-K and 10-Q, which identify important risk factors which could cause actual results to differ from those contained in the forward-looking statements.

SOURCE Campus Crest Communities, Inc.



RELATED LINKS

http://www.campuscrest.com