DDR Corp. Announces Tax Allocations of 2013 Dividend Distributions

BEACHWOOD, Ohio, Jan. 15, 2014 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the tax allocations of 2013 dividend distributions on its common shares and three series of preferred shares.

(Logo: http://photos.prnewswire.com/prnh/20131217/DDRLOGO )

For shareholders of DDR Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2013 dividends. The amounts indicated on Form 1099-DIV should be reported on shareholders' 2013 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Please note that the January 4, 2013 common share distribution is included in the tax allocations for 2013 and the January 7, 2014 common share distribution will be included in the tax allocations for 2014.

Common Shares (NYSE: DDR)




















Unrecaptured



Record

Payable

Ordinary

Total

Return of

Total

Qualified

Sec. 1250

Period

CUSIP

Date

Date

Dividends

Capital Gain

Capital (1)

Dividends

Dividends (2)

Gain

4Q12

23317H102

12/17/2012

01/04/2013

0.003589

0.000000

0.116411

0.120000

0.001026

0.000000

1Q13

23317H102

03/14/2013

04/02/2013

0.004038

0.000000

0.130962

0.135000

0.001155

0.000000

2Q13

23317H102

06/13/2013

07/02/2013

0.004038

0.000000

0.130962

0.135000

0.001155

0.000000

3Q13

23317H102

09/23/2013

10/08/2013

0.004038

0.000000

0.130962

0.135000

0.001155

0.000000











Total




0.015703

0.000000

0.509297

0.525000

0.004491

0.000000

Redeemed Preferred Class H Depositary Shares (NYSE: DDR_ph) (3)




















Unrecaptured



Record

Payable

Ordinary

Total

Return of

Total

Qualified

Sec. 1250

Period

CUSIP

Date

Date

Dividends

Capital Gain

Capital (1)

Dividends

Dividends (2)

Gain

01/15/13 – 04/14/13

23317H508

04/01/2013

04/15/2013

0.460938

0.000000

0.000000

0.460938

0.131817

0.000000

04/15/13 – 05/06/13

23317H508

05/06/2013

05/06/2013

0.112700

0.000000

0.000000

0.112700

0.032229

0.000000

Total




0.573638

0.000000

0.000000

0.573638

0.164046

0.000000

Unredeemed Preferred Class H Depositary Shares (NYSE: DDR_ph)




















Unrecaptured



Record

Payable

Ordinary

Total

Return of

Total

Qualified

Sec. 1250

Period

CUSIP

Date

Date

Dividends

Capital Gain

Capital (1)

Dividends

Dividends (2)

Gain

01/15/13 – 04/14/13

23317H508

04/01/2013

04/15/2013

0.460938

0.000000

0.000000

0.460938

0.131817

0.000000

04/15/13 – 07/14/13

23317H508

07/01/2013

07/15/2013

0.460938

0.000000

0.000000

0.460938

0.131816

0.000000

07/15/13 – 10/14/13

23317H508

10/01/2013

10/15/2013

0.460938

0.000000

0.000000

0.460938

0.131817

0.000000

10/15/13 – 01/14/14

23317H508

12/31/2013

01/15/2014

0.460938

0.000000

0.000000

0.460938

0.131816

0.000000

Total




1.843752

0.000000

0.000000

1.843752

0.527266

0.000000

Preferred Class J Depositary Shares (NYSE: DDR_pj)




















Unrecaptured



Record

Payable

Ordinary

Total

Return of

Total

Qualified

Sec. 1250

Period

CUSIP

Date

Date

Dividends

Capital Gain

Capital (1)

Dividends

Dividends (2)

Gain

01/15/13 – 04/14/13

23317H607

04/01/2013

04/15/2013

0.406250

0.000000

0.000000

0.406250

0.116177

0.000000

04/15/13 – 07/14/13

23317H607

07/01/2013

07/15/2013

0.406250

0.000000

0.000000

0.406250

0.116177

0.000000

07/15/13 – 10/14/13

23317H607

10/01/2013

10/15/2013

0.406250

0.000000

0.000000

0.406250

0.116177

0.000000

10/15/13 – 01/14/14

23317H607

12/31/2013

01/15/2014

0.406250

0.000000

0.000000

0.406250

0.116178

0.000000

Total




1.625000

0.000000

0.000000

1.625000

0.464709

0.000000

Preferred Class K Depositary Shares (NYSE: DDR_pk)




















Unrecaptured



Record

Payable

Ordinary

Total

Return of

Total

Qualified

Sec. 1250

Period

CUSIP

Date

Date

Dividends

Capital Gain

Capital (1)

Dividends

Dividends (2)

Gain

04/09/13 – 07/14/13

23317H805

07/01/2013

07/15/2013

0.416670

0.000000

0.000000

0.416670

0.119158

0.000000

07/15/13 – 10/14/13

23317H805

10/01/2013

10/15/2013

0.390630

0.000000

0.000000

0.390630

0.111710

0.000000

10/15/13 – 01/14/14

23317H805

12/31/2013

01/15/2014

0.390630

0.000000

0.000000

0.390630

0.111710

0.000000

Total




1.197930

0.000000

0.000000

1.197930

0.342578

0.000000

(1)

Represents a return of stockholders' original investment



(2)

Represents additional characterization of amounts included in Ordinary Dividends



(3)

$150 million of the $200 million issued and outstanding Class H Preferred Shares were redeemed on May 6, 2013 at a redemption price of $25.00 per Depositary Share plus accrued and unpaid dividends of $0.1127 per Depositary Share to the redemption date for a total payment of $25.1127 per Depositary Share

About DDR Corp.
DDR is an owner and manager of 415 value-oriented shopping centers representing 115 million square feet in 39 states, Puerto Rico and Brazil. The Company's assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the company is available at www.ddr.com, as well as on Twitter, LinkedIn and Facebook.

SOURCE DDR Corp.



RELATED LINKS
http://www.ddr.com

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