RealNetworks Announces Tax Treatment for 2011 Special Dividend
SEATTLE, Jan. 18, 2012 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK) announced today the tax treatment for the special dividend paid on the company's common stock on Aug. 23, 2011. The cash dividend of $1.00 per share is classified for income tax purposes as follows: $0.687752 per share as non-dividend distributions (return of capital) and $0.312248 per share as taxable qualified dividends on the 2011 Form 1099-Div.
Shareholders are encouraged to consult with their personal tax advisors to determine the tax status of their stock ownership in RealNetworks and the tax treatment for the special dividend.
RealNetworks creates innovative applications and services that make it easy for people to connect with and enjoy digital media. RealNetworks invented the streaming media category and continues to connect consumers with their digital media both directly and through partners, aiming to support every network, device, media type and social network. Find RealNetworks corporate information at www.realnetworks.com/about-us.
SOURCE RealNetworks, Inc.