General Growth Properties Announces Tax Reporting Information for 2011 Distributions
CHICAGO, Jan. 19, 2012 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) announced today the tax reporting information for 2011 distributions on its common stock as shown below.
For 2011, $0.826000 per common share was distributed in the form of cash and Rouse Properties, Inc. common stock. Of this amount, $0.599298 per common share is taxable in 2011. The remainder of $0.226702 will be taxable in 2012. Distributions include an allocation of Unrecaptured Section 1250 Gain which is included in the Capital Gain Distribution figures. Federal Form 1099 will be mailed no later than January 31, 2012. Taxability of the 2011 distributions is not necessarily indicative of future distributions.
General Growth Properties, Inc. Common Stock
CUSIP 370023103
Ticker Symbol: GGP
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2011 TAX INFORMATION |
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| Record Date |
Payable Date |
Type of Distribution |
Total Distribution Per Share |
2012 Taxable Distribution |
Total Taxable Distribution |
Taxable Ordinary Dividends |
Capital Gain Distribution |
Unrecaptured Sec. 1250 Gain |
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| 4/15/11 |
4/29/11 |
Cash |
$0.100000 |
$0.000000 |
$0.100000 |
$0.050635 |
$0.049365 |
$0.023033 |
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| 7/15/11 |
7/29/11 |
Cash |
0.100000 |
0.000000 |
0.100000 |
0.050635 |
0.049365 |
0.023033 |
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| 10/14/11 |
10/31/11 |
Cash |
0.100000 |
0.000000 |
0.100000 |
0.050635 |
0.049365 |
0.023033 |
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| 12/30/11 |
1/13/12 |
Cash |
0.100000 |
0.043849 |
0.056151 |
0.028432 |
0.027719 |
0.012933 |
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| 12/30/11 |
1/12/12 |
Stock |
0.426000 |
0.182853 |
0.243147 |
0.123118 |
0.120029 |
0.056005 |
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TOTAL |
$0.826000 |
$0.226702 |
$0.599298 |
$0.303455 |
$0.295843 |
$0.138037 |
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| PERCENT OF ANNUAL TOTAL |
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100.00% |
50.64% |
49.36% |
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ABOUT GGP
General Growth Properties, Inc. owns or has an interest in 136 regional shopping malls comprising approximately 140 million square feet of gross leasable area in the United States. GGP is headquartered in Chicago, Illinois and is publicly traded on the NYSE under the symbol GGP. For further information please visit the GGP website at www.GGP.com.
| INVESTORS: |
MEDIA: |
| Kevin Berry |
David Keating |
| (312) 960-5529 |
(312) 960-6325 |
SOURCE General Growth Properties, Inc.
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