Core Viewpoint - Retail Opportunity Investments Corp. (ROIC) announced the federal tax treatment of its 2024 distributions, detailing the amounts and classifications for shareholders [1]. Distribution Details - The total distribution per share for each record date in 2024 is $0.1500, with ordinary income per share being $0.10140 and capital gain per share at $0.04860 [1]. - The distributions are eligible for the 20% qualified business income deduction under Section 199A, which is included in the ordinary income per share [1]. - The specific record and payable dates for the distributions are as follows: - March 15, 2024, payable on April 5, 2024 - June 14, 2024, payable on July 10, 2024 - September 20, 2024, payable on October 4, 2024 - December 20, 2024, payable on January 10, 2025 [1]. Company Overview - Retail Opportunity Investments Corp. is a fully-integrated, self-managed real estate investment trust (REIT) focused on grocery-anchored shopping centers in densely populated metropolitan areas on the West Coast [3]. - As of September 30, 2024, ROIC owned 93 shopping centers totaling approximately 10.5 million square feet, making it the largest publicly traded grocery-anchored shopping center REIT on the West Coast [3]. - ROIC is a member of the S&P SmallCap 600 Index and holds investment-grade corporate debt ratings from Moody's, S&P Global Ratings, and Fitch Ratings [3].
Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2024 Distributions