Uniti Group Inc. Announces Tax Reporting Information for 2024 Distributions

Core Points - Uniti Group Inc. announced the tax treatment of its 2024 distributions, detailing the federal income tax implications for its common shares [1] - The total distribution per share for 2024 is $0.4500, with ordinary dividends accounting for$0.3882 and capital gains of $0.0378 [1] - The company is a real estate investment trust focused on mission-critical communications infrastructure, owning approximately 144,000 fiber route miles and 8.7 million fiber strand miles as of September 30, 2024 [2] Distribution Details - For the record date of December 15, 2023, the payment date is January 4, 2024, with a distribution of$0.1500 per share, including $0.1294 as ordinary dividend and$0.0126 as capital gain [1] - Similar distributions of $0.1500 per share are scheduled for March 28, 2024, and June 14, 2024, with the same breakdown of ordinary dividends and capital gains [1] - Each distribution includes$0.0273 treated as Section 897 Ordinary Dividends and $0.0126 as Section 897 Capital Gains, which will be reported on Form 1099-DIV [1] Company Overview - Uniti is engaged in the acquisition and construction of communications infrastructure and is a leading provider of fiber and wireless solutions [2] - The company operates throughout the United States, focusing on expanding its fiber network and other communications real estate [2]