Clipper Realty Inc. Announces Tax Information For 2023 Distributions

Clipper Realty Inc. (NYSE: CLPR), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced the Federal income tax treatment of its 2023 dividends to holders of its common stock.

 

Record Date

 

Payable Date

 

Total Dividend Per Share

 

Ordinary Dividend

 

Qualified Dividend

 

Nontaxable Dividend

3/27/2023

4/05/2023

$0.0950

$0.0095

$0.0000

$0.0855

5/15/2023

5/24/2023

$0.0950

$0.0095

$0.0000

$0.0855

8/15/2023

8/23/2023

$0.0950

$0.0095

$0.0000

$0.0855

11/14/2023

11/22/2023

$0.0950

$0.0095

$0.0000

$0.0855

Shareholders are advised to consult their tax advisor about the specific tax treatment of 2023 dividends.

About Clipper Realty

Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. For more information on Clipper Realty Inc., please visit www.clipperrealty.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240220383197/en/

Investors: Clipper Realty Inc. Lawrence Kreider, CFO 718-438-2804 x2231 M: 917-370-2046 www.ClipperRealty.com