DDR Corp. Announces Tax Allocations of 2014 Dividend Distributions

BEACHWOOD, Ohio, Jan. 16, 2015 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced the tax allocations of 2014 dividend distributions on its common shares and three series of preferred shares.

(Logo: http://photos.prnewswire.com/prnh/20131217/DDRLOGO )

For shareholders of DDR Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2014 dividends. The amounts indicated on Form 1099-DIV should be reported on shareholders' 2014 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Please note that the January 7, 2014 common share distribution is included in the tax allocations for 2014 and the January 6, 2015 common share distribution will be included in the tax allocations for 2015.

Common Shares (NYSE: DDR)
Period	CUSIP		Record Date			Payable Date			Ordinary Dividends			Total Capital Gain			Return of Capital (1)				Total Dividends			Qualified Dividends (2)				Unrecaptured Sec. 1250 Gain
4Q13	23317H102		12/17/2013			01/07/2014			0.012391			0.019856			0.102753				0.135000			0.000740				0.000000
1Q14	23317H102		03/13/2014			04/08/2014			0.014227			0.022798			0.117975				0.155000			0.000849				0.000000
2Q14	23317H102		06/12/2014			07/08/2014			0.014227			0.022798			0.117975				0.155000			0.000849				0.000000
3Q14	23317H102		09/26/2014			10/10/2014			0.014227			0.022798			0.117975				0.155000			0.000849				0.000000
Total									0.055072			0.088250			0.456678				0.600000			0.003287				0.000000
Preferred Class H Depositary Shares (NYSE: DDR_ph)
Period		CUSIP		Record Date			Payable Date			Ordinary Dividends			Total Capital Gain			Return of Capital (1)				Total Dividends				Qualified Dividends (2)			Unrecaptured Sec. 1250 Gain
01/15/14 – 04/14/14		23317H508		04/01/2014			04/15/2014			0.177115			0.283823			0.000000				0.460938				0.010574			0.000000
04/15/14 – 05/30/14		23317H508		05/30/2014			05/30/2014			0.088570			0.141930			0.000000				0.230500				0.005288			0.000000
Total										0.265685			0.425753			0.000000				0.691438				0.015862			0.000000
Preferred Class J Depositary Shares (NYSE: DDR_pj)
Period		CUSIP			Record Date			Payable Date			Ordinary Dividends			Total Capital Gain			Return of Capital (1)			Total Dividends			Qualified Dividends (2)					Unrecaptured Sec. 1250 Gain
01/15/14 – 04/14/14		23317H607			04/01/2014			04/15/2014			0.156101			0.250149			0.000000			0.406250			0.009320					0.000000
04/15/14 – 07/14/14		23317H607			07/01/2014			07/15/2014			0.156102			0.250148			0.000000			0.406250			0.009320					0.000000
07/15/14 – 10/14/14		23317H607			10/01/2014			10/15/2014			0.156102			0.250148			0.000000			0.406250			0.009320					0.000000
10/15/14 – 01/14/15		23317H607			12/31/2014			01/15/2015			0.156102			0.250148			0.000000			0.406250			0.009320					0.000000
Total											0.624407			1.000593			0.000000			1.625000			0.037280					0.000000
Preferred Class K Depositary Shares (NYSE: DDR_pk)
Period		CUSIP		Record Date				Payable Date			Ordinary Dividends			Total Capital Gain			Return of Capital (1)			Total Dividends			Qualified Dividends (2)						Unrecaptured Sec. 1250 Gain
01/15/14 – 04/14/14		23317H805		04/01/2014				04/15/2014			0.150099			0.240531			0.000000			0.390630			0.008961						0.000000
04/15/14 – 07/14/14		23317H805		07/01/2014				07/15/2014			0.150100			0.240530			0.000000			0.390630			0.008962						0.000000
07/15/14 – 10/14/14		23317H805		10/01/2014				10/15/2014			0.150100			0.240530			0.000000			0.390630			0.008961						0.000000
10/15/14 – 01/14/15		23317H805		12/31/2014				01/15/2015			0.150100			0.240530			0.000000			0.390630			0.008962						0.000000
Total											0.600399			0.962121			0.000000			1.562520			0.035846						0.000000
(1)       Represents a return of stockholders' original investment
(2)       Represents additional characterization of amounts included in Ordinary Dividends

About DDR Corp.
DDR is an owner and manager of 415 value-oriented shopping centers representing 118 million square feet in 41 states and Puerto Rico. The Company's assets are concentrated in high barrier-to-entry markets with stable populations and high growth potential and its portfolio is actively managed to create long-term shareholder value. DDR is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the Company is available at www.ddr.com, as well as on Twitter, LinkedIn and Facebook.

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SOURCE DDR Corp.

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