SITE Centers Announces Tax Allocations of 2024 Dividend Distributions

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced the tax allocations of 2024 distributions on its common shares and preferred shares.

For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2024 distributions, including the spin-off of Curbline Properties Corp. (NYSE: CURB). The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2024 federal income tax returns. The schedule below, presented in dollars on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Common Shares (NYSE: SITC)

Period

CUSIP

Record Date

Payable Date

Ordinary Dividends

Total Capital Gain Distribution

Return of Capital

Total Distributions

Section 199A Dividends

Unrecaptured Sec. 1250 Gain

4Q23

82981J851

12/11/2023

01/05/2024

$0.000000

$0.037501

$0.092499

$ 0.130000

$0.000000

$0.019962

1Q24

82981J851

03/14/2024

04/05/2024

$0.000000

$0.037501

$0.092499

$ 0.130000

$0.000000

$0.019962

2Q24

82981J851

06/18/2024

07/09/2024

$0.000000

$0.037501

$0.092499

$ 0.130000

$0.000000

$0.019962

CURB SPIN-OFF

82981J851

09/23/2024

10/01/2024

$0.000000

$12.859807

$31.720193

$44.580000

$0.000000

$6.845400

Total

 

 

 

$0.000000

$12.972310

$31.997690

$44.970000

$0.000000

$6.905286

Preferred Class A Depositary Shares (NYSE: SITC_pa)

Period

CUSIP

Record Date

Payable Date

Ordinary Dividends

Total Capital Gain Distribution

Return of Capital

Total Distributions

Section 199A Dividends

Unrecaptured Sec. 1250 Gain

01/15/24 –

04/14/24

82981J877

03/28/2024

04/15/2024

$0.000000

$0.398440

$0.000000

$0.398440

$0.000000

$0.398440

04/15/24–

07/14/24

82981J877

06/28/2024

07/15/2024

$0.000000

$0.398440

$0.000000

$0.398440

$0.000000

$0.398440

07/15/24 –

10/14/24

82981J877

09/30/2024

10/15/2024

$0.000000

$0.398440

$0.000000

$0.398440

$0.000000

$0.398440

10/15/24 –

11/26/24

82981J877

11/26/2024

11/26/2024

$0.000000

$0.181500

$0.000000

$0.181500

$0.000000

$0.181500

Total

 

 

 

$0.000000

$1.376820

$0.000000

$1.376820

$0.000000

$1.376820

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers primarily located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the NYSE under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250128201620/en/

For additional information: Gerry Morgan, EVP and Chief Financial Officer 216-755-5500