LITTLE ROCK, Ark., January 25, 2023 (GLOBE NEWSWIRE) – Uniti Group Inc. (“Uniti”) UNIT today announced the tax treatment of its 2022 distributions. The following table summarizes the state income tax treatment of distributions on its common stock as expected to be reported on Form 1099 – DIV.
| Common Stock CUSIP (91325V108) | ||||||||||||||
| recording date |
payment date |
In total distribution per share |
ordinary dividend per share |
appreciation distribution per share |
No dividend distribution per share |
|||||||||
| 17.12.21 | 3.1.22 | $0.15 | $0.15 | $0.00 | $0.00 | |||||||||
| 1.4.22 | 15.4.22 | $0.15 | $0.15 | $0.00 | $0.00 | |||||||||
| 17.6.22 | 1.7.22 | $0.15 | $0.15 | $0.00 | $0.00 | |||||||||
| 9.9.22 | 9/23/22 | $0.15 | $0.15 | $0.00 | $0.00 | |||||||||
| 12/16/22 | 12/30/22 | $0.15 | $0.15 | $0.00 | $0.00 | |||||||||
| In total | $0.75 | $0.75 | $0.00 | $0.00 | ||||||||||
Ordinary dividend per share is non-qualified dividend income. Ordinary dividends per share are also reported on Form 1099-DIV, Box 5, as Section 199A Dividends. $0.005886 of each distribution will be treated as an ordinary dividend under Section 897. This amount is reported on Form 1099-DIV, Box 2e and is also included in the ordinary dividend per share.
The quarterly cash dividend of $0.15 per common share paid on January 3, 2022 to stockholders of record on December 17, 2021 is reported on Form 1099-DIV for tax year 2022 for federal income tax purposes.
ABOUT UNITI
Uniti, an internally managed real estate investment trust, engages in the acquisition and construction of mission-critical communications infrastructure and is a leading provider of fiber optic and other wireless solutions to the communications industry. As of September 30, 2022, Uniti owns approximately 134,000 fiber route miles, 8.0 million fiber strand miles and other communications properties in the United States. For more information about Uniti, visit its website at www.uniti.com.
INVESTOR AND MEDIA CONTACTS:
Paul Bullington, 251-662-1512
Senior Vice President, Chief Financial Officer…
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