Campus Crest Communities, Inc. Announces Tax Reporting Information for 2013 Dividends

CHARLOTTE, N.C.--()--Campus Crest Communities, Inc. (the “Company”) (NYSE:CCG) today announced the tax reporting information (Federal 1099) for the Company’s 2013 distributions to shareholders. The 2013 distribution characteristics are as follows:

Common Stock – CUSIP Number 13466Y105:

Record

Date

  Payment

Date

Cash Distribution Per Share   Ordinary Taxable Dividend

(Box 1a)

  Qualified Dividend

(Box 1b) (1)

  Capital Gain

(Box 2a)

  Unrecaptured Section 1250

(Box 2b) (2)

  Return of Capital

(Box 3)

           
12/26/2012 1/9/2013 $ 0.1600000 $ 0.0256056 $ 0.0019347 $ 0.0046410 $ 0.0046410 $ 0.1297534
3/27/2013 4/10/2013 $ 0.1650000 $ 0.0264058 $ 0.0019952 $ 0.0047860 $ 0.0047860 $ 0.1338082
6/26/2013 7/10/2013 $ 0.1650000 $ 0.0264058 $ 0.0019952 $ 0.0047860 $ 0.0047860 $ 0.1338082
9/25/2013 10/9/2013 $ 0.1650000   $ 0.0264058   $ 0.0019952   $ 0.0047860   $ 0.0047860   $ 0.1338082  
 
Totals: $ 0.6550000 $ 0.1048230 $ 0.0079203 $ 0.0189990 $ 0.0189990 $ 0.5311780
Percentages: 100.0000 % 16.0035 % 1.2092 % 2.9006 % 2.9006 % 81.0959 %
 
(1 ) Included in Ordinary Taxable Dividend.
(2 ) Included in Capital Gain.

Series A Preferred Stock – CUSIP Number 13466Y204:

Record

Date

  Payment

Date

Cash Distribution Per Share   Ordinary Taxable Dividend

(Box 1a)

  Qualified Dividend

(Box 1b) (1)

  Capital Gain

(Box 2a)

  Unrecaptured Section 1250

(Box 2b) (2)

  Return of Capital

(Box 3)

           
12/26/2012 1/15/2013 $ 0.5000000 $ 0.4232805 $ 0.0319800 $ 0.0767195 $ 0.0767195 $ 0.0000000
3/27/2013 4/15/2013 $ 0.5000000 $ 0.4232805 $ 0.0319800 $ 0.0767195 $ 0.0767195 $ 0.0000000
6/26/2013 7/15/2013 $ 0.5000000 $ 0.4232805 $ 0.0319800 $ 0.0767195 $ 0.0767195 $ 0.0000000
9/25/2013 10/15/2013 $ 0.5000000   $ 0.4232805   $ 0.0319800   $ 0.0767195   $ 0.0767195   $ 0.0000000  
 
Totals: $ 2.0000000 $ 1.6931220 $ 0.1279200 $ 0.3068780 $ 0.3068780 $ 0.0000000
Percentages: 100.0000 % 84.6561 % 6.3960 % 15.3439 % 15.3439 % 0.0000 %
 
(1 ) Included in Ordinary Taxable Dividend.
(2 ) Included in Capital Gain.

The Company did not incur any foreign taxes. This information represents final income allocations.

About Campus Crest Communities, Inc.

Campus Crest Communities, Inc. is a leading developer, builder, owner and manager of high-quality student housing properties located close to college campuses in targeted markets. Pro forma for the Copper Beech restructure, the Company has ownership interests in 79 student housing properties and over ~43,000 beds across North America, of which 70 are operating and 9 are development or redevelopment properties. The Company is an equity REIT that differentiates itself through its vertical integration and consistent branding across the portfolio through three unique brands targeting different segments of the college student population. The Grove® brand offers more traditional apartment floor plans and focuses on customer service, privacy, on-site amenities and a proprietary residence life program. The Copper Beech brand and townhome product offers more residential-type living to students looking for a larger floor plan with a front door and back porch. The evo brand provides urban students with a luxury student housing option with all the conveniences of city living. Additional information can be found on the Company's website at http://www.campuscrest.com/.

Forward-Looking Statements

Forward-looking statements involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements. Please refer to the documents filed by Campus Crest Communities, Inc. with the SEC, specifically the most recent reports on Forms 10-K and 10-Q, which identify important risk factors which could cause actual results to differ from those contained in the forward-looking statements.

Contacts

Campus Crest Communities, Inc.
Investor Relations
Thomas Nielsen, (704) 496-2571
Investor.Relations@CampusCrest.com

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Contacts

Campus Crest Communities, Inc.
Investor Relations
Thomas Nielsen, (704) 496-2571
Investor.Relations@CampusCrest.com