NEW YORK--(BUSINESS WIRE)--New Senior Investment Group Inc. (“New Senior” or the “Company”) (NYSE:SNR) announced today the tax treatment of its 2015 common stock distribution payments.
Common Stock Dividends
During 2015, distributions for New Senior’s common stock (CUSIP #648691103) totaled $0.98 per share. All of the Company’s distributions in 2015 are considered return of capital, as set forth in more detail below.
| Common Stock (CUSIP #648691103) | |||||||||||||||||||||||||||
| Record | Pay | Cash | Ordinary | Qualified | Long-Term | Return of | |||||||||||||||||||||
| Date | Date | Distribution | Dividend | Dividend(1) | Capital Gain | Capital | |||||||||||||||||||||
| 1/2/15 | 1/30/15 | $0.230000 | $0.000000 | $0.000000 | $0.000000 | $0.230000 | |||||||||||||||||||||
| 4/17/15 | 4/30/15 | $0.230000 | $0.000000 | $0.000000 | $0.000000 | $0.230000 | |||||||||||||||||||||
| 6/18/15 | 8/3/15 | $0.260000 | $0.000000 | $0.000000 | $0.000000 | $0.260000 | |||||||||||||||||||||
| 11/18/15 | 12/2/15 | $0.260000 | $0.000000 | $0.000000 | $0.000000 | $0.260000 | |||||||||||||||||||||
| Total | $0.980000 | $0.000000 | $0.000000 | $0.000000 | $0.980000 | ||||||||||||||||||||||
| (1) Qualified Dividend is a subset of, and included in, the Ordinary Dividend amount. |
The data provided in this press release is provided for informational purposes only and does not constitute tax advice. Stockholders are urged to consult their own tax advisors regarding any issues or decisions regarding the proper tax treatment of their distributions in respect of shares of New Senior.
ABOUT NEW SENIOR
New Senior is a real estate investment trust focused on investing in senior housing properties across the United States. The Company is the only pure play senior housing REIT and is one of the largest owners of senior housing properties. Currently, New Senior owns 154 properties located across 37 states. New Senior is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm. More information about New Senior can be found at www.newseniorinv.com.
