This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Inland Real Estate Corporation Announces Tax Allocation Of 2012 Cash Distributions

Inland Real Estate Corporation (NYSE: IRC) today announced the tax allocation of the cash distributions paid during 2012 on its preferred and common shares.

Each stockholder of record receiving cash distributions in 2012 will receive a Form 1099-DIV summarizing the allocation of his or her cash distributions. Thus, the tax allocation provided in this press release is provided for informational purposes only. Stockholders are advised to consult with their tax advisors about the specific tax treatment of cash distributions paid by Inland Real Estate Corporation in 2012.

Inland Real Estate Corporation currently pays a cash distribution of $0.169271 per share on a monthly basis to stockholders of its 8.125% Series A Cumulative Redeemable Preferred Stock. The January distribution declared on December 14, 2012, with a record date of January 2, 2013 and payment date of January 15, 2013, is reportable for tax purposes in 2013 and is not reflected in the 2012 tax allocation. The following table, presented on a per share basis, summarizes the tax allocation determined by Inland Real Estate Corporation.

Preferred Shares (NYSE:IRCPrA)CUSIP: 457461408

                         
    Distribution   Ordinary   Qualified   Total Capital   Nondividend
Record Date   Payment Date   Per Share   Dividends   Dividends (1)   Gain   Distributions
01/02/12   01/17/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
02/01/12   02/15/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
03/01/12   03/15/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
04/02/12   04/16/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
05/01/12   05/15/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
06/01/12   06/15/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
07/02/12   07/16/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
08/01/12   08/15/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
09/04/12   09/17/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
10/01/12   10/15/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
11/01/12   11/15/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
12/03/12   12/17/12   $ 0.169271     $ 0.169271     $ 0.027442     $     $
TOTAL       $ 2.031252     $ 2.031252     $ 0.329304     $     $
 

Inland Real Estate Corporation currently pays a cash distribution of $0.0475 per share to stockholders of its common stock on a monthly basis. The January distribution declared on December 17, 2012, with a record date of December 31, 2012 and payment date of January 17, 2013, will be a split-year distribution with $0.032034 allocable to 2012 for federal income tax purposes and $0.015466 allocable to 2013 for federal income tax purposes. The following table, presented on a per share basis, summarizes the tax allocation determined by Inland Real Estate Corporation.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs