Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Inland Real Estate Corporation Announces Tax Allocation Of 2012 Cash Distributions

Stock quotes in this article: IRC 

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.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

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
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

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
Stocks Under $10
TRY IT FREE

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
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

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 + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

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.
DOW 15,307.17 -80.41 -0.52%
NASDAQ 3,463.30 -38.82 -1.11%
S&P 500 1,655.35 -13.81 -0.83%
US 10 Yr 2.026% +0.082

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs