Equity One Announces Tax Treatment Of 2012 Dividend Distributions

Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced today the tax treatment of the 2012 dividend distributions on shares of its common stock.

The federal income tax characteristics of the 2012 distributions paid with respect to Equity One, Inc. common stock (CUSIP #294752100 and traded under ticker symbol EQY) are as follows:
    (Boxes 1a + 2a + 3)  

Box 1a
 

Box 2a
 

Box 2b
 

Box 3
Cash Ordinary Total Unrecap
Record Payable Distribution Taxable Capital Sec. 1250 Nondividend

Date

Date

Per Share

Dividend (1 )

Gain Distr.

Gain (2)

Distributions (3)
 
3/16/12 3/30/12 $0.220000 $0.096188 $0.004788 $0.004788 $0.119024
6/15/12 6/29/12 $0.220000 $0.096188 $0.004788 $0.004788 $0.119024
9/14/12 9/30/12 $0.220000 $0.096188 $0.004788 $0.004788 $0.119024
12/17/12 12/31/12 $0.220000   $0.096188   $0.004788   $0.004788   $0.119024
 
Totals $0.880000   $0.384752   $0.019152   $0.019152   $0.476096
 
(1) None of the ordinary dividend represents “qualified dividend income.”
(2) Amounts in Box 2b are included in Box 2a.
(3) Amounts in Box 3 are also known as return of capital.

Shareholders are advised to consult their tax advisor about the specific tax treatment of Equity One’s 2012 dividends.

ABOUT EQUITY ONE, INC.

As of September 30, 2012, Equity One’s consolidated property portfolio comprised 167 properties, including 143 retail properties and five non-retail properties totaling approximately 16.7 million square feet of gross leasable area, or GLA, 12 development or redevelopment properties with approximately 2.5 million square feet of GLA upon completion, and seven land parcels. As of September 30, 2012, Equity One’s core portfolio was 91.8% leased and included national, regional and local tenants. Additionally, Equity One had joint venture interests in 19 retail properties and two office buildings totaling approximately 2.8 million square feet of GLA.

Copyright Business Wire 2010

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