(MENAFN Editorial) NEW YORK, Feb. 1, 2018 /PRNewswire/ --Bluerock Residential Growth REIT, Inc. announced today that the income tax treatment for the 2017 dividends on the Company's common stock and preferred stock is as follows:
REPORTING INFORMATION (FORM 1099) – DIVIDENDS
The income tax treatment for 2017 dividends for Bluerock Residential Growth REIT, Inc. Class A common stock, CUSIP No. 09627J102, traded on the NYSE American Exchange under ticker symbol BRG, is as follows (as reported on Form 1099-DIV):
CUSIP # 09627J102
Payable
Date
Ordinary
Dividend
Rate
Total Capital
Gains Rate
20 %
Rate Gain
Total
Capital Gain
1/5/2017
$ 0.0966670
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
2/3/2017
$ 0.0966660
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
3/3/2017
$ 0.0966670
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
4/5/2017
$ 0.0966670
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
5/5/2017
$ 0.0966660
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
6/5/2017
$ 0.0966670
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
7/5/2017
$ 0.0966670
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
8/4/2017
$ 0.0966660
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
9/5/2017
$ 0.0966670
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
10/5/2017
$ 0.0966670
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
11/3/2017
$ 0.0966660
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
12/5/2017
$ 0.0966670
4.00450%
31.78530%
100.0000%
78.70650%
100.0000%
CUSIP # 09627J508
Payable
Date
Ordinary
Dividend
Rate
Total
Section
1250 Gain
1/5/2017
$ 0.5156250
11.1890%
100.0000%
78.7065%
100.0000%
4/5/2017
$ 0.5156250
11.1890%
100.0000%
78.7065%
100.0000%
7/5/2017
$ 0.5156250
11.1890%
100.0000%
78.7065%
100.0000%
10/5/2017
$ 0.5156250
11.1890%
100.0000%
78.7065%
100.0000%
Payable
Date
Ordinary
Dividend
Rate
Total
Section
1250
Gain
1/5/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
2/3/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
3/3/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
4/5/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
5/5/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
6/5/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
7/5/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
8/4/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
9/5/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
10/5/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
11/3/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
12/5/2017
$ 5.0000000
11.1890%
100.0000%
78.7065%
100.0000%
CUSIP # 09627J748
Payable
Date
Ordinary
Dividend
Rate
Total
Section
1250 Gain
1/5/2017
$ 0.4765625
11.1890%
100.0000%
78.7065%
100.0000%
4/5/2017
$ 0.4765625
11.1890%
100.0000%
78.7065%
100.0000%
7/5/2017
$ 0.4765625
11.1890%
100.0000%
78.7065%
100.0000%
10/5/2017
$ 0.4765625
11.1890%
100.0000%
78.7065%
100.0000%
CUSIP # 09627J656
Payable
Date
Ordinary
Dividend
Rate
Total
Section
1250 Gain
1/5/2017
$ 0.3859000
11.1890%
100.0000%
78.7065%
100.0000%
4/5/2017
$ 0.4453125
11.1890%
100.0000%
78.7065%
100.0000%
7/5/2017
$ 0.4453125
11.1890%
100.0000%
78.7065%
100.0000%
10/5/2017
$ 0.4453125
11.1890%
100.0000%
78.7065%
100.0000%
Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through Core+ improvements to properties and to operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.
For more information, please visit our website at: .Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Company's present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the risk factors set forth in Item 1A of the Company's Annual Report on Form 10-K filed by the Company with the U.S. Securities and Exchange Commission ("SEC") on February 22, 2017, and subsequent filings by the Company with the SEC. We claim the safe harbor protection for forward looking statements contained in the Private Securities Litigation Reform Act of 1995.View original content with multimedia:
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