Epr properties announces tax status of 2022 distributions
Kansas city, mo.--(business wire)--epr properties (nyse: epr) today announced the 2022 year-end tax reporting information for 2022 distributions made to shareholders. shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of epr properties distributions. the 2022 distributions paid of $3.225000 per common share (cusip #26884u109) are as follows: record date payment date cash distribution per share taxable ordinary dividend non- taxable return of capital total capital gain distribution unrecaptured sec. 1250 gain total 199a distribution 12-31-21 01-18-22 $0.250000 $0.200824 $0.049176 $0.000000 $0.000000 $0.200824 01-31-22 02-15-22 $0.250000 $0.200824 $0.049176 $0.000000 $0.000000 $0.200824 02-28-22 03-15-22 $0.250000 $0.200824 $0.049176 $0.000000 $0.000000 $0.200824 03-31-22 04-18-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 04-29-22 05-16-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 05-31-22 06-15-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 06-30-22 07-15-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 07-29-22 08-15-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 08-31-22 09-15-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 09-30-22 10-17-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 10-31-22 11-15-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 11-30-22 12-15-22 $0.275000 $0.220907 $0.054093 $0.000000 $0.000000 $0.220907 total for 2022 $3.225000 $2.590635 $0.634365 $0.000000 $0.000000 $2.590635 100.000% 80.330% 19.670% 0.000% the 2022 total distributions per share of $1.611012, consisting of cash distributions paid of $1.437500 per share and non-cash distributions of $0.173512 per share, for the series c 5.75% cumulative convertible preferred shares (cusip #26884u208) are as follows: record date payment date cash distribution per share taxable ordinary dividend non- taxable return of capital total capital gain distribution unrecaptured sec. 1250 gain total 199a distribution 12-31-21 01-18-22 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000 $0.359375 03-31-22 04-18-22 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000 $0.359375 06-30-22 07-15-22 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000 $0.359375 09-30-22 10-17-22 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000 $0.359375 total for 2022 $1.437500 $1.437500 $0.000000 $0.000000 $0.000000 $1.437500 100.000% 100.000% 0.000% 0.000% effective date non-cash distribution per share taxable ordinary dividend non- taxable return of capital total capital gain distribution unrecaptured sec. 1250 gain total 199a distribution 12-31-2022 $0.173512 $0.000000 $0.173512 $0.000000 $0.000000 $0.000000 total for 2022(1) $0.173512 $0.000000 $0.173512 $0.000000 $0.000000 $0.000000 100.000% 0.000% 100.000% 0.000% the 2022 distributions paid of $2.250000 per share for the series e 9.00% cumulative convertible preferred shares (cusip #26884u307) are as follows: record date payment date cash distribution per share taxable ordinary dividend non- taxable return of capital total capital gain distribution unrecaptured sec. 1250 gain total 199a distribution 12-31-21 01-18-22 $0.562500 $0.562500 $0.000000 $0.000000 $0.000000 $0.562500 03-31-22 04-18-22 $0.562500 $0.562500 $0.000000 $0.000000 $0.000000 $0.562500 06-30-22 07-15-22 $0.562500 $0.562500 $0.000000 $0.000000 $0.000000 $0.562500 09-30-22 10-17-22 $0.562500 $0.562500 $0.000000 $0.000000 $0.000000 $0.562500 total for 2022 $2.250000 $2.250000 $0.000000 $0.000000 $0.000000 $2.250000 100.000% 100.000% 0.000% 0.000% shareholders of the series c 5.75% cumulative convertible preferred shares and the series e 9.00% cumulative preferred shares received non-cash distributions associated with conversion adjustments, as provided by the provisions of the respective series. the conversion adjustment provision entitles series c and series e shareholders, upon certain quarterly common share distribution thresholds being met, to receive additional epr properties common shares upon a conversion of the preferred shares into common shares. the increase in common shares to be received upon a conversion is a deemed distribution for federal income tax purposes. in accordance with the respective series provisions, the conversion adjustment is effective in quarters in which the change in the cumulative increased conversion ratio exceeds 1%. the deemed distributions are recognized (a) in the quarter when the cumulative conversion ratio exceeds 1% and (b) at december 31, 2022 for any conversion adjustment which has been deferred due to the cumulative increased conversion ratio being less than 1%. as such, a deemed distribution associated with the conversion adjustment for series c is reflected in december, 2022. the 2022 total distributions paid per share of $1.437500 for the series g 5.750% cumulative redeemable preferred shares (cusip #26884u505) are as follows: record date payment date cash distribution per share taxable ordinary dividend non- taxable return of capital total capital gain distribution unrecaptured sec. 1250 gain total 199a distribution 12-31-21 01-18-22 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000 $0.359375 03-31-22 04-18-22 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000 $0.359375 06-30-22 07-15-22 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000 $0.359375 09-30-22 10-17-22 $0.359375 $0.359375 $0.000000 $0.000000 $0.000000 $0.359375 total for 2022 $1.437500 $1.437500 $0.000000 $0.000000 $0.000000 $1.437500 100.000% 100.000% 0.000% 0.000% about epr properties epr properties (nyse:epr) is the leading diversified experiential net lease real estate investment trust (reit), specializing in select enduring experiential properties in the real estate industry. we focus on real estate venues which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. we have approximately $6.6 billion in total investments across 44 states. we adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. we believe our focused approach provides a competitive advantage and the potential for stable and attractive returns. further information is available at www.eprkc.com.
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