Headline: Uniti Group Inc. Announces Tax Reporting Information for 2022 Distributions
Location: Little Rock, AR, US
Post Date: Jan 25, 2023 4:15 PM
TAG ID: pznews422971
DocID: 202301258736519-en.xml
Word Count: approx. 270 words
Full story:
Uniti Group Inc. Announces Tax Reporting Information for 2022 Distributions

LITTLE ROCK, Ark., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today the tax treatment of its 2022 distributions. The following table summarizes the federal income tax treatment of the distributions on its common shares as it is expected to be reported on Form 1099 – DIV.  Common Stock CUSIP (91325V108) RecordDate PaymentDate TotalDistributionPer Share OrdinaryDividendPer Share Capital GainDistributionPer Share NondividendDistributionPer Share12/17/21 1/3/22 $0.15 $0.15 $0.00 $0.004/1/22 4/15/22 $0.15 $0.15 $0.00 $0.006/17/22 7/1/22 $0.15 $0.15 $0.00 $0.009/9/22 9/23/22 $0.15 $0.15 $0.00 $0.0012/16/22 12/30/22 $0.15 $0.15 $0.00 $0.00  Total $0.75 $0.75 $0.00 $0.00            Ordinary Dividend Per Share is non-qualified dividend income. The Ordinary Dividend Per Share will also be reported on Form 1099-DIV, Box 5, as Section 199A Dividends. $0.005886 of each distribution will be treated as Section 897 Ordinary Dividends. This amount will be reported on Form 1099-DIV, Box 2e and is also included in Ordinary Dividend Per Share. The quarterly cash dividend of $0.15 per share of common stock, which was paid on January 3, 2022 to the shareholders of record as of December 17, 2021, will be reported on Form 1099-DIV for the 2022 taxable year for federal income tax purposes.  ABOUT UNITI Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry. As of September 30, 2022, Uniti owns approximately 134,000 fiber route miles, 8.0 million fiber strand miles, and other communications real estate throughout the United States. Additional information about Uniti can be found on its website at www.uniti.com. INVESTOR AND MEDIA CONTACTS: Paul Bullington, 251-662-1512Senior Vice President, Chief Financial Officer & Treasurerpaul.bullington@uniti.com Bill DiTullio, 501-850-0872Vice President, Finance and Investor Relationsbill.ditullio@uniti.com

Please login to download this Story