CHICAGO, Jan. 19, 2012 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) announced today the tax reporting information for 2011 distributions on its common stock as shown below.
For 2011, $0.826000 per common share was distributed in the form of cash and Rouse Properties, Inc. common stock. Of this amount, $0.599298 per common share is taxable in 2011. The remainder of $0.226702 will be taxable in 2012. Distributions include an allocation of Unrecaptured Section 1250 Gain which is included in the Capital Gain Distribution figures. Federal Form 1099 will be mailed no later than January 31, 2012. Taxability of the 2011 distributions is not necessarily indicative of future distributions.
General Growth Properties, Inc. Common Stock
CUSIP 370023103
Ticker Symbol: GGP
2011 TAX INFORMATION -------------------- Record Payable Type of Distribution Total 2012 Total Taxable Capital Gain Unrecaptured Distribution Ordinary Distribution Sec. 1250 Date Date Per Share Taxable Taxable Distribution Distribution Dividends Gain ---- ---- --------- ------------ ------------ --------- ---- 4/15/11 4/29/11 Cash $0.100000 $0.000000 $0.100000 $0.050635 $0.049365 $0.023033 7/15/11 7/29/11 Cash 0.100000 0.000000 0.100000 0.050635 0.049365 0.023033 10/14/11 10/31/11 Cash 0.100000 0.000000 0.100000 0.050635 0.049365 0.023033 12/30/11 1/13/12 Cash 0.100000 0.043849 0.056151 0.028432 0.027719 0.012933 12/30/11 1/12/12 Stock 0.426000 0.182853 0.243147 0.123118 0.120029 0.056005 -------- ------- ----- -------- -------- -------- -------- -------- -------- TOTAL $0.826000 $0.226702 $0.599298 $0.303455 $0.295843 $0.138037 ===== ========= ========= ========= ========= ========= ========= PERCENT OF ANNUAL TOTAL 100.00% 50.64% 49.36% ======================= ====== ===== =====
ABOUT GGP
General Growth Properties, Inc. owns or has an interest in 136 regional shopping malls comprising approximately 140 million square feet of gross leasable area in the United States. GGP is headquartered in Chicago, Illinois and is publicly traded on the NYSE under the symbol GGP. For further information please visit the GGP website at www.GGP.com.
INVESTORS: MEDIA: Kevin Berry David Keating kevin.berry@ggp.com david.keating@ggp.com (312) 960-5529 (312) 960-6325
SOURCE General Growth Properties, Inc.