Bluerock Residential Growth REIT (BRG) Announces 2018 Year End Tax Reporting Information

NEW YORK, Jan. 31, 2019 /PRNewswire/ -- Bluerock Residential Growth REIT, Inc. announced today that the income tax treatment for the 2018 dividends on the Company's common stock and preferred stock is as follows:

(PRNewsfoto/Bluerock Residential Growth REI)

REPORTING INFORMATION (FORM 1099) – DIVIDENDS

The income tax treatment for 2018 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):

Class A Common Stock


CUSIP # 09627J102









Record Date

Payable
Date

Distribution
Rate Per
Share


Ordinary
Dividend
Rate

Nondividend
Rate

Total

12/22/2017

1/5/2018

$      0.0966670


0.00000%

100.00000%

100.0000%

3/23/2018

4/5/2018

$      0.1625000


0.00000%

100.00000%

100.0000%

6/25/2018

7/5/2018

$      0.1625000


0.00000%

100.00000%

100.0000%

9/25/2018

10/5/2018

$      0.1625000


0.00000%

100.00000%

100.0000%



$      0.5841670





 

The income tax treatment for 2018 dividends for Bluerock Residential Growth REIT, Inc. Series A Preferred Stock, CUSIP No. 09627J508, traded on the NYSE American Exchange under ticker symbol BRG-pA, is as follows (as reported on Form 1099-DIV):

Series A Preferred Stock


CUSIP # 09627J508






Record Date

Payable
Date

Distribution
Rate Per
Share


Ordinary
Dividend
Rate

Nondividend
Rate

Total

12/22/2017

1/5/2018

$     0.5156250


34.0050%

65.9950%

100.0000%

3/23/2018

4/5/2018

$     0.5156250


34.0050%

65.9950%

100.0000%

6/25/2018

7/5/2018

$     0.5156250


34.0050%

65.9950%

100.0000%

9/25/2018

10/5/2018

$     0.5156250


34.0050%

65.9950%

100.0000%



$     2.0625000





 

The income tax treatment for 2018 dividends for Bluerock Residential Growth REIT, Inc. Series B Preferred Stock, CUSIP #s below, is as follows (as reported on Form 1099-DIV): 

Series B Preferred Stock












(CUSIP #'s 09627J805, 09627J870, 09627J862, 09627J854, 09627J847, 09627J839, 09627J821, 09627J813, 09627J797, 09627J789, 09627J771, 09627J763, 09627J755, 09627J730, 09627J722, 09627J714, 09627J698, 09627J680, 09627J672, 09627J664, 09627J649, 09627J631, 09627J623, 09627J615, 09627J599, 09627J581, 09627J573, 09627J565, 09627J557, 09627J540, 09627J532, 09627J524, 09627P207, 09627P306, 09627P405, 09627P504, 09627P603, 09627P702, 09627P801, 09627P884, 09627P876, 09627P868, 09627P850, 09627P843, 09627P835, 09627P827, 09627P819, 09627P793, 09627P785, 09627P777, 09627P769, 09627P751, 09627P744, 09627P736, 09627P728, 09627P710, 09627P694, 09627P686, 09627P678, 09627P660, 09627P652, 09627P645, 09627P637, 09627P629, 09627P611, 09627P595, 09627P587, 09627P579)








Record Date

Payable
Date

Distribution
Rate Per
Share


Ordinary Dividend
Rate

Nondividend
Rate

Total

12/22/2017

1/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

1/25/2018

2/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

2/23/2018

3/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

3/23/2018

4/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

4/25/2018

5/4/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

5/25/2018

6/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

6/25/2018

7/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

7/25/2018

8/3/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

8/24/2018

9/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

9/25/2018

10/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

10/25/2018

11/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%

11/23/2018

12/5/2018

$      5.0000000


34.0050%

65.9950%

100.0000%



$    60.0000000






 

The income tax treatment for 2018 dividends for Bluerock Residential Growth REIT, Inc. Series C Preferred Stock, CUSIP No. 09627J748, traded on the NYSE American Exchange under ticker symbol BRG-pC, is as follows (as reported on Form 1099-DIV):

Series C Preferred Stock


CUSIP # 09627J748









Record Date

Payable
Date

Distribution
Rate Per
Share


Ordinary
Dividend
Rate

Nondividend
Rate

Total

12/22/2017

1/5/2018

$     0.4765625


34.0050%

65.9950%

100.0000%

3/23/2018

4/5/2018

$     0.4765625


34.0050%

65.9950%

100.0000%

6/25/2018

7/5/2018

$     0.4765625


34.0050%

65.9950%

100.0000%

9/25/2018

10/5/2018

$     0.4765625


34.0050%

65.9950%

100.0000%



$     1.9062500





 

The income tax treatment for 2018 dividends for Bluerock Residential Growth REIT, Inc. Series D Preferred Stock, CUSIP No. 09627J656, traded on the NYSE American Exchange under ticker symbol BRG-pD, is as follows (as reported on Form 1099-DIV):

Series D Preferred Stock


CUSIP # 09627J656









Record Date

Payable
Date

Distribution
Rate Per
Share


Ordinary
Dividend
Rate

Nondividend
Rate

Total

12/22/2017

1/5/2018

$     0.4453125


34.0050%

65.9950%

100.0000%

3/23/2018

4/5/2018

$     0.4453125


34.0050%

65.9950%

100.0000%

6/25/2018

7/5/2018

$     0.4453125


34.0050%

65.9950%

100.0000%

9/25/2018

10/5/2018

$     0.4453125


34.0050%

65.9950%

100.0000%



$     1.7812500





 

About Bluerock Residential Growth REIT, Inc.

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 value add improvements to properties and 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 the Company' website at: www.bluerockresidential.com.


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 March 13, 2018, 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.

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SOURCE Bluerock Residential Growth REIT, Inc.

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