ATLANTA, GA --(BUSINESS WIRE)-- Post Properties, Inc. (NYSE:
PPS) announced how it expects its 2014 dividends to be classified for federal
income tax purposes.
Of special note is that for tax reporting purposes, the
common stock dividend payable on January 15, 2015 is taxable in year 2015.
This
release is based on the preliminary results of work on the Company’s tax
filings and is subject to correction or adjustment when the filings are
completed.
The Company is releasing information at this time to aid
those required to distribute Forms 1099 on the Company’s dividends. No material
change in these classifications is expected.
For a complete
copy of the company’s news release, please contact:
Post Properties, Inc.
Chris Papa, 404-846-5000
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