The GEO Group Announces Tax Treatment of 2013 Dividends
BOCA RATON, Fla.--(BUSINESS WIRE)-- The GEO Group, Inc. (NYSE: GEO) ("GEO") announced today the tax treatment of its 2013 dividend distributions.
The following table summarizes, for income tax purposes, the nature of distributions paid to shareholders, presented on a per share basis, during the calendar year ended December 31, 2013. Shareholders are encouraged to consult with their own tax advisors as to their specific tax treatment of GEO distributions.
Common Stock (CUSIP # 36159R103)
| Ordinary Dividends | Capital Gains | |||||||||||||||||||||||||||||||||
|
Record |
Payment |
Distribution |
Total | Qualified |
Non- |
Total | Unrecaptured Section 1250 | Long Term |
Nondividend |
|||||||||||||||||||||||||
| 2/15/2013 | 3/1/2013 | $ | 0.5000000 | $ | 0.5000000 | $ | 0.1551057 | $ | 0.3448943 | $ | - | $ | - | $ | - | $ | - | |||||||||||||||||
| 5/20/2013 | 6/3/2013 | 0.5000000 | 0.5000000 | 0.1551057 | 0.3448943 | - | - | - | - | |||||||||||||||||||||||||
| 8/19/2013 | 8/29/2013 | 0.5000000 | 0.5000000 | 0.1551057 | 0.3448943 | - | - | - | - | |||||||||||||||||||||||||
| 11/14/2013 | 11/26/2013 | 0.5500000 | 0.5500000 | 0.1706163 | 0.3793837 | - | - | - | - | |||||||||||||||||||||||||
| Totals | $ | 2.0500000 | $ | 2.0500000 | $ | 0.6359334 | $ | 1.4140666 | $ | - | $ | - | $ | - | $ | - | ||||||||||||||||||
| Percentage | 100.0 | % | 100.0 | % | 31.0 | % | 69.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | ||||||||||||||||||
| (1) Typically represents a return of capital. | ||||||||||||||||||||||||||||||||||
About The GEO Group, Inc.
The GEO Group, Inc. (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe. GEO is the world's leading provider of diversified correctional, detention, and community reentry services to government agencies worldwide with operations in the United States, Australia, South Africa, and the United Kingdom. GEO's worldwide operations include the ownership and/or management of 95 facilities totaling approximately 73,000 beds with a growing workforce of approximately 18,000 professionals.
The GEO Group, Inc.
Pablo E. Paez, 1-866-301-4436
Vice President, Corporate Relations
Source: The GEO Group, Inc.