Price Legacy Tax Reporting Information for 2007 Dividend Distributions
NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--
PL Retail LLC, a joint venture between Kimco Realty Corporation (NYSE: KIM) and clients of DRA Advisors LLC, today announced the 2007 year-end tax reporting information for the Price Legacy Preferred Stock as follows:
Price Legacy 6.82% Preferred Series 1
Ticker Symbol: PLREP
CUSIP: 74144P40 3
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Declaration Record Payable Distribution Ordinary
Date Date Date per Share Income
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02/01/07 02/08/07 02/15/07 $0.29000 $0.157963
05/01/07 05/08/07 05/15/07 $0.29000 $0.157963
08/01/07 08/08/07 08/15/07 $0.29000 $0.157963
11/01/07 11/08/07 11/15/07 $0.29000 $0.157963
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Totals $1.16000 $0.631852
100% 54%
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Capital Gains
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Unrecaptured Return of
Total Long Term Sec 1250 Capital
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$0.132037 $0.110200 $0.021837 $0.000000
$0.132037 $0.110200 $0.021837 $0.000000
$0.132037 $0.110200 $0.021837 $0.000000
$0.132037 $0.110200 $0.021837 $0.000000
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$0.528148 $0.440800 $0.087348 $0.000000
46%
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About Kimco
Kimco Realty Corporation, a real estate investment trust (REIT), owns and operates the nation's largest portfolio of neighborhood and community shopping centers. As of December 31, 2007, the company owned interests in approximately 1,973 properties comprising 183 million square feet of leaseable space across 45 states, Puerto Rico, Canada, Mexico and Chile. Publicly traded on the NYSE under the symbol KIM and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for 50 years. For further information, visit the Company's web site at www.kimcorealty.com.
About DRA Advisors LLC
DRA Advisors LLC is a New York-based registered investment advisor specializing in real estate investment management services for institutional and private investors, including pension funds, university endowments, foundations, and insurance companies. Founded in 1986, the firm currently manages over $9.2 billion in assets. Additional information about DRA can be found on the company's website at www.draadvisors.com.
Source: Kimco Realty Corporation
Released February 28, 2008