Clipper Realty Inc. Announces Tax Information For 2024 Distributions

NEW YORK--(BUSINESS WIRE)--February 28, 2025-- 

Clipper Realty Inc. (NYSE: CLPR), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced the Federal income tax treatment of its 2024 dividends to holders of its common stock.

 
                               Total 
                Payable      Dividend     Ordinary     Qualified   Nontaxable 
 Record Date      Date       Per Share    Dividend     Dividend     Dividend 
------------  ------------  -----------  -----------  -----------  ----------- 
 3/27/2024     4/04/2024      $0.0950      $0.0095      $0.0000      $0.0855 
 5/21/2024     5/30/2024      $0.0950      $0.0095      $0.0000      $0.0855 
 8/15/2024     8/22/2024      $0.0950      $0.0095      $0.0000      $0.0855 
 11/13/2024    11/27/2024     $0.0950      $0.0095      $0.0000      $0.0855 
 

Shareholders are advised to consult their tax advisor about the specific tax treatment of 2024 dividends.

About Clipper Realty

Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. For more information on Clipper Realty Inc., please visit www.clipperrealty.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250228099638/en/

 
    CONTACT:    Investors: 

Clipper Realty Inc.

Lawrence Kreider, CFO

718-438-2804 x2231

M: 917-370-2046

www.ClipperRealty.com

(END) Dow Jones Newswires

February 28, 2025 12:49 ET (17:49 GMT)