Tax Treatment of Dividends

Tax Treatment of Dividends

Historic tax data:



Common Stock (CUSIP # 87266M107)

Record
Date
Payment
Date
Total Distribution
Per Share3
Ordinary Income
Per Share
Capital Gain
Per Share
Non-Dividend
Distribution
12/23/2016 (1) 02/01/2017 $0.3657 $0.3572 $0.0085 $0.0000
03/31/2017 04/25/2017 $0.5425 $0.5298 $0.0127 $0.0000
06/30/2017 07/25/2017 $0.5100 $0.4981 $0.0119 $0.0000
10/06/2017 10/25/2017 $0.3300 $0.3223 $0.0077 $0.0000
12/29/2017 (2) 01/25/2018 $0.3800 $0.3711 $0.0089 $0.0000

(1) – A portion of the dividend declared on December 23, 2016 and paid on February 1, 2017 is treated as a 2017 distribution for federal income tax purposes and will be included on the 2017 Form 1099-DIV.
(2) – Pursuant to IRC Section 857(b)(9), cash distributions made on January 25, 2018 with a record date of December 29, 2017 are treated for federal income tax purposes as received by shareholders on December 31, 2017 to the extent of the Company's 2017 tax earnings and profits.
(3) - A stock dividend of 1.235 per common share was declared for the holders of record as of July 3, 2017, resulting in the issuance of 9,455,083 shares of common stock on July 25, 2017, in conjunction with the closing of Company's initial public offering ("IPO") of 11,000,000 shares of common stock. On August 22, 2017 the Company issued an additional 650,000 shares of common stock pursuant to the underwriters' execution of the overallotment option for the IPO.