Brixmor Property Group has disclosed the specific components of its 2025 common-share distributions on a per-share basis, as they will appear on Form 1099-DIV. Each quarterly distribution of $0.2875 per share consists of $0.2804 in ordinary dividends and $0.0071 in capital gain distributions. There is no return of capital, no Section 897 capital gain, and no unrecaptured Section 1250 gain beyond the $0.0071 capital gain. Over the four scheduled payouts—record dates of January 3, April 2, July 2 and October 2, all payable on the 15th of the respective month—the aggregate distribution amounts to $1.1500 per share, comprised of $1.1216 in ordinary dividends and $0.0284 in capital gain distributions.

Investors should note that 97.5% of Brixmor’s total 2025 distributions will be classified as ordinary income, with the remaining 2.5% as capital gain. The absence of any return of capital means that shareholders will recognize the full distribution as taxable income in the year received. Furthermore, the company’s disclosure under Treasury Regulation §1.1061-6(c) confirms that no amounts are subject to the one-year or three-year applicable partnership interest holding period rules. For tax planning, shareholders may need to adjust estimated tax payments to account for the incremental $1.1216 of ordinary dividends and $0.0284 of capital gain per share, particularly those in higher tax brackets or with portfolios concentrated in real estate investment trusts.