Regency Centers has detailed the federal income tax treatment for its 2025 distributions to common and preferred shareholders. Common‐stock holders received four quarterly distributions totaling $2.87 per share, of which $2.832519 qualified as ordinary dividends and $0.096603 is eligible for the 20% qualified business income deduction under Section 199A. Capital gain distributions allocated to common shareholders totaled $0.037481, and nontaxable return of capital distributions amounted to $0.029074. Series A cumulative preferred shares received $1.562500 in total distributions, including $1.542092 in ordinary dividends, $0.052592 in Section 199A dividends, $0.020408 in capital gain distributions and $0.015828 in nontaxable distributions. Series B preferred shares were paid $1.468800 in total distributions: $1.449616 ordinary, $0.049440 Section 199A, $0.019184 capital gain and $0.014880 nontaxable. The fourth‐quarter common dividend was increased to $0.755 per share, fully reported in 2025 for tax purposes.

Regency Centers has a track record of increasing its annual dividend for several consecutive years, most recently implementing a 7% rise. The company’s portfolio—anchored by high‐productivity grocers and best‐in‐class retailers in suburban trade areas with strong demographics—provides defensive cash flow support. As a self‐administered, self‐managed REIT and S&P 500 member, Regency Centers maintains balance‐sheet flexibility and access to capital markets. Given its robust distribution coverage ratios, recurring base rent growth and tenant credit quality, shares appear fairly valued relative to peers, offering income‐seeking investors both stability and modest growth potential.