The GEO Group Announces Tax Treatment of 2019 Dividends

The GEO Group, Inc. (NYSE: GEO) ("GEO") announced today the tax treatment of its 2019 dividend distributions.

The following table summarizes, for income tax purposes, the nature of distributions paid to shareholders, presented on a per share basis, during the calendar year ended December 31, 2019. Shareholders are encouraged to consult with their own tax advisors as to their specific tax treatment of GEO distributions.

Common Stock

(CUSIP # 36162J106)

Ordinary DividendsCapital Gains
CUSIP Record
Date
Payment
Date
Total
Dividends
Total Qualified (1) Non-Qualified Total Unrecaptured
Section 1250
Long Term Nondividend
Distributions (2)
36162J106 2/15/2019 2/22/2019

$

0.4800000

 

$

0.2759699

 

$

-

 

$

0.2759699

 

$

-

 

$

-

 

$

-

 

$

0.2040301

 

36162J106 4/15/2019 4/22/2019

$

0.4800000

 

$

0.2759699

 

$

-

 

$

0.2759699

 

$

-

 

$

-

 

$

-

 

$

0.2040301

 

36162J106 7/19/2019 7/26/2019

$

0.4800000

 

$

0.2759699

 

$

-

 

$

0.2759699

 

$

-

 

$

-

 

$

-

 

$

0.2040301

 

36162J106 10/25/2019 11/1/2019

$

0.4800000

 

$

0.2759699

 

$

-

 

$

0.2759699

 

$

-

 

$

-

 

$

-

 

$

0.2040301

 

 

 

 

 

 

 

 

 

Totals

$

1.9200000

 

$

1.1038796

 

$

0.0000000

 

$

1.1038796

 

$

-

 

$

-

 

$

-

 

$

0.8161204

 

 
Percentage

 

100

%

 

57.49373

%

 

0.00000

%

 

100.00000

%

 

0.00000

%

 

0.00000

%

 

0.00000

%

 

42.50627

%

 
 
(1) For 2019, there are no Qualified Dividends. Qualified Dividends represents the portion of Total Ordinary Dividends which constitutes a "Qualified Dividend", as defined by the Internal Revenue Service.
(2) The amount constitutes a "Return of Capital", as defined by the Internal Revenue Service.
 

About The GEO Group, Inc.

The GEO Group (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO is a leading provider of enhanced in-custody rehabilitation, post-release support, electronic monitoring, and community-based programs. GEO’s worldwide operations include the ownership and/or management of 130 facilities totaling approximately 96,000 beds, including projects under development, with a growing workforce of approximately 23,000 professionals.

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Contacts

Pablo E. Paez, 1-866-301-4436
Executive Vice President, Corporate Relations