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Uniti Group Inc. Announces Tax Reporting Information for 2017 Distributions

LITTLE ROCK, Ark., Jan. 23, 2018 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq:UNIT) announced today the tax treatment of its 2017 distributions.  The following table summarizes the federal income tax treatment of the distributions on its common shares as it is expected to be reported on Form 1099 – DIV.

 
Common Stock CUSIP (91325V108)
 
Record
Date
  Payment
Date
  Total Distribution
Per Share
  Ordinary
Dividend Per
Share
  Nondividend
Distribution
Per Share
12/30/16   1/13/17   $0.6000   $0.3046   $0.2954
3/31/17   4/14/17   $0.6000   $0.3046   $0.2954
6/30/17   7/14/17   $0.6000   $0.3046   $0.2954
9/29/17   10/13/17   $0.6000   $0.3046   $0.2954
    Total   $2.40   $1.22   $1.18
                       

Ordinary dividend per share is non-qualified dividend income.  The distribution paid on January 12, 2018 to stockholders of record on December 29, 2017 will be reported for federal income tax purposes in 2018.

ABOUT UNITI

Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of wireless infrastructure solutions for the communications industry.  As of September 30, 2017, Uniti owns 4.8 million fiber strand miles, 652 wireless towers, and other communications real estate throughout the United States and Latin America. Additional information about Uniti can be found on its website at www.uniti.com.

INVESTOR and MEDIA CONTACTS:

Mark A. Wallace, 501-850-0866
Executive Vice President, Chief Financial Officer & Treasurer
mark.wallace@uniti.com

Jim Volk, 501-850-0872
Vice President, Finance & Investor Relations
jim.volk@uniti.com

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Uniti Group Inc.