$AMEN Amen Properties Clarifies Tax Treatment of Dividends
Press Release | 07/27/2020
Amen Properties, Inc. (Pink Sheets: AMEN) today released the following information in response to inquiries from shareholders. The table below shows the tax treatment of the company’s dividend payments since 2011:
Year
Ordinary Dividend
Non-Dividend Distributions
2011
100%
--
2012
35%
65%
2013
74%
26%
2014
100%
--
2015
32%
68%
2016
100%
--
2017
100%
--
2018
100%
--
2019
10%
90%
This information is also available on the company’s web site at www.amenproperties.com.
About Amen Properties:
Amen Properties owns a portfolio of properties including real estate and oil and gas interests.
Cautionary Statement:
This document contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements can be identified by use of the words "expect," "project," "may," "might," potential," and similar terms. AMEN Properties, Inc. ("Amen", "we" or the "Company") cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Amen's control. These factors include, but are not limited to, our ability to implement our strategic initiatives, economic, political and market conditions and price fluctuations, government and industry regulation, U.S. and global competition and other factors. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise
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