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Clipper Realty Inc. Announces Tax Information For 2024 Distributions

1. Clipper Realty announces 2024 dividend details, impacting shareholder income. 2. Total dividend per share set at $0.095 with tax treatments specified.

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FAQ

Why Bullish?

The stable dividend indicates consistent cash flow, appealing to yield-seeking investors. Historically, companies with consistent dividends often see positive share price trends.

How important is it?

Dividend announcements directly influence investor sentiment and stock valuation, crucial for CLPR's market appeal.

Why Short Term?

The announcement provides immediate clarity for investors focused on upcoming dividends. Similar announcements in the past have positively influenced stock prices shortly after release.

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UHSAPLEAVB
NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced the Federal income tax treatment of its 2024 dividends to holders of its common stock.   Record Date   Payable Date   Total Dividend Per Share   Ordinary Dividend   Qualified Dividend   Nontaxable Dividend 3/27/2024 4/04/2024 $0.0950 $0.0095 $0.0000 $0.0855 5/21/2024 5/30/2024 $0.0950 $0.0095 $0.0000 $0.0855 8/.

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