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  1. Investor Relations
  2. Stock Information
  3. Dividends/IRS Form 8937

April 19, 2017: Public Notice of Calendar Year 2015 Dividends Paid in accordance with IRC §6045B (Amended)
Stein Mart, Inc. paid five dividends to common shareholders in calendar 2015 through October 16, 2015. Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the character of these payments. Based upon our final assessment of earnings and profits for 2015, 87.72% of these distributions constitute taxable dividends and 12.28% of these distributions constitute a return of capital. (Note that this form does not address the dividend paid on January 16, 2015, as no reporting is required for payments that do not affect shareholder basis.)

We encourage holders of record to consult their tax advisor for proper treatment of any Stein Mart, Inc. distributions included in their 2015 tax return. The determination of the tax treatment of distributions (dividend vs. return of capital) is reported to shareholders on Form 1099-DIV. With the reissuance of this Form 8937, we have issued corrected Forms 1099-DIV for 2015.

Additional information about this may be obtained by contacting Stein Mart, Inc. Director of Investor Relations, Linda Tasseff at 904-858-2639 or email ltasseff@steinmart.com.

Amended Form 8937 for Calendar Year 2015 Distributions Paid Through October 16, 2015 - Posted April 19, 2017

 

April 19, 2017: Public Notice of Calendar Year 2016 Dividends Paid in accordance with IRC §6045B
Stein Mart, Inc. has paid four dividends to common shareholders in calendar 2016 through October 14, 2016. Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of these payments. Based upon our estimate of earnings and profits for 2016, 5.17% of these distributions constitute taxable dividends and 94.83% of these distributions constitute a return of capital.

We encourage holders of record to consult their tax advisor for proper treatment of any Stein Mart, Inc. distributions included in their 2016 tax return. The determination of the tax treatment of distributions (dividend vs. return of capital) is reported to shareholders on Form 1099-DIV. With the completion of this Form 8937, we have issued corrected Forms 1099-DIV for 2016.

Additional information about this may be obtained by contacting Stein Mart, Inc. Director of Investor Relations, Linda Tasseff at 904-858-2639 or email ltasseff@steinmart.com.

Form 8937 for Calendar Year 2016 Distributions Paid Through October 14, 2016 - Posted April 19, 2017