After spending an hour or so on the phone with Scottrade.
The dividend paying company (SBRA) changed the status of the dividends to partial dividend/partial non-dividend distributions at the end of January.
As to the dividend payout.
Thanks for clearing that up.
Thank You
.
This is normal for any REITs. a lot of ETFs (including REITs) will do this thing called "Income Reallocation" after the year end. the company can only determines what type of incomes were paid out during the prior year. sometimes, it works in your favor, sometimes, it doesn't.
SBRA pays out 81.6% as nonqualified div and the 19.4% as return of capital. you shouldn't pay taxes on the 19.4%