What is the tax treatment of the June 2013 semi-annual cash dividend for U.S. tax purposes?
On May 7, 2013, Warner Chilcott plc (the "Company") declared a semi-annual cash dividend in the amount of $0.25 per share, payable June 14, 2013 to its shareholders of record on May 31, 2013. The Company will determine the character of the June 2013 semi-annual cash dividend for U.S. tax purposes after the end of the year and will communicate its determination before January 31, 2014. This determination will also address whether all or any part of the distribution is a "qualified dividend" for U.S. tax purposes.
The information set forth above is provided only for general use, and does not constitute a complete description of all of the U.S. tax consequences of the receipt of the June 2013 semi-annual cash dividend or the ownership and disposition of the Company's ordinary shares. Shareholders should consult their own tax advisors concerning such consequences.
What is the tax treatment of the December 2012 semi-annual cash dividend for U.S. tax purposes?
On December 14, 2012, Warner Chilcott plc (the “Company”) paid a semi-annual cash distribution in the amount of $0.25 per share to its shareholders of record on November 30, 2012. The Company has determined that it had sufficient earnings and profits for U.S. tax purposes for one hundred percent (100%) of the semi-annual cash distribution to be treated as a taxable dividend for U.S. tax purposes. The Company expects that the entire distribution received by shareholders will be treated as a "qualified dividend" for U.S. tax purposes. The information set forth above is provided only for general use, and does not constitute a complete description of all of the U.S. tax consequences of the receipt of the semi-annual cash distribution or the ownership and disposition of the Company's ordinary shares. Shareholders should consult their own tax advisors concerning such consequences.
What is the tax treatment of the 2012 special cash dividend for U.S. tax purposes?
On September 10, 2012, Warner Chilcott plc (the “Company”) paid a special cash distribution in the amount of $4.00 per share to its shareholders of record as of August 31, 2012.The Company timely posted a draft IRS Form 8937 which indicated that the character of the distribution for U.S. tax purposes would be determined as of the end of 2012 and no later than January 2013. The Company has now determined that it had sufficient earnings and profits for U.S. tax purposes for one hundred percent (100%) of the special cash distribution to be treated as a taxable dividend for U.S. tax purposes, and the Form 8937 is no longer required as there is no effect upon shareholder basis. The Company expects that the entire distribution received by shareholders will be treated as a "qualified dividend" for U.S. tax purposes. The information set forth above is provided only for general use, and does not constitute a complete description of all of the U.S. tax consequences of the receipt of the special cash distribution or the ownership and disposition of the Company's ordinary shares.Shareholders should consult their own tax advisors concerning such consequences.
What was the tax treatment of the 2010 special cash dividend for U.S. tax purposes?
On September 8, 2010, Warner Chilcott plc paid a special cash dividend in the amount of $8.50 per share to its shareholders of record as of August 30, 2010. At the time the special cash dividend was paid, the Company indicated that the character of the dividend for U.S. tax purposes would be determined as of the end of 2010. The Company determined that it had sufficient earnings and profits for U.S. tax purposes for one hundred percent (100%) of the special cash dividend to be treated as a taxable dividend for U.S. tax purposes. Thus, the Company expects that the entire distribution received by shareholders was treated as a "qualified dividend" for U.S. tax purposes. The information set forth above is provided only for general use, and does not constitute a complete description of all of the U.S. tax consequences of the receipt of the special cash dividend or the ownership and disposition of the Company's ordinary shares. Shareholders should consult their own tax advisors concerning such consequences.
Does the Company have an ongoing regular dividend?
On August 7, 2012, Warner Chilcott plc announced a new dividend policy under which it expects to pay a total annual cash dividend to its ordinary shareholders of $0.50 per share in equal semi-annual installments of $0.25 per share. Any declaration by the board of directors to pay such future cash dividends, however, will depend on the Company's earnings and financial condition and other relevant factors at such time. The first semi-annual dividend is expected to be paid, subject to declaration by the board of directors, in the fourth quarter of 2012. Please see the August 7, 2012 press release for more information. http://ir.wcrx.com/releasedetail.cfm?ReleaseID=698985
Are the Company's dividends subject to Irish dividend withholding tax?
In certain circumstances, the Company is required to deduct Irish dividend withholding tax (“DWT”) (currently at the rate of 20%) from dividends (or other distributions) paid to our shareholders. As particular rules apply to shareholders based on their circumstances, shareholders should consult with their tax advisors to confirm whether they are eligible for exemption from DWT on dividends paid by the Company.
What is Warner Chilcott's ticker symbol?
The Class A Common Shares of Warner Chilcott plc are listed on the NASDAQ Global Market under the ticker symbol "WCRX".
Where is Warner Chilcott incorporated?
Warner Chilcott plc is incorporated in Ireland.
What is Warner Chilcott's fiscal year?
The Company's year end is December 31.
Where is the Company's corporate headquarters?
Warner Chilcott
1 Grand Canal Square
Dublin 2
Ireland
Where are the Company's US offices located?
Warner Chilcott
100 Enterprise Drive
Rockaway, New Jersey 07866
How can I get a copy of your filings with the Securities and Exchange Commission?
You may access these documents on this website. See the SEC Filings page.
How can I purchase Warner Chilcott stock?
Warner Chilcott plc's Class A Common Shares are traded on the NASDAQ Global Market. To purchase Warner Chilcott stock, please consult the stockbroker or stock purchase service of your choice.
Can I purchase shares directly from Warner Chilcott?
No. Warner Chilcott does not offer a direct purchase plan. If you are interested in purchasing Warner Chilcott stock, please consult the stockbroker or stock purchase service of your choice.
How can I find out how many shares of Warner Chilcott I own?
Warner Chilcott does not have access to information about individual stock holdings. To find out more about your holdings, please contact your broker or our Transfer Agent at:
American Stock Transfer & Trust Company, LLC
Operations Center
6201 15th Avenue
Brooklyn, NY 11219
1-800-937-5449
Who is Warner Chilcott's Transfer Agent and how do I contact them?
American Stock Transfer & Trust Company, LLC
Operations Center
6201 15th Avenue
Brooklyn, NY 11219
1 800-937-5449 www.amstock.com
As a registered stockholder, who should I contact to report my address change/report a lost stock certificate?
American Stock Transfer & Trust Company, LLC
Operations Center
6201 15th Avenue
Brooklyn, NY 11219
1 866-668-6550 www.amstock.com
When does Warner Chilcott release its earnings reports?
The Company's fiscal year end is December 31; subsequent quarters are March 31, June 30, and September 30. Warner Chilcott releases its earnings results as soon as practical following each of these dates within the bounds of required reporting dates as defined by the Securities and Exchange Commission. The time and date of our conference call can be found on the Events section of the Company's web site.
How can I contact Warner Chilcott's Investor Relations?
Contact information is available on our web site under Contact Us.
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Investor Relations
