You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ: TIPT) announced the income tax treatment of its 2020 common stock distribution payments. Total 2020 distributions to common stockholders were $0.16 per share and are considered return of capital, as set forth below. CUSIP 88822Q103 FORM 1099-DIV Box 1a Box 1b Box 2a Box 2b Box 3 Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Qualified Dividends Capital Gain Distributions Unrecaptured Section 1250 Gain Nondividend Distributions Section 199A Dividends 3/23/2020 3/30/2020 $0.04 - - - - $0.04 - 5/18/2020 5/25/2020 $0.04 - - - - $0.04 - 8/24/2020 8/31/2020 $0.04 - - - - $0.04 - 11/23/2020 11/30/2020 $0.04 - - - - $0.04 - Total $0.16 - - - - $0.16 - Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Tiptree Inc. distributions. About Tiptree Tiptree Inc. (NASDAQ: TIPT) is a holding company that allocates capital across a broad spectrum of businesses, assets and other investments. Our principal operating business, Fortegra, is a specialty insurance program underwriter and service provider, which focuses on niche business lines and fee-oriented services. We also allocate capital to a diverse group of select investments that we refer to as Tiptree Capital. For more information, please visit www.tiptreeinc.com.

Answer: Tiptree Inc. Announces Tax Treatment of 2020 Common Stock Distributions