Apartment Investment and Management Company Announces 2016 Dividend Income Tax Allocation
January 13 2017 - 5:11PM
Business Wire
Apartment Investment and Management Company ("Aimco") (NYSE:
AIV, AIVPrA, and AIVPrZ) announced today the 2016 dividend
allocation for federal income tax purposes for its Class A Common
Stock, Class A Cumulative Preferred Stock, and its Class Z
Cumulative Preferred Stock.
Aimco’s tax return for the year ended December 31, 2016, has not
yet been filed. As a result, the income tax allocation for the
dividends discussed below has been calculated using the best
available information as of the date of this release. A portion of
the Class A Cumulative Preferred Stock Dividend and a portion of
the Class Z Cumulative Preferred Stock Dividend payable on January
15, 2016 were attributable to taxable income and gains recognized
in 2015.
Please note that federal tax laws affect taxpayers differently,
and the information in this release is not intended as advice to
shareholders as to how dividends should be reported on their tax
returns. Also note that state and local taxation of real estate
investment trust dividends varies and may not be the same as the
taxation under federal rules. Aimco encourages shareholders to
consult with their own tax advisors with respect to federal, state
and local income tax effects of these dividends.
Class A Common Stock (CUSIP 03748R-10-1)
RecordDate
PayableDate
DividendperShare
TaxableOrdinaryDividends
QualifiedDividends(20%
Rate)
CapitalGain(20%
Rate)
UnrecapturedSec. 1250Gain
(25%Rate)
Return ofCapital
2/19/16 2/29/16 $0.33
34.19810% 9.91986% 35.43643%
20.44561% 0.00000% 5/20/16
5/31/16 $0.33 34.19810%
9.91986% 35.43643% 20.44561%
0.00000% 8/19/16 8/31/16 $0.33
34.19810% 9.91986%
35.43643% 20.44561% 0.00000% 11/18/16
11/30/16 $0.33 34.19810%
9.91986% 35.43643%
20.44561% 0.00000% Annual
$1.32 34.19810% 9.91986%
35.43643% 20.44561% 0.00000%
Aimco Preferred Stock
Class A Cumulative Preferred Stock (CUSIP 03748R-76-2
)
RecordDate
PayableDate
DividendperShare
TaxableOrdinaryDividends
QualifiedDividends(20%
Rate)
CapitalGain(20%
Rate)
UnrecapturedSec. 1250Gain
(25%Rate)
Return ofCapital
1/1/16 1/15/16 $0.4297
84.22370% 2.37898% 8.49563%
4.90169% 0.00000% 4/1/16 4/15/16
$0.4297 34.19810%
9.91986% 35.43643% 20.44561%
0.00000% 7/1/16 7/15/16 $0.4297
34.19810% 9.91986%
35.43643% 20.44561% 0.00000% 10/1/16
10/15/16 $0.4297
34.19810% 9.91986% 35.43643%
20.44561% 0.00000% Annual
$1.7188 46.70450%
8.03464% 28.70123% 16.55963%
0.00000%
Class Z Cumulative Preferred Stock (CUSIP
03748R-77-0)
RecordDate
PayableDate
Dividendper
Share
TaxableOrdinaryDividends
QualifiedDividends(20%
Rate)
CapitalGain(20%
Rate)
UnrecapturedSec. 1250Gain
(25%Rate)
Return ofCapital
1/1/16 1/15/16 $0.4375
84.22370% 2.37898% 8.49563%
4.90169% 0.00000% 4/1/16 4/15/16
$0.4375 34.19810%
9.91986% 35.43643% 20.44561%
0.00000% 7/1/16 7/15/16 $0.4375
34.19810% 9.91986%
35.43643% 20.44561% 0.00000% Annual
$1.3125 50.87330%
7.40623% 26.45616%
15.26431% 0.00000%
On July 29, 2016, Aimco redeemed all outstanding shares of its
Class Z Cumulative Preferred Stock at $25.00 per share plus an
amount equal to accumulated and unpaid dividends thereon to the
redemption date of $0.0729 per share. $25.0729 per share should be
treated as redemption proceeds.
Aimco is a real estate investment trust focused on the ownership
and management of quality apartment communities located in select
markets in the United States. Aimco is one of the country's largest
owners and operators of apartments, with 193 communities in 22
states and the District of Columbia. Aimco common shares are traded
on the New York Stock Exchange under the ticker symbol AIV, and are
included in the S&P 500. For more information about Aimco,
please visit our website at www.aimco.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170113005745/en/
AimcoElizabeth Coalson, 303-691-4327Vice President
Investor RelationsElizabeth.Coalson@Aimco.com
Apartment Investment and... (NYSE:AIV)
Historical Stock Chart
From Mar 2024 to Apr 2024
Apartment Investment and... (NYSE:AIV)
Historical Stock Chart
From Apr 2023 to Apr 2024